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2 years ago

The three steps for it security management controls and implementation are: prioritize risks, respond to risks, and?

1 answer:

7 0

The three steps for IT security management controls and implementation are: prioritize risks, respond to risks, and monitor risks.

The IT Security Management focus on identifying security risks arising at time and take countermeasures accordingly. They controls risks on the information system through three steps. They are:

prioritize risks
respond to risks
monitor risks

The IT security management is implemented to ensure that the risk management is done properly. It evaluates the effectiveness of security controls. They first identify the risks and then start to respond to the risks by evaluating its potentials. Even after implementing a risk tolerance and management processes, they continue to monitor the risks as well.

Learn more about risk management at brainly.com/question/16781966

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Yucca Co. updates its inventory periodically. The company's beginning inventory was $4,860 and purchases were $10,080 during the

erastovalidia [21]

Answer:

the cost of goods sold is $5,940

Explanation:

The computation of the cost of goods sold is shown below:

As we know that

Cost of goods sold is

= beginning inventory + purchase made - ending inventory

= $4,860 + $10,080 - $9,000

= $5,940

Hence, the cost of goods sold is $5,940

We simply applied the above formula so that the correct value could come

And, the same is to be considered

8 0

3 years ago

The following table summarizes Nowman's non-cancelable operating lease payments with remaining terms in excess of one year for t

Anna007 [38]

Answer:

$1,872,000

Explanation:

The amount of operating lease obligation that needs to be reported on the balance sheet on December 31, 2018 is the total lease payment in next following years

= $220,000 + $180,000 + $240,000 + $210,000 + $190,000 + $832,000

= $1,872,000

If you want to know the payment lease in 2024 - 2027, we do as following:

The average of prior years between 2019 to 2023

= ($220,000 + $180,000 + $240,000 + $210,000 + $190,000)/ 5 years

= $208,000

And for years after 2023, the annual lease payment should be treated as the average of prior years between 2019 to 2023, then lease payment in 2024 - 2027 is $208,000 annually. Total $832,000 in 4 years.

8 0

3 years ago

Mattola Company is giving each of its employees a holiday bonus of $125 on December 16 (a non payday). The company wants each em

Anastaziya [24]

Answer:

a. $193.65

b. $80.69

Explanation:

The computation is shown below:

a) The gross amount of each bonud is

= Holiday bonus ÷ (1 - supplemental tax rate - OSADI tax rate - HI rate - state tax rate)

= $125 ÷ (1 - 0.25 - 0.062 - 0.0145 - 0.028)

= $125 ÷ 0.6455

= $193.65

b) Now the Net amount of each bonus check is

= Holiday bonus - (Holiday bonus × supplemental tax rate - Holiday bonus × OSADI tax rate - Holiday bonus × HI rate - Holiday bonus × state tax rate)

= $125 - ($125 × 0.25) - ($125 × 0.062) - ($125 × 0.0145) - ($125 × 0.028)

= $125 - $31.25 - $7.75 - $1.8125 - $3.5

= $80.69

Refer to the different tax table rate

7 0

3 years ago

Which of the following are mechanisms that have evolved to mitigate potential agency problems?

Sidana [21]

Answer:

I) Using the firm's stock options for compensation

III) Boards of directors forcing out underperforming management

IV) Security analysts monitoring the firm closely

V) Takeover threats

Explanation:

Agency problem can be regarded as

conflict of interest which are inherent that can exist between management of a company and its stockholders. It exist when there is expectation that one party act in the best interest of other.

It should be noted that Mechanism that are used in mitigation of potential agency problems are;

I) Using the firm's stock options for compensation

III) Boards of directors forcing out underperforming management

IV) Security analysts monitoring the firm closely

V) Takeover threats

5 0

3 years ago

True or false: The main purpose of both financial and managerial accounting is similar in that both aim to provide relevant info

Ivan

Answer: True

Explanation:

Even though Financial and Managerial accounting differ in the type of people who use it with Financial being used both internally and externally and Managerial being used internally, the main purpose is to provide relevant information to it's users.

Managerial accounting concerns analyzing and interpreting financial as well as other data so that the management can make informed decisions about their course of action.

Financial Accounting on the other hand provides the public with financial data on a company so that they may know whether to invest. Either way, they are both providing relevant information to users.

7 0

3 years ago