Give an example of a virtual and a nonvirtual real-time scenario.
What will be an ideal response?
Answers will vary, but might list one of these: A virtual real-time scenario would be a video conference, GoToMeeting, Skype, and instant messaging. Examples of nonvirtual real-time scenarios would be face-to-face communication and phone calls.
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Inherent and control risks are risk controlled by the auditor
a. True b. False Indicate whether the statement is true or false
Define and contrast digital certificate and digital signature
When you go to a store and ask “How much are those jeans?” money is performing which function?
a. medium of exchange b. portability c. measure of relative worth d. durability e. store of value
Which of the following reflects a dominant trend in regards to immigrant workers in national economies?
a. Advanced economies are seeing highly skilled people from developing countries migrate to pursue more lucrative opportunities than their home country can offer b. Middle skilled workers are migrating in huge numbers outpacing both low skilled and high skilled worker migration c. Advanced economies are recruiting skilled workers but only for a few very specialized industries d. More highly skilled workers are becoming mobile in order to gain greater experience in their field