1421. What consists of the identification of risks or threats, the implementation of security measures, and the monitoring of those measures for effectiveness?

Risk management
Risk assessment
Security
None of the above
✅ The correct answer is A.
Risk management consists of the identification of risks or threats, the implementation of security measures, and the monitoring of those measures for effectiveness. Risk management is the process of identifying, assessing and controlling threats to an organization’s capital and earnings.

1420. Budgeted total cost in indirect cost pool is divided by budgeted total quantity of cost allocation base is to calculate by

budgeted direct cost rate
budgeted indirect cost rate
expected indirect cost rate
direct budget percentage
✅ The correct answer is B.
Budgeted total cost in indirect cost pool is divided by budgeted total quantity of cost allocation base is to calculate by budgeted indirect cost rate. The budgeted indirect cost rate formula is calculated by dividing the budgeted annual indirect costs by the budgeted annual quantity of the cost allocation base.

1417. The combination of technical and legal means for protecting digital content from unlimited reproduction without permission is known as __________.

Digital rights management
Digital protection schemes
Digital distribution regulation
Digital rights protection
✅ The correct answer is A.
The combination of technical and legal means for protecting digital content from unlimited reproduction without permission is known as Digital rights management. Digital rights management (DRM) is a systematic approach to copyright protection for digital media.

1436. All of the following are major categories of computer viruses except _________.

Macro viruses
File-infecting viruses
Script viruses
Trojan viruses
✅ The correct answer is D.
All of the following are major categories of computer viruses except Trojan viruses. Trojan or Trojan horse is a type of malicious software. Trojan virus is designed to spy on the victims computer, access files or to extract sensitive data.

1435. The market price of a share of common stock is determined by ___________.

the board of directors of the firm
the stock exchange on which the stock is listed
the president of the company
individuals buying and selling the stock
✅ The correct answer is D.
The market price of a share of common stock is determined by individuals buying and selling the stock. The market value per share or fair market value of a stock is the price that a stock can be readily bought or sold in the current market place.

1434. On payment of a rider benefit, what happens to a policy contract?

Ceases
Dies
Cancelled
Continues
✅ The correct answer is D.
On payment of a rider benefit, a policy contract continues. A rider is an add-on to the primary policy, which offers benefits over and above the policy subject to certain conditions. One way to maximize the benefits on your life insurance policy and to customize it to suit your specific needs is by opting for riders.