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Rudik [331]
2 years ago
10

A fundamental difference between a business impact analysis (BIA) and risk management is that risk management focuses on identif

ying threats, vulnerabilities, and attacks to determine which controls can protect information, while the BIA assumes __________.
Business
1 answer:
bekas [8.4K]2 years ago
7 0

The fundamental difference between a business impact analysis (BIA) and risk management is that risk management focuses on identifying threats, vulnerabilities, and attacks to determine which controls can protect the information, while the<u> BIA assumes security controls </u><u>have been bypassed, have failed, or have proven </u><u>ineffective, </u><u>and the attack has</u><u> succeeded.</u>

<u />

<h3>What is business impact analysis (BIA)?</h3>

A business impact analysis (BIA) refers to a scientific process to decide and compare the potential effects of an interruption to essential commercial enterprise operations as a result of a disaster, accident, or emergency.

A BIA is a crucial thing of an organization's commercial enterprise continuity plan (BCP).

<u></u>

Therefore,  BIA assumes security controls have been bypassed, have failed, or have proven ineffective, and the attack has succeeded.

learn more about business impact analysis:

brainly.com/question/16352505

#SPJ1

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The failure to record which transaction has no effect on the quality of inventory?
zimovet [89]

Do not record transactions that do not affect inventory quality. A recorded inventory transaction has actually taken place.

Records of inventory purchases made during the accounting period. The purchase account is increased by direct debit. The manufacturing costs of the goods sold are overestimated by the same amount. An overstatement of cost of goods sold will result in an understatement of net income and retained earnings by the original margin of error.

If the auditor is dissatisfied with the accuracy of the closing balance sheet and may be materially increase.

Inventory write-downs affect both the income statement and the balance sheet. Write-offs are treated as expenses. This means your net income and tax liability will be reduced. Therefore, a decrease in net income will reduce a company's retained earnings and reduce shareholders' equity on the balance sheet.

Learn more about inventory at

brainly.com/question/25887081

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4 0
1 year ago
A theory of strategic factor markets suggests that the resources a firm possesses might give it an advantage versus competitors
dybincka [34]

Explanation:

Organizations are integrated systems that use resources to achieve certain objectives and goals and become profitable and competitive.

Globalization was a phenomenon that contributed to an increase in the flow of information and changes in technologies and paradigms that contributed to a greater speed in consumer trends, and in the number of companies competing in the market.

Therefore, to achieve competitive advantage, it is not enough for the organization to use its resources in a conventional way, it is necessary to use strategies to add value to its processes. Considering the current business scenario, it can be said that the human resource in companies is the one that will give it a sustainable competitive advantage, since the knowledge acquired is one of the main resources used for the company to position itself in relation to competitors, each time more companies are promoters of social responsibility, so prioritizing knowledge and its stakeholders will always be the most advantageous option for creating value and competitive advantages.

4 0
3 years ago
What's your fav video game and why
Natali [406]

Answer:

Any game with Yoshi in it or Danganronpa.

  • Any yoshi game because I love Yoshi.
  • Danganronpa because of brutal murdering.

8 0
2 years ago
Read 2 more answers
By paraphrasing, an individual is:
natita [175]
By paraphrasing, an individual is:
ANSWER C. Putting another person's idea into different words or context
6 0
3 years ago
Read 2 more answers
Cash 30,000 Accounts receivable 65,000 Inventory 72,000 Marketable securities 36,000 Prepaid expenses 2,000 Intangible assets 40
lyudmila [28]

Answer:

2.7 times

Explanation:

The computation of the current ratio is shown below:

Current ratio = Current assets ÷ Current liabilities

where,

Current assets = Cash + account receivable + inventory + marketable securities  + prepaid expense

= $30,000 + $65,000 + $72,000 + $36,000 + $2,000

= $205,000

And, the current liabilities is

- Account payable + accrued liabilities + short term note payable

= $40,000 + $7,000 + $30,000

= $77,000

So, the current ratio is

= $205,000 ÷ $77,000

= 2.7 times

5 0
2 years ago
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