Cloud-based hosting is preferred by organizations that are required by law to have physical control over their data

Indicate whether the statement is true or false


FALSE

Business

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If the length of downtime increases, the cost incurred decreases

Indicate whether the statement is true or false

Business

Which of the following is the most important goal that a corporation should strive for?

A) maximize market share B) maximize revenue C) maximize shareholder wealth D) maximize current profits

Business

To ensure adequate liquidity for a rainy day fund, you should keep those funds in

A) high quality stocks. B) municipal bonds to minimize federal taxes. C) money market fund accounts. D) gold since it can be a storehouse of value.

Business

Houston has found conflicting authorities that address a research question for one of his clients. The majority of the authorities provide a favorable answer for his client. Nonetheless, there are several authorities that provide an unfavorable answer. Houston estimates that if the client takes the more favorable position on its tax return there is approximately a 60 percent chance that the position will be sustained upon audit or judicial proceeding. If the client takes this position on its tax return, will Houston be subject to penalty? Will the client potentially be subject to penalty?

What will be an ideal response?

Business