Business continuity terms - Study guides, Class notes & Summaries

ACG 2021 Chapter 1 Questions and Answers 100% Pass What is the role of financial accounting in business? It provides summarized financial data that must comply with Generally Accepted Accounting Principles (GAAP) and is used by external stakeholders. How does managerial accounting differ from financial accounting? Managerial accounting offers detailed information tailored to management's needs and does not need to adhere to GAAP. It is utilized by internal decision-makers. What ...

ISOL 533 Final Exam Questions and Answers Latest Update 2023/2024 | Graded 100%. A BCP PM within a large organization usually _________. manages multiple BCP projects is responsible for laying out responsibilities creates a POAM manages multiple BCP projects is the same as a BCP coordinator ISOL 533 Review Test Submission: Final Exam 2 out of 2 points 2 out of 2 points Question 3 Selected Answer: True Answers: True False CAs can be private or public. Question 4 Selected Answer: A...

Accounting equation - Assets = Equities; or Assets = Liabilities + Stockholders' equity. Accounts payable - Amounts owed to suppliers for goods or services purchased on credit. Accounts receivable - Amounts due from customers for services already provided. Assets - Things of value owned by the business. Examples include cash, machines, and buildings. To their owners, assets possess service potential or utility that can be measured and expressed in money terms. Separate Economic Enti...

ISA 235 Exam 2 Review Exam Questions With 100% Verified Answers 5.1) What is an information MIS infrastructure? a) Infrastructure identifies ways that a company can grow in terms of computing resources while simultaneously becoming less dependent on hardware and energy consumption b) Identifies where and how important information, such as customer records, is maintained and secured c) Includes the hardware, software, and telecommunications equipment that, when combined, provides the unde...

CISA Flashcards Protection of Information Assets Exam 99 Questions with Verified Answers Define the following terms: decompiling, modular stage, due care, negligence, basic care, ordinary care, and extraordinary care. - CORRECT ANSWER Decompiling is the act of dividing a large auditing task into smaller audits so that all objectives and requirements can be met Modular stage is a type of audit created by decompiling. Due care is the degree of care for a client that auditors must demonstrate w...

ISA 235 Exam 2 Review Exam Questions With 100% Verified Answers 5.1) What is an information MIS infrastructure? a) Infrastructure identifies ways that a company can grow in terms of computing resources while simultaneously becoming less dependent on hardware and energy consumption b) Identifies where and how important information, such as customer records, is maintained and secured c) Includes the hardware, software, and telecommunications equipment that, when combined, provides the unde...

American Recovery and Reinvestment Act (ARRA) **Authorized INCENTIVE PAYMENTS to specific types of hospitals & healthcare professionals for adopting & using interoperable Health Information Technology and EHR's. The purposes of this act include the following: (1) To preserve/create jobs and promote economic recovery. (2) To assist those most impacted by the recession. (3) To provide investments needed to increase economic efficiency by spurring technological advances in science and health. (4...

AZ 900 Fundamentals Exam Prep 2024 Already Passed Which of the following is a correct statement? a. Private Cloud = Public Cloud + Hybrid Cloud b. Public Cloud = Hybrid Cloud + Private Cloud c. Hybrid Cloud = Private Cloud + Public Cloud c. Hybrid Cloud = Private Cloud + Public Cloud Which of the following describes a benefit of cloud services? a. Economics of scale b. Fixed workloads c. Unpredictable costs a. Economics of Scale When you implement a SaaS (Software as a Service) s...

CSIA 300 – Midterm Exam Questions with Correct Answers Which of the following terms BEST describes the effort to determine the consequences of disruptions that could result from a disaster? - Answer-Business impact analysis The elements of risk are as follows: - Answer-Threats, assets, and mitigating controls Which of the following methods is not acceptable for exercising the business continuity plan? - Answer-Halting a production application or function Which of the following is t...

BLAW 3391 TTU Exam 2 Questions And Answers (Verified And Updated) Sole Proprietorship - answerSimplest business form; owner is the business. Owner reports business income on personal income tax return and is legally responsible for all debts and obligations incurred by the business. 2/3 of all U.S. businesses are formed in this way. Sole Proprietorship Advantages - answer•Owner receives all profits; pays only personal taxes •Easy to create; less costly •Flexible decision making So...