Hackers and their companion viruses are an increasing problem, especially on the Internet. What are the most important measurers for a firm to take to protect itself from this? Is full protection feasible? Why or why not?

What will be an ideal response?


For protection, a company must institute good security measures, which will include firewalls, investigation of personnel to be hired, physical and software security and controls, antivirus software, and internal education measures. These measures are best put in place at the time the system is designed, and careful attention paid to them. A prudent company will engage in disaster protection measures, frequent updating of security software, and frequent auditing of all security measures and of all data upon which the company depends. Full protection may not be feasible in light of the time and expenses involved, but a risk analysis can provide insights into which areas are most important and vulnerable. These are the areas to protect first.

Business

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a. True b. False Indicate whether the statement is true or false

Business

When a parent uses the equity method throughout the year to account for its 80% investment in an acquired subsidiary, which of the following statements is false at the date immediately preceding the date on which adjustments are made on the consolidated worksheet?

A. Parent company total assets equals consolidated total assets. B. Goodwill is not recorded on the parent's books C. Parent company dividends equals consolidated dividends. D. Parent company retained earnings equals consolidated retained earnings. E. Parent company net income equals controlling interest in consolidated net income.

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"Blips" in the data that follow no discernible pattern are referred to as

A) trend B) random variations C) seasonality D) cycles E) stationary variations

Business

The Sherman Act does not apply unless sales between two or more states are involved

Indicate whether the statement is true or false

Business