Which of the following capital budgeting techniques would allow management to justify investing in a project that could not be justified currently by using techniques that focus on expected cash flows?

Which of the following capital budgeting techniques would allow management to justify investing in a project that could not be justified currently by...

Andrew Corporation is evaluating a capital investment that would result in $30,000 higher contribution margin benefit with increased annual personnel costs of $20,000. In calculating the net present value of benefits and costs, income taxes would:

Andrew Corporation is evaluating a capital investment that would result in $30,000 higher contribution margin benefit with increased annual personnel...

As used in capital budgeting analysis, the internal rate of return uses which of the following items in its computation?

As used in capital budgeting analysis, the internal rate of return uses which of the following items in its computation? Net incremental investment...

A project's net present value, ignoring income tax considerations, is normally affected by the

A project's net present value, ignoring income tax considerations, is normally affected by the a. Proceeds form the sale of the asset to be replaced. b....

If an investment project has a profitability index of 1.15, then the

If an investment project has a profitability index of 1.15, then the a. Project's internal rate of return is 15%. b. Project's cost of capital is...

The capital budgeting technique known as accounting rate of return uses

The capital budgeting technique known as accounting rate of return uses Revenue over life of project / Depreciation expense. a. No / Yes b. No /...

When a firm finances each asset with a financial instrument of the same approximate maturity as the life of the asset, it is applying

When a firm finances each asset with a financial instrument of the same approximate maturity as the life of the asset, it is applying a. Working...

Which of the following risks relates to the possibility that a derivative might NOT be effective at hedging a particular asset?

Which of the following risks relates to the possibility that a derivative might NOT be effective at hedging a particular asset? a. Credit risk. b....

Which of the following techniques is used to value stock options?

Which of the following techniques is used to value stock options? a. Black-Scholes method. b. Zero-coupon method. c. Weighted-average method. d....

According to the expectations theory of the term structure of interest rates, if inflation is expected to increase, the yield curve is

According to the expectations theory of the term structure of interest rates, if inflation is expected to increase, the yield curve is a. Humped,...

According to the expectations theory, if the yield curve on the New York money market is upward sloping while that on the Tokyo money market is downward sloping, then inflation in

According to the expectations theory, if the yield curve on the New York money market is upward sloping while that on the Tokyo money market is downward...

The yield curve shown below implies that the

The yield curve shown below implies that the a. Credit risk premium of corporate bonds has increased. b. Credit risk premium of municipal bonds has...

The expected return of a portfolio is measured by the

The expected return of a portfolio is measured by the a. Variance. b. Weighted average. c. Standard deviation. d. Beta. Answer: ...

Probability (risk) analysis is

Probability (risk) analysis is a. Used only for situations involving five or fewer possible outcomes. b. Used only for situations in which the summation...

To assist in an investment decision, Gift Co. selected the most likely sales volume from several possible outcomes. Which of the following attributes would that selected sales volume reflect?

To assist in an investment decision, Gift Co. selected the most likely sales volume from several possible outcomes. Which of the following attributes...

The level of risk that concerns investors who supply capital to a diversified company is

The level of risk that concerns investors who supply capital to a diversified company is a. Project risk (beta) b. Pure play risk (beta). c. The standard...

Buff Co. is considering replacing an old machine with a new machine. Which of the following item is economically relevant to Buff's decision? (Ignore income tax consideration)

Buff Co. is considering replacing an old machine with a new machine. Which of the following item is economically relevant to Buff's decision? (Ignore...

How are the following used in the calculation of the internal rate of return of a proposed project? Ignore income tax considerations.

How are the following used in the calculation of the internal rate of return of a proposed project? Ignore income tax considerations. Residual sales...

