The sender the uses public key of the recipient in ________
A) public key encryption for confidentiality
B) public key encryption for authentication
C) Both A and B
D) Neither A nor B
Answer: A
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In order to evaluate a company's gross profit ratio,
a. the ratio should be compared with forecasted financial statements. b. the ratio should be compared with those of prior years. c. the ratio should be compared with other companies in the same industry. d. the ratio should be compared with those of both prior years and competitors.
A classified balance sheet:
A. Measures a company's ability to pay its bills on time. B. Reports operating, investing, and financing activities. C. Organizes assets and liabilities into important subgroups that provide more information. D. Broadly groups items into assets, liabilities and equity. E. Reports the effect of profit and dividends on retained earnings.
Answer the following statements true (T) or false (F)
1. For a merchandising company, the budgeted total sales equals the expected number of units sold multiplied by the budgeted selling price per unit 2. The inventory, purchases, and cost of goods sold budget determines cost of goods sold for the budgeted income statement, and ending Merchandise Inventory for the budgeted balance sheet. 3. For a merchandising company, budgeted purchases equals cost of goods sold plus beginning merchandise inventory minus ending merchandise inventory. 4. Keeping merchandise inventory at the maximum level that meets the needs of providing goods to customers, with turning over the merchandise inventory efficiently, helps reduce inventory storage costs, insurance costs, and warehousing costs.
The "fight back" technique refers to
a. learning to cope with the lack of things you are accustomed to such as central heating or air conditioning. b. making disparaging remarks about the culture you are visiting during the second stage of cultural shock. c. developing behaviors of drinking or drug use during the second stage of cultural shock. d. the third phase of cultural shock when you begin to accept the new culture.