Please help: file and folder permissions question

Hello all, I was wondering if any of you would be so kind as to help me with this scenario:
This case project involves configuring share and NTFS permissions. Dover Leasing is in the process of reviewing their current structure and practices. There has been talk of minor security breaches occurring in which users are able to gain access to information they should not be permitted to view. Management would like you to make some recommendations as to how permissions can be changed on specific folders.
a.) Two network servers maintain confidential information pertaining to financial data and employee data. Users access the folders both locally and on the network. Only members of the Managers group, Human Resources Group, and Accountants group should have access to these folders. Explain how permissions can be implemented, including a short description of how share permissions and NTFS permissions work together.
b.) Dover Leasing has recently hired a new server administrator to assist you. He has worked with Windows NT 4.0 in the past and is unfamiliar with Windows Server 2003. Prepare a brief explanation for the new administrator about how to configure Share and NTFS permissions.
I'm still trying to grasp the whole concept on file and folder permissions. Any help on this would be greatly appreciated! And I will be forever in your debt..
This case project involves configuring share and NTFS permissions. Dover Leasing is in the process of reviewing their current structure and practices. There has been talk of minor security breaches occurring in which users are able to gain access to information they should not be permitted to view. Management would like you to make some recommendations as to how permissions can be changed on specific folders.
a.) Two network servers maintain confidential information pertaining to financial data and employee data. Users access the folders both locally and on the network. Only members of the Managers group, Human Resources Group, and Accountants group should have access to these folders. Explain how permissions can be implemented, including a short description of how share permissions and NTFS permissions work together.
b.) Dover Leasing has recently hired a new server administrator to assist you. He has worked with Windows NT 4.0 in the past and is unfamiliar with Windows Server 2003. Prepare a brief explanation for the new administrator about how to configure Share and NTFS permissions.
I'm still trying to grasp the whole concept on file and folder permissions. Any help on this would be greatly appreciated! And I will be forever in your debt..

Comments
The most restrictive set of permissions always wins. You could, of course, restrict access to files using just share permissions, but it won't prevent local users from accessing the files they don't need.
Feel free to ask questions. I'm taking this exam tomorrow morning and glad to help.
Good luck on your exam!