RAID addresses the access component of security

Indicate whether the statement is true or false


TRUE

Business

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Superior Sales Company offers warranties on all its electronic goods. Warranty expense is estimated at 3.5% of sales revenue. In 2018, Superior had sales of $333,000. In the same year, Superior replaced defective goods with merchandise inventory costing $8,750. Prepare the journal entry to record the warranty expense. Omit explanation.

What will be an ideal response?

Business

Answer the following statements true (T) or false (F)

1. Tom is a human resource intern for a staffing agency. One day, Tom get a call from a client requesting that they send "white only" applicants. Tom's boss does not want to lose the client because times are tough and profits are tight. He tells him to follow the customer's request, even though he knows it violates equal employment opportunity laws. After considerable thought, Tom decides complying with his boss' instructions to place profits before equal opportunity violates his personal code of ethics and quits. Tom's ethical values illustrate the ethics of virtue. 2. The departments of Justice and State, as well as anti-trafficking groups, estimate there are about 27 million people worldwide in modern-day slavery. Considering the various theories of ethics, modern-day slavery is an example of an extreme violation of the ethics of liberty. 3. Jenna is a new recruiter for a large staffing agency. Her trainer has told her to let candidates know that they will "get back to them" within two weeks of a interview date. Jenna notices, however, that the staffing agency rarely lives up to this promise and often never gets back to candidates. Jenna finds this unethical - she knows that if she were the candidate, she would not want to be lied to. Jenna's ethical analysis illustrates the ethics of duty. 4. Forcing individuals to use themselves or their property against their will is an immoral act according to the ethical framework of virtue.

Business

Beta coefficient is an index that measures the degree of movement of an asset's return in response to a change in the market return

Indicate whether the statement is true or false

Business

The type of business ownership that accounts for over 70 percent of all the businesses in the United States, and over $1 trillion in total revenue is the _________________________.

Fill in the blank(s) with the appropriate word(s).

Business