Why would an IS manager request an IS development project?
A) To help meet the organization's goals
B) To move to a new operating environment
C) To provide a new service to customers
D) To gain needed information
B
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A company had net sales of $813,100 and cost of goods sold of $574,920. Its net income was $31,070. The company's gross margin ratio equals:
A. 36.0% B. 41.4% C. 26.1% D. 25.5% E. 29.3%
Identify a true statement about the Federal Sentencing Guidelines for Organizations.
A. They were updated in 2004 to include references to both compliance programs and "ethics and compliance" programs. B. They are used to provide arbitrary punishments. C. They assign most federal crimes to one of 57 "offense levels." D. They were updated in 2004 and excluded the requirement that organizations periodically measure the effectiveness of their programs.
In most bailments, the bailee can retain the goods given by the bailor and return equivalent property
Indicate whether the statement is true or false
Which of the following individuals is involved in a trade or business? I.Lil owns a farm near Lafayette, Indiana. She leases the property to Cal, who operates the farm for himself. Lil receives 10% of Cal's net income as part of the lease agreement but has no responsibilities for the farming operation.II.Lorraine owns a warehouse located in Brooklyn NY. She paid $250,000 for the real estate several years ago. It is now appraised at over $1,000,000, but she still uses the building only to store her painting collection.?
A. Only statement I is correct. B. Only statement II is correct. C. Both statements are correct. D. Neither statement is correct.