Explain the necessary password etiquette to be followed by the users of an information system
What will be an ideal response?
Once users create a strong password, they need to protect it with proper behavior. Proper password etiquette is one of the marks of a business professional. Users should never write down their password, and should not share it with others. They should never ask others for their passwords. If, in a work-related or emergency situation, someone asks for the password, users are advised not to give it out. Instead, it is better for the user to get up, go over to that person's machine, and enter the password. Users should be present while their password is in use, and should ensure that their account is logged out at the end of the activity.
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Which of the following statements is false regarding U.S. GAAP versus IFRS financial statement presentation?
a. U.S. GAAP does not require the presentation of a classified balance sheet. b. IFRS requires the classification of assets and liabilities as current and noncurrent. c. If a range of values is available for reporting an outcome in a loss contingency, U.S. GAAP requires a company to report the high end of the range as a probable outcome. d. If a range of values is available for reporting an outcome in a loss contingency, IFRS requires a company to record the mid-point of the range as a probable outcome.
International trade tends to be complete, rather than partial, when which of the following occurs?
a. constant opportunity cost b. increasing opportunity cost c. negative opportunity cost d. positive opportunity cost
A company purchased a tract of land for its natural resources at a cost of $1,000,000. It expects to harvest 5,000,000 board feet of timber from this land. The salvage value of the land is expected to be $200,000. The depletion expense per board foot of timber is:
A. $0.20. B. $0.04. C. $0.24. D. $0.16. E. $0.75.
Deleon trespasses on Capital Corporation's property. Through the use of reasonable force, Capital's security guard Brenda detains Deleon until the police arrive. Capital is most likely liable for
A. abuse of process. B. false imprisonment. C. trespass to personal dignity. D. none of the choices.