BUSINESS COLLEGE

When creating a company's security policy, it is not necessary that the scope align with the company's annual information security budget. True False

Answers

Answer 1
Answer:

Answer:

False, you would want them to align.

Explanation:

Related Questions

Biochemical Corp. requires $720,000 in financing over the next three years. The firm can borrow the funds for three years at 10.20 percent interest per year. The CEO decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 8.50 percent interest in the first year, 12.90 percent interest in the second year, and 9.75 percent interest in the third year. Assume interest is paid in full at the end of each year.Required:a. Determine the total interest cost under each plan.b. Which plan is less costly? i. Short-tem variable-rate plan ii. Long-term fixed-rate plarn
FARO Technologies, whose products include portable 3 D measurement equipment, recently had 17 million shares outstanding trading at $42 a share. Suppose the company announces its intention to raise $200 million by selling new shares.a. What do market signaling studies suggest will happen to FARO’s stock price on the announcement date? Why?b. How large a gain or loss in aggregate dollar terms do market signaling studies suggest existing FARO shareholders will experience on the announcement date?c. What percentage of the value of FARO’s existing equity prior to the announcement is this expected gain or loss?d. At what price should FARO expect its existing shares to sell immediately after the announcement?
Suppose you are committed to owning a $191,000 Ferrari. If you believe your mutual fund can achieve an annual rate of return of 11 percent and you want to buy the car in 8 years on the day you turn 30, how much must you invest today?
Journalize entries for the following related transactions of Manville Heating & Air Company. Refer to the Chart of Accounts for exact wording of account titles. Mar. 1 Purchased $90,000 of merchandise from Wright Co. on account, terms 2/10, n/30. Mar. 9 Paid the amount owed on the invoice within the discount period.Mar. 11 Discovered that $18,000 of the merchandise purchased on March 1 was defective and returned items, receiving credit for $17,640 [$18,000 − ($18,000 × 2%)].Mar. 18 Purchased $10,000 of merchandise from Wright Co. on account, terms n/30.Mar. 20 Received a refund from Wright Co. for return on Mar. 11 less the purchase on Mar. 18.
The projected benefit obligation was $460 million at the beginning of the year. Service cost for the year was $25 million. At the end of the year, pension benefits paid by the trustee were $21 million and there were no pension-related other comprehensive income accounts requiring amortization. The actuaries discount rate was 5%.

A company reports purchases of $ 418 comma 000​, a beginning accounts payable balance of $ 48 comma 000​, and an ending accounts payable balance of $ 40 comma 000. All purchases were on account. The​ company's accounts payable turnover would be closest​ to:____________​(Values are rounded to two decimal​ places, X.XX.)

Answers

Answer:

9.50 times

Explanation:

The computation of the accounts payable turnover ratio  is shown below:

= Total purchase ÷ average accounts payable

where,  

Average accounts payable = (Opening balance of Accounts payable + ending balance of Accounts payable) ÷ 2

= ($48,000 + $40,000) ÷ 2

= $44,000

And, the total purchase is $418,000

Now put these values to the above formula  

So, the answer would be equal to  

= $418,000 ÷ $44,000

= 9.50 times

Landis received $90,000 cash and a capital asset (basis of $50,000, fair market value of $60,000) in a proportionate liquidating distribution. His basis in his partnership interest was $120,000 prior to the distribution. How much gain or loss does Landis recognize, and what is his basis in the asset received?a. $0 gain or loss; $30,000 basis.b. $0 gain or loss; $50,000 basis.
c. $0 gain or loss; $60,000 basis.
d. $20,000 gain; $50,000 basis.
e. $30,000 gain; $60,000 basis.

Answers

Answer:

a. $0 gain or loss; $30,000 basis.

Explanation:

Since the partnership is being liquidated, Landis doesn't have to recognize any gain or loss resulting from the liquidation because the cash amount that he is receiving is less than his partnership interest. The asset's basis = $120,000 - $90,000 (cash) = $30,000, regardless of its current market value or prior basis.

Refer to exhibit 5-5. If the airline charges a price that is between P1 and P2 for both aisle seats and middle seats, the result will beA. a surplus of middle seats and a shortage of aisle seats

B. a surplus of aisle seats and a shortage of middle seats

C. a shortage of middle seats and the equilibrium quantity of aisle seats

D. a shortage of aisle seats and the equilibrium quantity of middle seats

Answers

Answer:

The correct answer is option (D) A shortage of aisle seats and the     equilibrium quantity of middle seats

Explanation:

An aisle seat in a plane is one which is situated at the end of a row and is always adjacent to the aisle. It it mostly preferable to other seats in the plane.

The middle seat is situated at the middle position.

From the question, if the price for the aisle and middle seat are between P1 and P2, passengers will demand for the aisle seat first which will lead to a shortage in aisle seat. Only then will the middle seat be demanded for until it reaches equilibrium with the aisle set.