Tam Co. is negotiating for the purchase of equipment that would cost $100,000, with the expectation that $20,000 per year could be saved in after-tax cash costs if the equipment were acquired. The equipment's estimated useful life is ten years, with no residual value, and would be depreciated by the straight-line method. Tam's predetermined minimum desired rate of return is 12%. Present value of an annuity of 1 at 12% for ten periods is 5.65. Present value of 1 due in ten periods at 12% is .322. In estimating the internal rate of return, the factors in the table of present values of an annuity should be taken from the columns closest to

Tam Co. is negotiating for the purchase of equipment that would cost $100,000, with the expectation that $20,000 per year could be saved in after-tax...

An organization is using capital budgeting techniques to compare two independent projects. It could accept one, both, or neither of the projects. Which of the following statements is true about the use of NPV and IRR methods for evaluating these two projects?

An organization is using capital budgeting techniques to compare two independent projects. It could accept one, both, or neither of the projects. Which...

For the next two years, a lease is estimated to have an operating net cash inflow of $7,500 per annum, before adjusting for $5,000 per annum tax basis lease amortization, and a 40% tax rate. The present value of an ordinary annuity of $1 per year at 10% for two years is 1.74. What is the lease's after-tax present value using a 10% discount factor?

For the next two years, a lease is estimated to have an operating net cash inflow of $7,500 per annum, before adjusting for $5,000 per annum tax basis...

Lin Co. is buying machinery it expects will increase average annual operating income by $40,000. The initial increase in the required investment is $60,000, and the average increase in required investment is $30,000. To compute the accrual accounting rate of return, what amount should be used as the numerator in the ratio?

Lin Co. is buying machinery it expects will increase average annual operating income by $40,000. The initial increase in the required investment is...

Tam Co. is negotiating for the purchase of equipment that would cost $100,000, with the expectation that $20,000 per year could be saved in after-tax cash costs if the equipment were acquired. The equipment's estimated useful life is ten years, with no residual value, and it would be depreciated by the straight-line method. Tam's predetermined minimum desired rate of return is 12%. The present value of an annuity of 1 at 12% for ten periods is 5.65. The present value of 1 due in ten periods at 12% is .322. Accrual accounting rate of return based on the initial investment is

Tam Co. is negotiating for the purchase of equipment that would cost $100,000, with the expectation that $20,000 per year could be saved in after-tax...

Which of the following is an advantage of the accounting rate of return method of evaluating investment returns?

Which of the following is an advantage of the accounting rate of return method of evaluating investment returns? a. The technique considers depreciation. b....

How is the discounted payback method an improvement over the payback method in evaluating investment projects?

How is the discounted payback method an improvement over the payback method in evaluating investment projects? a. It involves better estimates of...

The market price of a bond issued at a discount is the present value of its principal amount at the market (effective) rate of interest

The market price of a bond issued at a discount is the present value of its principal amount at the market (effective) rate of interest a. Less the...

A company has recently purchased some stock of a competitor as part of a long-term plan to acquire the competitor. However, it is somewhat concerned that the market price of this stock could decrease over the short run. The company could hedge against the possible decline in the stock's market price by

A company has recently purchased some stock of a competitor as part of a long-term plan to acquire the competitor. However, it is somewhat concerned...

Banner Electronics has subsidiaries in several international locations and is concerned about its exposure to foreign exchange risk. In countries where currency values are likely to fall, Banner should encourage all of the following EXCEPT

Banner Electronics has subsidiaries in several international locations and is concerned about its exposure to foreign exchange risk. In countries where...

Strobel Company has a large amount of variable rate financing due in one year. Management is concerned about the possibility of increases in short-term rates. Which of the following would be and effective way of hedging this risk?

Strobel Company has a large amount of variable rate financing due in one year. Management is concerned about the possibility of increases in short-term...

According to market segmentation theory, long-term interest rates are determined primarily by

According to market segmentation theory, long-term interest rates are determined primarily by a. Commercial banks. b. Savings institutions. c. Life...

The expected rate of return for the stock of Cornhusker Enterprise is 20%, with a standard deviation of 15%. The expected rate of return for the stock of Mustang Associates is 10%,m with a standard deviation of 9%. The riskier stock is

The expected rate of return for the stock of Cornhusker Enterprise is 20%, with a standard deviation of 15%. The expected rate of return for the stock...

