In information security, which of the following is TRUE about managing risk?
A. Organizations should implement safeguards that balance the trade-off between risk and cost.
B. Physical security is classified as human safeguards.
C. Passwords are classified as technical safeguards.
D. All organizations except financial institutions should invest heavily in security safeguards.
E. All risks should be eliminated.
Answer: A
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Schedule M-3 is similar to Schedule M-1 in that the form is designed to reconcile net income per books with taxable income. However, an objective of Schedule M-3 is more transparency between financial statements and tax returns than that provided by Schedule M-1.
Answer the following statement true (T) or false (F)
The Highway Safety Department wants to study the driving habits of individuals. A sample of 81 cars traveling on the highway revealed an average speed of 67 miles per hour with a standard deviation of 9 miles per hour
a. Compute the standard error of the mean. b. Determine a 99% confidence interval estimate for the speed of all cars.
If events A and B are independent then:
a. P(A and B) = P(A) P(B) b. P(A and B) = P(A) + P(B) c. P(B|A) = P(A) d. None of these choices.
Often a project team will start the selection process by establishing a list of potential suppliers. All of the following information sources are frequently used to identify these potential suppliers EXCEPT:
a. supplier catalogs or websites b. sales personnel c. stakeholder register d. trade shows