Explain why reduced security is an outsourcing risk
Information outsourced to off-shore IT vendors raises unique and serious questions regarding internal control and the protection of sensitive personal data. When corporate financial systems are developed and hosted overseas, and program code is developed through interfaces with the host company's network, US corporations are at risk of losing control of their information. To a large degree US firms are reliant on the outsourcing vendor's security measures, data-access policies and the privacy laws of the host country.
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Indicate whether the statement is true or false a. True b. False
The standard term of a limited liability company is:
A. 30 years. B. 20 years. C. 25 years. D. 15 years.
Socialism is an economic system that encourages privatization and believes that all enterprises should be publicly owned.
Answer the following statement true (T) or false (F)
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Indicate whether the statement is true or false