A cold site backup approach is also known as
a. internally provided backup
b. recovery operations center
c. empty shell
d. mutual aid pact
C
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A bond sinking fund is reported as an investment on a corporation's balance sheet
Indicate whether the statement is true or false
Which of the following is not true of the maintenance cycle?
A) A standard is set based on prior improvements, which locks in these improvements. B) Actions are taken after the standard is set. C) The results of the actions are checked to ensure that performance conforms to the new level. D) If the performance does not conform to the new level, nothing else can be done. E) All of these are true.
_______________________ bargaining occurs when unions are pressured to agree to wage and benefit reductions, and/or elimination of certain work rules.
Fill in the blank(s) with the appropriate word(s).
Which of the following statements best describes the post-audit function in the capital budgeting process?
A. The post-audit should be performed before a purchase decision is made for a new capital budgeting project. B. The post-audit is a fairly simple process, primarily because it is easy to separate the operating results of one project from those of other related projects. C. The post-audit involves comparing the actual results of previous capital budgeting decisions with the forecasted results to identify and explain any differences. D. The results of a post-audit generally can be used to develop future cash flow forecasts for new capital budgeting projects that are 100 percent accurate. E. Because it is quite expensive to perform, the post-audit should always be considered a voluntary part of the capital budgeting process.