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.
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Answer:
An offer is made on a property listed with broker Green for $93,000. The offer is for $91,000 and the buyer will be obtaining FHA financing. The appraisal comes in at $88,000. The recourse which the buyer have is:
- The buyer may get an FHA loan provided the difference between the appraised price is paid in cash.
Explanation:
- FHA stands for Federal Housing Authority. The FHA loan helps the buyer to get the home and it is a mortgage that is issued by the approved lender of the FHA.
- The benefit of this loan is that these loans require a lower minimum down payments and credit scores as compared to other conventional loans.
- In our case, the buyer will get the the financing from FHA to cover the difference of money between appraised price and actual price of the property.
Answer:
19.91 %
Explanation:
The Internal Rate of Return (IRR) is the Interest rate that will make the present values of cashflows equal to the price of the Initial investment.
<u>Calculation of IRR of Project A using a Financial Calculator :
</u>
($100,000) CFj
$30,000 Cfj
$30,000 Cfj
$30,000 Cfj
$30,000 Cfj
$30,000 Cfj
$30,000 Cfj
Shift IRR/YR 19.9054 or 19.91 %
Three really important roles are allocation function, distribution function, stabilization function
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