Why is creating firewall policies desirable compared to just creating a list of ACL rules?
A) Policies are more specific.
B) Policies are easier to understand.
C) Both A and B
D) Neither A nor B
Answer: B
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The reconciliation of the cash register tape with the cash in the register is an example of
A) other controls. B) independent internal verification. C) establishment of responsibility. D) segregation of duties.
Which of the following intensifies price competition?
a. Non-price-related costs of using competing alternatives are high. b. Wider distribution of competitor and or substitution offers. c. Personal relationships have been established. d. Switching costs are high. e. Customer need for time and location specificity.
Compensation should be based on the positioning of the firm, the severity of the failure, and who the specific affected customer is
Indicate whether the statement is true or false
The aging of receivables method to estimate the amount of uncollectible accounts for the accounting period is one example of estimating bad debts by focusing on the balance sheet (accounts receivable)
Indicate whether the statement is true or false