Midterm Study Guide Chapter 1 1. What is an action that could damage an asset? Threat 2. Which law requires all types of financial institutions to protect customers’ private financial information? 3. An AUP is part of a layered approach to security and it supports confidentiality. What else supports confidentiality? Data Classification Standards 4. A(n) _____________ is a detailed written definition of how software and hardware are to be used. standard 5. True
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Markowitz Mantra * Required Basic Concepts! As randomly selected securities are combined to create a portfolio, the __________ risk of the portfolio decreases until 10 to 20 securities are included. The portion of the risk eliminated is __________ risk, while that remaining is __________ risk * o diversifiable; nondiversifiable; total o relevant; irrelevant; total o total; diversifiable; nondiversifiable o total; nondiversifiable; diversifiable The higher an asset's beta, * o the more
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REPORT ON ICT ARCHITECTURE AND SECURITY Prepared for: Justin Debuse Submitted: 31. October 2008 Prepared by: André Nordal Sylte University of the Sunshine Coast Word count: 1665 Executive summary This report, authorised by Justin Debuse in Introduction to ICT, BUS108, looks at ICT architecture and security in an organisation. This report found that the major security threats within an organisation’s ICT
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Identification, measurement, and communication of financial information about; 2. Economic entities to; 3. Interested persons. 4 Financial Reporting • Financial accounting provides historical information • Financial reporting is used by both internal and external users • External users include such decision makers as investors, creditors, unions, and government agencies • Managerial accounting provides both historical and forecast information • Managerial
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the design, implementation and use of enterprise-level information systems in Defense While technology rapidly advances and information becomes a strategic asset, Big Data arouses the demand of politicians and military leaders to make use of possible information advantages to allegedly better support the military mission (DOD, 2010). However, the defense sector is still struggling with the implementation of adequate enterprise-level information systems. Therefore, militaries have to assess the necessity
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Definition There is significance between accounting harmonisation and accounting standardisation where harmonisation allows countries to have different accounting standards provided that they do not have logical conflict with the International Accounting Standards Board (IASB). Therefore the accounting standards in different countries are not identical but very similar from one to another which allows convergence of accounting practices. However, standardisation of accounting has the direct opposite
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Brown University of Phoenix IT/244 Intro to IT Security Katarina Brunski October 14, 2013 Access Control Policy Due in Week Seven: Outline the Access Control Policy. Describe how access control methodologies work to secure information systems Authentication Authentication establishes the identity of a user on a network. Malicious user and programs try to disrupt the service of the network in an attempt to obtain sensitive information or falsify data by mimicking valid persons. Differentiating
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stay generally consistent from firm to firm? With guidance and enforcement set forward by the Financial Accounting Standards Board, or FASB. The Securities and Exchange Commission delegated the responsibilities of developing general guidelines for accounting for firms to follow to the FASB. These guidelines are known as “generally accepted accounting principles,” or GAAP for short. The GAAP is a set of accounting standards that are used in the preparation of financial statements (Kelly & McGowen
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Structures GAAP or the “generally accepted accounting principles” are a set of standards that are accepted and practiced within the financial community. In order to fully understand the generally accepted accounting principles (GAAP) we must first look at the sources that the principles originated from. Historically, there are four organizations that have contributed to the development of the GAAP in the United States. They are the SEC (Securities and Exchange Commission), the AICPA (American Institute
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DILIGENCE Introduction of Due Diligence: Due Diligence is a process of thorough and objective examination that is undertaken before corporate entities enter into major transactions such as mergers and acquisitions, issuing new stocks and other securities, project finance, securitization, etc. One of the key objectives of due diligence is to minimize, to the maximum extent practicable, the possibility of there being unknown liabilities or risks. The exercise is the multi-dimensional and involves
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