________________ Is Described as the Process of Scrambling Data or Converting

question 59

Short Answer

________________ is described as the process of scrambling data or converting it, prior to transmission, to a secret code that masks the meaning of the data to unauthorized recipients.

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Definitions:

Long-Lived Assets

Assets that provide economic benefits to a business over a prolonged period, typically more than one year, such as buildings, machinery, and equipment.

Fixed Assets

Enduring assets with physical presence utilized in business activities, not foreseen to be liquidated or changed to cash within twelve months.

Depreciable Cost

The difference between a fixed asset’s initial cost and its residual value.

Acquisition Cost

The total cost associated with acquiring an asset, including the purchase price and any additional expenses necessary to get the asset ready for use.