The principle of ________ strongly suggests that programs should execute with the least amount of privileges needed to complete their function
What will be an ideal response?
least privilege
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A straight rebuy involves:
A) re-ordering raw materials from the same vendor B) buying materials from a new vendor C) seeking bids from a new vendor because of dissatisfaction with the current supplier D) purchasing a new building for an expansion project
If a pension plan amendment is adopted and retroactive benefits are granted to employees, the amount of the prior service cost at the date of grant is accounted for
A) as an intangible asset and liability that are recognized on the plan amendment date. B) as a prior period adjustment for the total amount of the prior service cost that is reported on the statement of retained earnings. C) as the total amount of the prior service cost that is recognized as an expense on the current period's income statement. D) initially as an unamortized amount to be included in the computation of pension expense over future periods.
Cash received from the issuance of notes payable is a(n) ________ activity on the statement of cash flows.
A) non-cash investing and financing B) financing C) operating D) investing
Fraud refers to errors that can occur in interpreting persuasive messages
Indicate whether the statement is true or false