A measure that describes the risk of an investment project relative to other investments in general is the

A measure that describes the risk of an investment project relative to other investments in general is the a. Coefficient of variation b. Beta coefficient c....

A market analyst has estimated the equity beta of Modern Home Inc. to be 1.4 This data implies that the company's

A market analyst has estimated the equity beta of Modern Home Inc. to be 1.4 This data implies that the company's a. Systematic risk is lower than...

Which of the following expresses the relationship between risk and return?

Which of the following expresses the relationship between risk and return? a. Inverse relationship b. Direct relationship c. Negative relationship d....

Which of the following is NOT a likely strategy for a firm in a purely competitive market?

Which of the following is NOT a likely strategy for a firm in a purely competitive market? a. Lean manufacturing. b. Supply chain management. c....

If the US dollar declines in value relative to the currencies of many of its trading partners, the likely result is that

If the US dollar declines in value relative to the currencies of many of its trading partners, the likely result is that a. Foreign currencies will...

The producer price index measures

The producer price index measures a. The price of a basket of commodities at the point of the first commercial sale. b. Price changes for all products...

If the Federal Reserve Board wanted to implement an expansionary monetary policy, which one of the following actions would the Federal Reserve Board take?

If the Federal Reserve Board wanted to implement an expansionary monetary policy, which one of the following actions would the Federal Reserve Board...

Which one of the following would not be included in the calculation of the gross domestic product (GDP)?

Which one of the following would not be included in the calculation of the gross domestic product (GDP)? a. Purchase of a new home. b. An automotive...

In macroeconomic terms, aggregate demand is the

In macroeconomic terms, aggregate demand is the a. Demand for money by the community in a period of full employment. b. Total expenditure on capital...

For a given level of tax collections, prices, and interest rates, a decrease in governmental purchases will result in a(n)

For a given level of tax collections, prices, and interest rates, a decrease in governmental purchases will result in a(n) a. Increase in aggregate...

Economic markets that are characterized by monopolistic competition have all of the following characteristics EXCEPT

Economic markets that are characterized by monopolistic competition have all of the following characteristics EXCEPT a. One seller of the product. b....

In a competitive market for labor in which demand is stable, if workers try to increase their wage

In a competitive market for labor in which demand is stable, if workers try to increase their wage a. Employment must fall. b. Government must set...

Which of the following measures of unemployment should be of LEAST importance to management when trying to predict the future state of the economy?

Which of the following measures of unemployment should be of LEAST importance to management when trying to predict the future state of the economy? a....

Which of the following is a defining characteristic of supply chain management?

Which of the following is a defining characteristic of supply chain management? a. Focuses on the sharing of information with suppliers and customers. b....

What percentage of the variation in quantity demanded is explained by price?

Yeager Corporation has used regression analysis to perform price elasticity analysis. In doing so management regressed the quantity demanded (y variable)...

Which of the following types of organizations would MOST likely engage in public relations type advertising?

Which of the following types of organizations would MOST likely engage in public relations type advertising? a. An airline b. A hotel chain. c. A...

Which of the following is not an important aspect of supply change management?

Which of the following is not an important aspect of supply change management? a. Information technology. b. Accurate forecasts c. Customer relations. d....

The market for product RK-25 is perfectly competitive. The current market price is $30, and the quantity demanded is 4 million. Due to changes in consumer tastes, a permanent increase in demand for RK-25 is expected in the near term. If nothing else changes in this market, which of the following would be the MOST feasible levels of short-term and long-term prices?

The market for product RK-25 is perfectly competitive. The current market price is $30, and the quantity demanded is 4 million. Due to changes in consumer...

Which of the following is NOT a means by which a firm might hedge the political risk of an investment in another country?

Which of the following is NOT a means by which a firm might hedge the political risk of an investment in another country? a. Insurance. b. Buy futures...

