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NEW QUESTION: 1
Which of the following conditions would allow a firm to classify a short-term liability as a long-term debt?
I. The firm has issued a long-term note with the stated purpose of extinguishing the short-term debt when it matures. The note is cancelable if there are violations of certain operating provisions.
II. The firm has entered into a binding agreement with a bank to refinance the short-term debt with a long- term liability.
III. The firm has announced that it will continue to refinance the debt with available credit for the next 2 years.
A. II & III
B. III only
C. I & III
D. II only
Answer: D
Explanation:
Explanation/Reference:
Explanation:
If these agreements have any provisions for cancellation which are either ambiguous or which have a good probability of being violated, then the short-term debt cannot be classified as a long-term debt. That's why (I) is not a valid choice. (III) is not acceptable since there is no demonstration of credible intent or ability to be able to refinance the debt.
NEW QUESTION: 2
You are helping guide your customer through the HPE GreenLake delivery process.
Is this a factor that can push out the date when services will be up and running? Solution: The customer did not agree to billing for a partial month in the SOW.
A. Yes
B. No
Answer: A
NEW QUESTION: 3
Which term below BEST describes the concept of least privilege?
A. A combination of classification and categories that represents the sensitivity of information.
B. Each user is granted the lowest clearance required for their tasks.
C. Active monitoring of facility entry access points.
D. A formal separation of command, program, and interface functions.
Answer: B
Explanation:
The least privilege principle requires that each subject in a system
be granted the most restrictive set of privileges (or lowest clearance) needed for the performance of authorized tasks. The application of this principle limits the damage that can result from
accident, error, or unauthorized use. Applying this principle may
limit the damage resulting from accidents, errors, or unauthorized
use of system resources.
*Answer "A formal separation of command, program, and interface functions." describes separation of privilege, which is the separation of functions, namely between the commands, programs, and
interfaces implementing those functions, such that malicious or erroneous code in one function is prevented from affecting the code or data of another function.
*Answer "A combination of classification and categories that represents the sensitivity of information." is a security level. A security level is the combination of hierarchical classification and a set of non-hierarchical categories that represents the sensitivity of information.
*Answer "Active monitoring of facility entry access points." is a distracter. Source: DoD
5200.28-STD Department
of Defense Trusted Computer System Evaluation Criteria.