What are the key differences between using a deerskin as money and using a dollar bill as​ money?a. Using a deerskin as money incurs a much larger transactions cost because it is bigger and heavier than paper money.
b. Using a deerskin as money may not be as widely accepted as using paper money.
c. Using a deerskin as money cannot fulfill the key functions of​ money: a medium of​ exchange, a unit of​ account, a store of​ value, and a standard of deferred payment.
d. A and b only.
e. All of the above?

Answers

I guess the correct answers are A and B only

Using a deerskin as money may not be as widely accepted as using paper money.

Using a deerskin as money incurs a much larger transactions cost because it is bigger and heavier than paper money.

A paymеnt systеm is any systеm usеd tο sеttlе financial transactiοns thrοugh thе transfеr οf mοnеtary valuе, and includеs thе institutiοns, instrumеnts, pеοplе, rulеs, prοcеdurеs, standards, and tеchnοlοgiеs that makе such an еxchangе pοssiblе.

Social surplus is the​ ____________. A. total value from trade in a markettotal value from trade in a market. B. difference between the amount that buyers actually pay and what they wish to pay. C. excess of aggregate demand over aggregate supply. D. difference between consumer surplus and producer surplusdifference between consumer surplus and producer surplus.

Answers

Answer:

The correct answer is letter "A": total value from trade in a market.

Explanation:

Canadian economist Alex Tabarrok (born in 1966) explains social surplus as the sum of consumer surplus, producer surplus, and bystanders surplus. Tabarrok takes an integrative approach in consumer surplus by stating social surplus encompasses every economic trade in the market rather than only consumers and producers surplus.

Besides, Tabarrok believes when there are major external costs or benefits, the market will not reach its social surplus.

Final answer:

Social surplus is the combination of consumer surplus and producer surplus, taking into account the price that consumers are willing to pay based on their preferences, and the price that producers are willing to sell their product at, based on their costs.

Explanation:

The question asked here is: Social surplus is the​ ____________. The correct answer to this question is that social surplus is the sum of consumer surplus and producer surplus. This concept falls under economic principles. Consumer surplus is the difference between the price that consumers are willing to pay based on their preferences, and the actual market equilibrium price. On the other hand, producer surplus is the gap between the price at which producers are willing to sell a product, based on their costs, and the market equilibrium price. Combining both these surpluses gives the social surplus.

Learn more about Social Surplus here:

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An income statement for Alexander's Bookstore for the second quarter of the year is presented below: Alexander's Bookstore Income Statement For Quarter Ended June 30 Sales $ 1,000,000 Cost of goods sold 665,000 Gross margin 335,000 Selling and administrative expenses Selling $ 107,000 Administration 118,000 225,000 Net operating income $ 110,000 On average, a book sells for $50. Variable selling expenses are $4 per book with the remaining selling expenses being fixed. The variable administrative expenses are 3% of sales with the remainder being fixed. The contribution margin for Alexander's Bookstore for the second quarter is:

Answers

Answer:

Contribution margin= $225,000

Explanation:

Giving the following information:

Sales $ 1,000,000

Cost of goods sold 665,000

On average, a book sells for $50.

Variable selling expenses are $4 per book

The variable administrative expenses are 3% of sales

First, we need to calculate the number of units sold:

Units sold= 1,000,000/50= 20,000 units

Now, the total contribution margin:

Sales=  1,000,000

Cost of goods sold= (665,000)

Variable selling expenses= 4*20,000= (80,000)

Variable administrative expenses= (1,000,000*0.03)= 30,000

Contribution margin= $225,000
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Warr Company is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's projected IRR can be less than the WACC or negative, in both cases it will be rejected. Year 0 1 2 3 4 Cash flows -$1,300 $450 $450 $450 $450 14.16% 14.42% 15.31% 15.84% 16.23%
Prepare the issuer’s journal entry for each of the following separate transactions.a. On March 1, Atlantic Co. issues 44,000 shares of $5 par value common stock for $302,000 cash.b. On April 1, OP Co. issues no-par value common stock for $73,000 cash.c. On April 6, MPG issues 2,300 shares of $15 par value common stock for $42,000 of inventory, $150,000 of machinery, and acceptance of a $92,000 note payable.
A. The August 31 balance shown on the bank statement is $9,799. b. There is a deposit in transit of $1,247 at August 31. c. Outstanding checks at August 31 totaled $1,870. d. Interest credited to the account during August but not recorded on the company's books amounted to $115. e. A bank charge of $37 for checks was made to the account during August. Although the company was expecting a charge, the amount was not known until the bank statement arrived. f. In the process of reviewing the canceled checks, it was determined that a check issued to a supplier in payment of accounts payable of $625 had been recorded as a disbursement of $367. g. The August 31 balance in the general ledger Cash account, before reconciliation, is $9,356.Required: Prepare the adjusting journal entry that should be prepared to reflect the reconciling items.
An unfavorable flexible budget variance for variable expenses would indicate that: Group of answer choices the expenses of the company were less than what they had planned. more units were actually sold than the company had originally budgeted to sell. actual variable expenses were higher than the flexible budget variable expenses. fewer units were actually sold than the company had anticipated.