Simon Corp., a US company, has made a large sale to a French company on a 120-day account payable in euros. If management of Simon wants to Hedge the transaction risk related to a decline in the value of the euro, which of the following strategies would be appropriate?

Simon Corp., a US company, has made a large sale to a French company on a 120-day account payable in euros. If management of Simon wants to Hedge the...

Assume that the exchange rate of US dollars to euros is $1.80 to 1 euro. How much would a US company gain or lose if the company has a 10,000 euro receivable and the exchange rate went to $1.75 to 1 euro?

Assume that the exchange rate of US dollars to euros is $1.80 to 1 euro. How much would a US company gain or lose if the company has a 10,000 euro receivable...

Assume that the three-month forward rate for the euro is $1.367 and the spot rate is $1.364. What is the forward premium or discount on the euro?

Assume that the three-month forward rate for the euro is $1.367 and the spot rate is $1.364. What is the forward premium or discount on the euro? a....

Which of the following describes a pegged exchange rate?

Which of the following describes a pegged exchange rate? a. A currency rate that is tied to the US dollar. b. A currency rate with its value determined...

What is an appropriate response by an importing country for the payment of export subsidies by an exporting country?

What is an appropriate response by an importing country for the payment of export subsidies by an exporting country? a. Countervailing duties. b....

Which o the following is not a foreign exchange control that may be implemented by a country?

Which o the following is not a foreign exchange control that may be implemented by a country? a. Banning possession of foreign currency by citizens. b....

Assuming exchange rates are allowed to fluctuate freely, which one of the following factors would likely cause a nation's currency to appreciate on the foreign exchange market?

Assuming exchange rates are allowed to fluctuate freely, which one of the following factors would likely cause a nation's currency to appreciate on...

If the central bank of a country raises interest rates sharply, the country's currency will most likely

If the central bank of a country raises interest rates sharply, the country's currency will most likely a. Increase in relative value. b. Remain unchanged...

All of the following are true about international trade EXCEPT that

All of the following are true about international trade EXCEPT that a. The gains from international trade depend on specialization with comparative...

What factor explains the difference between real and nominal interest rates?

What factor explains the difference between real and nominal interest rates? a. Inflation risk. b. Credit risk. c. Default risk. d. Market risk. ...

The rate of unemployment caused by change in the composition of unemployment opportunities over time is referred to as the

The rate of unemployment caused by change in the composition of unemployment opportunities over time is referred to as the a. Frictional unemployment...

Which of the following is a tool of monetary policy that a nation's central bank could use to stabilize the economy during an inflationary period?

Which of the following is a tool of monetary policy that a nation's central bank could use to stabilize the economy during an inflationary period? a....

The federal budget deficit is the

The federal budget deficit is the a. Total accumulation of the federal government's surpluses and deficits. b. Excess state, local, and federal spending...

Which of the following instruments of monetary policy is the most important means by which the money supply is controlled?

Which of the following instruments of monetary policy is the most important means by which the money supply is controlled? a. Changing the reserve...

The Federal Reserve Board most directly influences a corporation's decision of whether or not to issue debt or equity financing when it revises the

The Federal Reserve Board most directly influences a corporation's decision of whether or not to issue debt or equity financing when it revises the a....

The money supply in a nation's economy will decrease following

The money supply in a nation's economy will decrease following a. Open-market purchase by the nation's central bank. b. A decrease in the discount...

Which of the following may provide a leading indicator of a future increase in gross domestic product?

Which of the following may provide a leading indicator of a future increase in gross domestic product? a. A reduction in the money supply b. A decrease...

If an increase in government purchases of goods and services of $20 billion causes equilibrium GDP to rise by $80 billion, and if total taxes and investment are constant, the marginal propensity to consume out of disposable income is

If an increase in government purchases of goods and services of $20 billion causes equilibrium GDP to rise by $80 billion, and if total taxes and investment...

What is the main factor that differentiates the short-run cost function from the long-run cost function?

