In terms of the history of United States patent laws, distinguish between the "first-to-invent" system and the "first-to-file" system.
What will be an ideal response?
For most of its history, the United States based its patent laws on a "first-to-invent" system, which meant that patentability was determined by the state of the art at the time the process or product was invented. However, beginning in 2013, the United States, pursuant to the America Invents Act, joined the rest of the world by switching to a "first-to-file" system. Patent protection generally runs for a period of 20 years, although design patents are protected for 14 years.
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Answer the following statement true (T) or false (F)
Consumers often use the prices of ________ items, such as a can of Coke, to form an overall impression of the store's prices.
A. point-of-purchase B. benchmark C. stoplight D. value-based E. loss-leader
Which of the following statements is least likely to be true about a data warehouse?
a. It is constructed for quick searching and ad hoc queries. b. It was an original part of all ERP systems. c. It contains data that are normally extracted periodically from the operating databases. d. It may be deployed by organizations that have not implemented an ERP.
An IT auditor expresses an opinion on the fairness of the financial statements
Indicate whether the statement is true or false