Which of the following organization controls should be implemented and maintained to counteract the general threat that the loss of production data will greatly slow or halt production activity?

A) Store key master inventory and production order files on-site only to prevent their theft.
B) Back up data files only after a production run has been physically completed.
C) Access controls should apply to all terminals within the organization.
D) Allow access to inventory records from any terminal within the organization to provide efficient data entry.

Answer: C

Business

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A currency swap is equivalent to a

A) currency option, with the exercise price equal to the current spot rate. B) longdated forward foreign exchange contract, where the forward rate is the current spot rate. C) interest rate swap, where the basis is the differential between the fixed and floating interest rates. D) short-term currency futures contract.

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