What is the main factor that differentiates the short-run cost function from the long-run cost function? a. Nothing, the two functions are identical b....

The marginal revenue per unit when one worker is added to a team of 11 workers is

Number of workers / Total product units/ Average Selling price 10 / 20 / $50.00 11 / 25 / 49.00 12 / 28 / 47.50 The marginal revenue per unit when...

The marginal cost of producing the ninth unit is

The marginal cost of producing the ninth unit is a. $23.50 b. $23.75 c. $25.75 d. $33.75 Answer: ...

Using the arc method, the price elasticity of demand for this product when the price decreases from $40 to $35 is

As the price for a particular product changes, the quantity of the product demanded changes according to the following schedule: Total Quantity demanded...

Using the arc method, the price elasticity of demand for this product when the price decreases from $50 to $45 is

As the price for a particular product changes, the quantity of the product demanded changes according to the following schedule: Total Quantity demanded...

Wilson Corporation has a major competitor that produces a product that is a close substitute for Wilson's good. If the coefficient of cross-elasticity of demand for Wilson's product with respect to the competitor's product is 2.00 and the competitor decreases its price by 5%, what is the expected effect in demand for Wilson's product?

Wilson Corporation has a major competitor that produces a product that is a close substitute for Wilson's good. If the coefficient of cross-elasticity...

X and Y are substitute products. If the price of product Y increases, the immediate impact on product X is

X and Y are substitute products. If the price of product Y increases, the immediate impact on product X is a. Price will increase. b. Quantity demanded...

Which one of the following would cause the demand curve for a commodity to shift to the left?

Which one of the following would cause the demand curve for a commodity to shift to the left? a. A rise in the price of a substitute product. b....

Which of the following has the highest price elasticity coefficient

Which of the following has the highest price elasticity coefficient a. Milk b. Macaroni and cheese. c. Bread d. Ski boat Answer: ...

Demand for a product tends to be price inelastic if

Demand for a product tends to be price inelastic if a. The product is considered a luxury item. b. People spend a large percentage of their income...

Which of the following market features is likely to cause a surplus of a particular product?

Which of the following market features is likely to cause a surplus of a particular product? a. A monopoly b. A price floor c. c. A price ceiling d....

If both supply and the demand for a good increase, the market price will

If both supply and the demand for a good increase, the market price will a. Rise only in the case of an inelastic supply function b. Fall only in...

Which of the following is a computer test made to ascertain whether a given characteristic belongs to the group?

Which of the following is a computer test made to ascertain whether a given characteristic belongs to the group? a. Parity check. b. Validity check. c....

Which of the following input controls is a numeric value computed to provide assurance that the original value has NOT been altered in construction or transmission?

Which of the following input controls is a numeric value computed to provide assurance that the original value has NOT been altered in construction...

Which of the following MOST likely represents a hash total?

An entity has the following invoices in a batch: Invoice # / Product / Quantity / Unit price 201 / F10 / 150 / $5 202 / G15 / 200 / $10 203 / H20 /...

Preventing someone with sufficient technical skill from circumventing security procedures and making changes to production programs is BEST accomplished by

Preventing someone with sufficient technical skill from circumventing security procedures and making changes to production programs is BEST accomplished...

Minimizing the likelihood of unauthorized editing of production programs, job control language, and operating system software can BEST be accomplished by

Minimizing the likelihood of unauthorized editing of production programs, job control language, and operating system software can BEST be accomplished...

Output controls ensure that the results of computer processing are accurate, complete, and properly distributed which of the following is NOT a typical output control?

Output controls ensure that the results of computer processing are accurate, complete, and properly distributed which of the following is NOT a typical...

Almost all commercially marketed software is

Almost all commercially marketed software is Copyrighted / Copy protected a. Yes / Yes b. Yes / No c. No / Yes d. No / no Answer: ...

A company is concerned that a power outage or disaster could impair the computer hardware's ability to function as designed. The company desires off-site backup hardware facilities that are fully configured and ready to operate within several hours. The company MOST likely should consider a

A company is concerned that a power outage or disaster could impair the computer hardware's ability to function as designed. The company desires off-site...

