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Accounting Expert Answers & Study Resources : Page 143

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  Learning Objective 1-1 1) Accounting is the information system that measures business activities, processes the information into reports, and communicates the results to decision makers. 2) Accounting is referred to as the language of business because it is the method of communicating business information to stakeholders. 3) Managerial accounting focuses on information for.

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  •   Learning Objective 1-1 1) Accounting the information system that measures business
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15) The Sarbanes-Oxley Act (SOX) made it a criminal offense to: A) transfer shares of stock. B) issue debentures. C) declare bankruptcy. D) falsify financial information. 16) Which of the following organizations requires publicly owned companies to be audited by independent accountants (CPAs)? A) Securities and Exchange Commission (SEC) B) Public Company Accounting Oversight Board (PCAOB) C) Financial.

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  • 15) The Sarbanes-Oxley Act (SOX) made it a criminal offense
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21) A(n) ________ card has a microchip on it that is loaded with identifying data. A) USB B) biometric C) smart D) encryption 22) ________ use(s) personal physical characteristics such as fingerprints, facial features, and retinal scans to verify users. A) Passwords B) Smart cards C) Biometric authentication D) Personal identification numbers 23) ________ is the process.

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  • 21) A(n) ________ card has a microchip it that loaded
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11) The size and structure of the development group depends on whether programs are developed in-house. 12) A technical writer writes program documentation, help-text, procedures, job descriptions, and training materials. 13) Small-scale project managers and large-scale project managers do the same jobs, but on projects with varying complexity. 14) A user support representative.

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  • 11) The size and structure of the development group depends
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  Multiple Choice 1) ________ is defined as a group of people working together to achieve a common goal via a process of feedback and iteration. A) Cooperation B) Groupthink C) Collaboration D) Brainstorming 2) Which of the following is true of collaboration? A) Iterations should be avoided for the smooth functioning of the collaborative process. B) Group members.

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  •   Multiple Choice 1) ________ defined as a group of people working
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  Multiple Choice 1) An employee carelessly releases proprietary data to the media. This is a case of ________. A) loss of infrastructure resulting from human error B) unauthorized data disclosure resulting from human error C) loss of infrastructure resulting from malicious activity D) unauthorized data disclosure resulting from malicious activity 2) Which of the.

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  •   Multiple Choice 1) An employee carelessly releases proprietary data to the
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11) Technical safeguards include passwords and encryption. 12) Technical safeguards involve just the software components of an information system. 13) Smart cards are convenient and easy to use since they don't require a PIN number for authentication. 14) A criticism against biometric authentication is that it provides weak authentication. 15) Most secure communication over.

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  • 11) Technical safeguards include passwords and encryption. 12) Technical safeguards involve
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11) What is the first and most fundamental collaborative purpose? A) make decisions B) become informed C) manage projects D) solve problems 12) ________ decisions are those that support day-to-day activities, such as how many widgets to order from a particular vendor. A) Managerial B) Critical C) Strategic D) Operational 13) ________ decisions are decisions about the allocation and utilization.

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  • 11) What the first and most fundamental collaborative purpose? A) make
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31) ________ is an example of a data safeguard against security threats. A) Application design B) Backup and recovery C) Accountability D) Procedure design 32) Organizations should protect sensitive data by storing it in ________ form. A) digital B) standardized C) encrypted D) authenticated 33) Because encryption keys can be lost or destroyed, a copy of the key should be.

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  • 31) ________ an example of a data safeguard against security
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11) Which of the following is a liability account? A) Accounts Receivable B) Cash C) Building D) Notes Payable 12) Which of the following is an asset account? A) Wages Payable B) Notes Payable C) Unearned Revenue D) Accounts Receivable 13) A customer's promise to pay in the future for services or goods sold is called a(n): A) Accounts Receivable. B) Accounts.

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  • 11) Which of the following a liability account? A) Accounts Receivable B)
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13) Managerial accounting provides information to: A) internal decision makers. B) outside investors and lenders. C) auditors. D) taxing authorities. 14) Which of the following statements best defines financial statements? A) Financial statements are the information systems that record monetary and nonmonetary business transactions. B) Financial statements are the verbal statements made to business news organizations by.

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  • 13) Managerial accounting provides information to: A) internal decision makers. B) outside
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