Organizations use a(n) ________ to categorize a security threat, determine its cause, preserve any evidence, and get systems back online so they can resume business
A) risk matrix
B) incidence response plan
C) vulnerability assessment scheme
D) total quality management program
B
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Companies that issue publicly traded securities must turn in quarterly and annual financial reports to the SEC
a. True b. False Indicate whether the statement is true or false
Masters, Hardy, and Rowen are dissolving their partnership. Their partnership agreement allocates income and losses equally among the partners. The current period's ending capital account balances are Masters, $15,000; Hardy, $15,000; Rowen, $30,000. After all the assets are sold and liabilities are paid, but before any contributions to cover any deficiencies, there is $54,000 in cash to be distributed. The general journal entry to record the final distribution would be:
A. Debit Masters, Capital $15,000; debit Hardy, Capital $15,000; debit Rowen, Capital $30,000; credit Loss from Liquidation $6,000; credit Cash $54,000. B. Debit Masters, Capital $13,500; debit Hardy, Capital $13,500; debit Rowen, Capital $27,000; credit Cash $54,000. C. Debit Masters, Capital $13,000; debit Hardy, Capital $13,000; debit Rowen, Capital $28,000; credit Cash $54,000. D. Debit Masters, Capital $15,000; debit Hardy, Capital $15,000; debit Rowen, Capital $30,000; credit Gain from Liquidation $6,000; credit Cash $54,000. E. Debit Cash $54,000; credit Rowen, Capital $13,500; credit Masters, Capital $13,500; credit Hardy, Capital $27,000.
A perpetuity pays $100 each and every year forever. The duration of this perpetuity will be __________ if its yield is 9%.
A. 7 B. 9 C. 9.39 D. 12.11
Estimating taxes requires taxpayers to send quarterly installment payments to the IRS
a. True b. False