Which of the following is not one of the five principles of COBIT 5?

Which of the following is not one of the five principles of COBIT 5? a. Meeting stakeholder needs. b. Business processes. c. Covering the enterprise...

Many of the Web 2.0 applications rely on an XML-based application that facilitates the sharing and syndication of web content, by subscription, which of the applications below represents this XML application?

Many of the Web 2.0 applications rely on an XML-based application that facilitates the sharing and syndication of web content, by subscription, which...

Securing client/server system is a complex task because of all of the following factors EXCEPT:

Securing client/server system is a complex task because of all of the following factors EXCEPT: a. The use of relational databases. b. The number...

In traditional information systems, computer operators are generally responsible for backing up software and data files on a regular basis. In distributed or cooperative systems, ensuring that adequate backups are taken is the responsibility of

In traditional information systems, computer operators are generally responsible for backing up software and data files on a regular basis. In distributed...

Which of the following risks is NOT greater in an electronic funds transfer (EFT) environment than in a manual system using paper transactions?

Which of the following risks is NOT greater in an electronic funds transfer (EFT) environment than in a manual system using paper transactions? a....

In a computerized system, procedure or problem-oriented language is converted to machine language through a(n)

In a computerized system, procedure or problem-oriented language is converted to machine language through a(n) a. Interpreter. b. Verifier. c. Compiler. d....

Where disk files are used, the grandfather-father-son updating backup concept is relatively difficult to implement because the

Where disk files are used, the grandfather-father-son updating backup concept is relatively difficult to implement because the a. Location of information...

Several language interfaces exist in a database management system. These typically include a data definition language (DDL), a data control language (DCL), a data manipulation language (DML), and a database query language (DQL). What language interface would a database administrator use to establish the structure of database tables?

Several language interfaces exist in a database management system. These typically include a data definition language (DDL), a data control language...

The 2nd generation programming language that is generally specific to a computer architecture (i.e., it is not portable) is

The 2nd generation programming language that is generally specific to a computer architecture (i.e., it is not portable) is a. Binary b. Assembly...

Another term for cloud-based storage is

Another term for cloud-based storage is a. RAID b. Solid state storage c. Analog. d. Storage-as-a-Service. Answer: ...

Analysis of data in a database using tools which look for trends or anomalies without knowledge in advance of the meaning of the data is referred to as

Analysis of data in a database using tools which look for trends or anomalies without knowledge in advance of the meaning of the data is referred to...

Which computer application is most frequently used to analyzes numbers and financial information?

Which computer application is most frequently used to analyzes numbers and financial information? a. Computer graphics programs. b. WAN applications. c....

Which of the following system implementation models has the advantage of achieving a full operational test of the new system before it is implemented?

Which of the following system implementation models has the advantage of achieving a full operational test of the new system before it is implemented? a....

Samco Inc. is in the process of designing a new customer relations system. In which phase of the development life-cycle would a need assessment MOST likely be performed?

Samco Inc. is in the process of designing a new customer relations system. In which phase of the development life-cycle would a need assessment MOST...

The systems Development Life Cycle (SDLC) is the traditional methodology for developing information systems. In which phase of the SDLC would the activity of identifying the problem(s) that need to be solved MOST likely occur?

The systems Development Life Cycle (SDLC) is the traditional methodology for developing information systems. In which phase of the SDLC would the activity...

An "office suite" of software is LEAST likely to include a(n)

An "office suite" of software is LEAST likely to include a(n) a. Database b. Operating system. c. Spreadsheet. d. Word processing. Answer:&nbs...

For the accounting system of Acme Company, the amounts of cash disbursements entered into a terminal are transmitted to the computer that immediately transmits the amounts back to the terminal for display on the terminal screen. This display enables the operator to

For the accounting system of Acme Company, the amounts of cash disbursements entered into a terminal are transmitted to the computer that immediately...

