Answers

This section contains the answers to the exercises and the Chapter review section in this chapter.

Exercise 1-1

The asset inventory would include the computer as a tangible asset, and the data stored on the computer would be intangible assets. You would identify specific files and perhaps specific applications that have value. To simplify this, you might identify the directories and consider that the directory holding the files is the asset.

Assign a value to each asset, considering the many aspects of the asset’s value. Considering only the computer hardware:

  • Quantitative value. Hardware cost: $1,500; cost (time and software) to recover software, reconfigure settings, recover and re-create data: $4,000

  • Qualitative value. $10,000: employer’s ...

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