Discretionary Access Control (DAC) allows select users to control program access and assign rights to different users, while mandatory access control sets restrictions by security policy administrators. DAC is flexible and easily customizable, allowing for easy changes in access rights. This limits the possibility of illegal use by unauthorized individuals. Discretionary Access Control (DAC) is […]
A discretionary bonus is a cash award given at the discretion of someone with financial authority, usually based on individual performance and other factors. It cannot be contracted or earned through any specific channel and is not guaranteed. It is subject to income tax and is usually awarded at the end of the year. A […]
Discretionary spending refers to costs that can be cut to save a company money, and can also apply to personal household budgets. Companies may start by cutting benefits or unnecessary costs, but should not disrupt business operations. Advertising is often one of the first expenses to be cut. Discretionary spending is another term for discretionary […]
Discretionary accounts allow a broker or authorized person to manage an investor’s assets without needing to settle transactions beforehand. The investor can revoke privileges at any time and still has access to reports and updates on their portfolio. It is ideal for busy investors who trust their broker. Discretionary accounts are investment accounts that are […]
Discretionary accounts allow a broker or authorized person to manage an investor’s assets without prior settlement. Investors can participate in the investment process as they wish and revoke privileges at any time. Reports are provided, and investors can revoke privileges if they suspect the manager is not acting in their best interest. Discretionary accounts are […]