The use of a header label in conjunction with magnetic tape is most likely to prevent errors by the

The use of a header label in conjunction with magnetic tape is most likely to prevent errors by the a. Computer operator. b. Keypunch operator. c....

Which of the following activities would most likely be performed in the information systems department?

Which of the following activities would most likely be performed in the information systems department? a. Initiation of changes to master records. b....

Which of the following security controls would best prevent unauthorized access to sensitive data through an unattended data terminal directly connected to a mainframe?

Which of the following security controls would best prevent unauthorized access to sensitive data through an unattended data terminal directly connected...

Which of the following are essential elements of the audit trail in an EDI system?

Which of the following are essential elements of the audit trail in an EDI system? a. Network and sender/recipient acknowledgements. b. Message directories...

Which of the following is an essential element of the audit trail in an EDI system?

Which of the following is an essential element of the audit trail in an EDI system? a. Disaster recovery plans that ensure proper backup of files. b....

Which of the following statements is correct concerning the security of messages in an EDI system?

Which of the following statements is correct concerning the security of messages in an EDI system? a. When the confidentiality of data is the primary...

Which of the following statements is correct concerning internal control in an EDI system?

Which of the following statements is correct concerning internal control in an EDI system? a. Preventive controls generally are more important than...

In a large organization, the biggest risk in not having an adequately staffed information center help desk is

In a large organization, the biggest risk in not having an adequately staffed information center help desk is a. Increased difficulty in performing...

Which of the following is a password security problem?

Which of the following is a password security problem? a. Users are assigned passwords when accounts are created, but do NOT change them. b. Users...

In building an EDI system, what process is used to determine which elements in the entity's computer system correspond to the standard data elements?

In building an EDI system, what process is used to determine which elements in the entity's computer system correspond to the standard data elements? a....

Which of the following is an example of how specific controls in a database environment may differ from controls in a non database environment?

Which of the following is an example of how specific controls in a database environment may differ from controls in a non database environment? a....

Which of the following is a network node that is used to improve network traffic and to set up as a boundary that prevents traffic from one segment to cross over to another?

Which of the following is a network node that is used to improve network traffic and to set up as a boundary that prevents traffic from one segment...

Which of the following is usually a benefit of transmitting transactions in an electronic data interchange environment?

Which of the following is usually a benefit of transmitting transactions in an electronic data interchange environment? a. A compressed business cycle...

Which of the following statements MOST likely represents a disadvantage for an entity that keeps microcomputer-prepared data files rather than manually prepared files?

Which of the following statements MOST likely represents a disadvantage for an entity that keeps microcomputer-prepared data files rather than manually...

Which of the following statements is correct concerning internal control when a client is using an electronic data interchange system for its sales?

Which of the following statements is correct concerning internal control when a client is using an electronic data interchange system for its sales? a....

Which of the following is considered a component of a local area network?

Which of the following is considered a component of a local area network? a. Program flowchart. b. Loop verification c. Transmission media. d. Input...

Which of the following would an auditor ordinarily consider the greatest risk regarding an entity's use of electronic data interchange?

Which of the following would an auditor ordinarily consider the greatest risk regarding an entity's use of electronic data interchange? a. Authorization...

Which of the following statements is correct regarding the Internet as a commercially viable network?

Which of the following statements is correct regarding the Internet as a commercially viable network? a. Organizations must use firewalls if they...

The internal auditor is reviewing a new policy on electronic mail. Appropriate elements of such a policy would include all of the following EXCEPT:

The internal auditor is reviewing a new policy on electronic mail. Appropriate elements of such a policy would include all of the following EXCEPT: a....

Which of the following is likely to be a benefit of EDI?

Which of the following is likely to be a benefit of EDI? a. Increased transmission speed of actual documents. b. Improved business relationships with...

The use of message encryption software

The use of message encryption software a. Guarantees the secrecy of data. b. Requires manual distribution of keys. c. Increase system overhead. d....

