What is the purpose of a standard Access Control List $($ACL$)$ and what are its limitations$?$

What is the purpose of a standard Access Control List $($ACL$)$ and what are its limitations$?$

what is the answer?

$1.$The purpose of a standard ACL is to encrypt sensitive data at rest and in transit to protect it from unauthorized access. Its limitations include the dependency on strong encryption algorithms and regular key updates.

$2.$The purpose of a standard ACL is to control physical access to buildings and secure areas within an organization. Its limitations include the complexity of configuration and the need for advanced technical expertise.

$3.$The purpose of a standard ACL is to control access to specific network services and resources based on the source IP address. Its limitations include the inability to filter traffic based on destination IP addresses and port numbers.

$4.$The purpose of a standard ACL is to manage user access and permissions to files and folders on a local computer. Its limitations include the lack of scalability for large networks and the difficulty in maintaining access rights for multiple users.