In a Public Key Encryption Algorithm ____

question 14

Multiple Choice

In a public key encryption algorithm ____.

• A) the public key is used for encryption and the private key is used for decryption
• B) the private key is used for encryption and the public key is used for decryption
• C) a private key is used for both encryption and decryption
• D) a public key is used for both encryption and decryption
• E) a symmetric key is used for both encryption and decryption

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Definitions:

Economic Life

The expected period over which an asset remains useful to the owner or until it can generate economic benefits.

Artificial Time Periods

Divisions of time, not naturally occurring, created for the purpose of financial reporting, budgeting, or project scheduling.

Economic Entity Assumption

An accounting principle that treats a company as a separate entity from its owners or shareholders for financial reporting purposes.

Economic Events

Transactions and occurrences that have a direct impact on the financial position and performance of a company, including both internal and external activities.