Bernie wants to go into the business of construction contracting. Among the reasons that would probably convince Bernie to set up his business as a sole proprietorship would be
A. its greater flexibility.
B. its limited liability.
C. its perpetual existence.
D. the ease of transferring the business to other family members.
Answer: A
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Which of the following is not a task of systems implementation?
a. complete the design contained in the approved systems design document b. write, test, and document the programs and procedures required by the approved systems design document c. complete the preparation of user manuals d. determine, by thoroughly testing the system with programmers, that the system satisfies the programmer's requirements
Both federal and state laws spell out the specifics of cyber crime. Which of the following statements is true of these laws?
A. Accessing the services of a commercial service provider without paying fees is a crime. B. A corporation is not liable for the online activities of its employees. C. Only an individual may face liability based on the use of electronic communication; corporations are out of their purview. D. Altering data stored in another person's computer is not considered illegal.
You recently were promoted to a new position and are very excited, but you have little to no experience with numerous aspects of the new position. According to the situational model, your level of development is ______.
A. S4 B. D1 C. S1 D. D4
Which of the following statements applies to the capital asset pricing model?
a. It assumes that individual securities are priced solely on unsystematic risk. b. It uses beta to represent unsystematic risk of individual securities. c. It assumes that if the rate of return on an individual security is greater than the market average, systematic risk of the security must be smaller. d. It assumes that if beta equals 1, the systematic risk of an individual security is equal to the average risk of the market as a whole.