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Harlamova29_29 [7]
3 years ago
12

Organizations can use common core security principles recommended as industry best practices when developing policies, standards

, baselines, procedures, and guidelines. Which principle specifies that all personnel, assigned agents, and third-party providers should act in a timely manner to prevent and to respond to security breaches
Business
1 answer:
egoroff_w [7]3 years ago
4 0

Answer:

Timeliness principle.

Explanation:

Industry best practices can be used by various organizations as common core security principles to manage and control most, if not all of their assets and resources. These security principles can be adopted during the process of developing organizational policies, standards, baselines, procedures, and guidelines to effectively and efficiently manage the organization.

Timeliness principle can be defined as a principle which states that all stakeholders involved in the securitization of an organization and assets must act in a timely manner for the constant monitoring of the current and future state of the organization's assets, so as to avoid the integrity of its security being breached or compromised.

Hence, the principle which typically specifies that all personnel, assigned agents, and third-party providers should act in a timely manner to prevent and to respond to security breaches is known as the timeliness principle.

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suppose winston's annual salary as an accountant is $60,000 and his financial assets generate $4,000 per year in interest. one d
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To run the business, he outlays $8,000 in cash to cover all the costs involved with running the business, and earns revenues of $150,000. Winston's implicit costs $64,000

<h3>What is implicit costs?</h3>

Any expense that has already happened but isn't always shown or reported as a separate charge is considered an implicit cost. It stands for an opportunity cost that develops when a business commits internal resources to a project without receiving any direct payment in exchange.

For instance, losing out on sales and commissions while training a new employee takes up a day. This opportunity cost, often known as the commission and other pay, is a cost to the employee or trainer.

Explicit costs are distinguished from implicit costs by economists. Out-of-pocket costs including those for labour, supplies, and rent are considered explicit costs, also known as accounting costs. Implicit costs are expenses a company faces without making a direct financial commitment.

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8 0
2 years ago
The management of an online retailer is mostly interested in implementing strategies and pushing policies that result in the uti
mart [117]

Answer:

The right option is (C)

Explanation:

The economic model of corporate social responsibility explains that a company should focus on providing their customers with the best product possible and they should manufacturing goods which public needs.  The only way to benefit society is to leave society alone and work to provide market profit products that society needs. The management of online retail store is establishing a complete opposite framework.

7 0
3 years ago
Why is it important to be present and active in your courses?
nalin [4]
It is important to Learn, and Write down Results/Notes.
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4 years ago
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Osmectes Corp. has included a feature in its website that enables its employees to receive help from other employees. This suppo
PtichkaEL [24]

Answer:

Enterprise 2.0

Explanation:

Osmectes corp. is using enterprise 2.0 - integration software to integrate their employees to help each other. The software will help employees to perform towards achieving a common goal. It is an integration software that can be used for multiple different aspects. In the current scenario, Osmectes has used it to create software, which allows employees to assist each other.

7 0
3 years ago
The process of predicting what the market would pay for a company's investments and bonds is .
sweet-ann [11.9K]

The process of predicting what the market would pay for a company's investments and bonds is called a <u>valuation</u>.

Valuation is a quantitative process which determines what the market would pay for a company or its assets like investments and bonds. They may be valued on an absolute basis or on a relative basis compared to similar companies or assets. An analyst does this by placing value on many metrics.

Methods of valuation may differ and may provide different answers. Some methods that may be employed are Fundamental analysis, capital asset pricing model (CAPM) and dividend discount model (DDM).

<u>The other options are incorrect because:</u>

  • An appraisal is just an estimation of the market value of a company or its assets and is only used as a pricing guide.
  • Financial management is the practice of planning, obtaining, managing and administering funds in a business.
  • Assessment is the act of judging the value, amount or importance of a thing.

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<u>The complete question is given below:</u>

" the process of predicting what the market would pay for a company's investments and bonds is .

  • Valuation
  • Appraisal
  • Financial Management
  • Assessment    "

4 0
2 years ago
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