Public key cryptography is used to
A. encrypt messages
B. authenticate messages
C. append digital signatures
D. all of the choices are correct
Answer: D
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A decline in relative product and service quality means that actual product or service quality has declined
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. One of the ways that nonprofit organizations differ from for-profit corporations is their type of stakeholders. 2. One source of nonprofit management literature comes from academics at universities. 3. Nonprofit organizations are less well managed than businesses. 4. The beginning of management as a field of study dates approximately to the late 19th century. 5. Most small businesses fail within the first 2 years of business.
Your firm's debt ratio is only 5.00%, but the new CFO thinks that more debt should be employed. She wants to sell bonds and use the proceeds to buy back and retire common shares so the percentage of common equity in the capital structure (wc) = 1 - wd. Other things held constant, and based on the data below, if the firm increases the percentage of debt in its capital structure (wd) to 60.0%, by how much would the ROE change, i.e., what is ROENew - ROEOld? Do not round your intermediate calculations. Operating Data Other Data Capital$150,000 Old wd5%ROIC = EBIT (1 - T)/Capital20.00% Old interest rate10%Tax rate35% New wd60% New interest rate12%?
A. 14.95% B. 19.17% C. 17.59% D. 21.64% E. 14.42%
Assume that $800,000 in damages are awarded to a plaintiff, and the CPA's percentage of responsibility established at 20%, while others are responsible for the other 80%. Assume the others have no financial resources. As a result the CPA has been required to pay the entire $800,000. The auditor's liability is most likely based upon which approach to assessing liability?
A. Contributory negligence. B. Absolute liability. C. Joint and several liability. D. Proportional liability.