A(n) _________ is a weakness in an asset or group of assets that can be exploited by one or more threats

What will be an ideal response?


vulnerability

Business

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When cost is greater than market value, it is considered a loss due to holding inventory

a. True b. False Indicate whether the statement is true or false

Business

You are working with your client to determine the degrees of importance among three dimensions that you have decided to investigate. You and your client are brainstorming to decide how to label the degrees of importance. Which option is an inappropriate one to use?

a. Important (1) – Very important (2) – Most important (3) b. Not important (1) – Important (2) – Very important (3) c. Less important (1) – More important (2) d. Somewhat important (1) – Very important (2) – Extremely important (3)

Business

On January 1, the Rodrigues Corporation leased some equipment on a 3-year lease, paying $15,000 at the inception of the lease, and $15,000 per year each December 31. The lease is considered to be an operating lease. Prepare the general journal entry to record the first lease payment on December 31.

What will be an ideal response?

Business

What type of background check involves calling references to verify previous employers and dates of employment?

A. driving record verification B. education history verification C. criminal history verification D. work history verification

Business