What are the four advantages of using a data flow approach over narrative explanations of data movement?
What will be an ideal response?
1. Freedom from committing to the technical implementation of the system too early
2. Further understanding of the interrelatedness of systems and subsystems
3. Communicating current system knowledge to users through data flow diagrams
4. Analysis of a proposed system to determine if the necessary data and processes have been defined
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Which of the following is an example of a physical control to safeguard assets?
a. Hiring only trustworthy cashiers. b. Separation of duties. c. Locks on the warehouse doors. d. Safety audits on the production-line.
What forms the core of transformational leadership?
a. inspiration b. transactions c. soft power d. intellectual stimulation
Grant Technologies needs $300,000 to pay its supplier. Grant's bank is offering a 210-day simple interest loan with a quoted interest rate of 11 percent and a 20 percent compensating balance requirement. Assuming there are 360 days in a year and Grant currently holds no funds at the lending bank, what is the annual percentage rate (APR) of the loan?
A. 8.02% B. 14.14% C. 11.00% D. 13.75% E. 12.55%
Main Street Lenders, Inc., attempts to coerce Nolan¾who specializes in determining the value of real and personal property¾into misstating the value of a property on which a loan is to be issued. This is
A. a legal and ethical¾but morally arguable¾financial ploy. B. a legal¾but unethical¾business practice. C. a necessary tactic to generate a profitable loan in today's market. D. a violation of the law.