A company using EDI made it a practice to track the functional acknowledgements from trading partners and to issue warning messages if acknowledgements did not occur within a reasonable length of time. What risk was the company attempting to address by this practice?

A company using EDI made it a practice to track the functional acknowledgements from trading partners and to issue warning messages if acknowledgements...

When developing a new computer system that will handle customer orders and process customer payments, a high-level systems design phase would include determination of which of the following?

When developing a new computer system that will handle customer orders and process customer payments, a high-level systems design phase would include...

Laptop computers provide automation outside of the normal office location. Which of the following would provide the LEAST security for sensitive data stored on a laptop computer?

Laptop computers provide automation outside of the normal office location. Which of the following would provide the LEAST security for sensitive data...

The network most frequently used for private operations designed to link computers within widely separated portions of an organization is referred to as a(n)

The network most frequently used for private operations designed to link computers within widely separated portions of an organization is referred to...

A computer that is designed to provide software and other applications to other computers is referred to as a

A computer that is designed to provide software and other applications to other computers is referred to as a  a. Microcomputer b. Network computer. c....

Mill Co. uses a batch processing method to process its sales transactions. Data on Mill's sales transaction tape are electronically sorted by customer number and are subjected to programmed edit checks in preparing its invoices, sales journals, and updated customer account balances. One of the direct outputs of the creation of this tape MOST likely would be a

Mill Co. uses a batch processing method to process its sales transactions. Data on Mill's sales transaction tape are electronically sorted by customer...

Able Co. uses an online sales order processing system to process its sales transactions. Able's sales data are electronically sorted and subjected to edit checks. A direct output of the edit checks MOST likely would be a

Able Co. uses an online sales order processing system to process its sales transactions. Able's sales data are electronically sorted and subjected to...

Misstatement in a batch computer system caused by incorrect programs or data may NOT be detected immediately because

Misstatement in a batch computer system caused by incorrect programs or data may NOT be detected immediately because a. Errors in some transactions...

All of the following are methods for distributing a relational database across multiple servers EXCEPT:

All of the following are methods for distributing a relational database across multiple servers EXCEPT: a. Snapshot (making a copy of the database...

User acceptance testing is more important in an object-oriented development process than in a traditional environment because of the implications of the

User acceptance testing is more important in an object-oriented development process than in a traditional environment because of the implications of...

User making database queries often need to combine several tables to get the information they want. One approach to combining tables is known as

User making database queries often need to combine several tables to get the information they want. One approach to combining tables is known as a....

The wireless input device that is used for inventory control and similar to bar-codes technology but does not require line-of sight access is

The wireless input device that is used for inventory control and similar to bar-codes technology but does not require line-of sight access is a. MICR. b....

What type of secondary storage device requires no moving parts for read/write operations?

What type of secondary storage device requires no moving parts for read/write operations? a. Magnetic tape. b. Compact discs. c. Solid State Drives. d....

Which term below describes the technology that allows multiple operating systems to run simultaneously on a single computer?

Which term below describes the technology that allows multiple operating systems to run simultaneously on a single computer? a. Client. b. Mainframe. c....

Most current computers process data using which of the following formats?

Most current computers process data using which of the following formats? a. Analog. b. Digital. c. Memory enhanced. d. Organic Answer: ...

Which of the following is LEAST likely to be considered an advantage of a database?

Which of the following is LEAST likely to be considered an advantage of a database? a. Easy to store large quantities of information. b. Easy to retrieve...

Which of the following compiles a complete translation of a program in a high-level computer language before the program is run for the first time?

Which of the following compiles a complete translation of a program in a high-level computer language before the program is run for the first time? a....

Which of the following is an example of application software that a large client is most likely to use

Which of the following is an example of application software that a large client is most likely to use a. Enterprise resource planning b. Operating...

MIPS stands for

MIPS stands for a. Memory in protocol standards. b. Millions of instructions per second. c. Mitigating individualistic personnel standards. d. Multiple...