BESY Role of information

Which characteristic of useful information ensures it is understandable to the user?

• Timely
• Consistent
• Understandable
• Relevant

What is one disadvantage of digital technologies in finance?

• Reduced human error
• High initial costs
• Environmental benefits
• Enhanced data tracking

A key benefit of cloud accounting is:

• Internet dependency
• Real-time information
• Limited customisation
• Potential security issues

What type of information is handled by the finance function?

• Marketing strategies
• Inventory control data
• Recruitment processes
• Legal documentation

Which measure helps prevent hacking?

• Use of firewalls
• Document shredding
• Password protection
• Regular audits

Why is data protection important for businesses?

• To reduce operational costs
• To meet legal obligations
• To increase profitability
• To improve customer satisfaction

Which is an example of a physical security measure?

• Encryption
• Password protection
• Fire/smoke detectors
• Backup protocols

What is a best practice for creating strong passwords?

• Use at least 6 characters with symbols/numbers
• Use the same password for all accounts
• Change passwords once a year
• Avoid using symbols

Which cybersecurity measure helps prevent viruses?

• Encryption
• Use of antivirus software
• Random checks
• Access control

What is one drawback of cloud accounting?

• Up-to-date software
• Secure third-party access
• Vendor lock-in
• Built-in analytics tools