Creating a BCP in the U.S. requires:
A) inventorying all desktop PCs, but not laptops.
B) keeping files on magnetic tape.
C) identifying interdependencies between critical business processes and business units.
D) following Federal Rules of Civil Procedure.
C
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Interest expense on a mortgage would be classified on a multistep income statement under the heading
A) general and administrative expenses. B) selling expenses. C) cost of goods sold. D) other revenue and expenses.
Auto Loans R Them loans you $24,000 for four years to buy a car. The loan must be repaid in 48
equal monthly payments. The annual interest rate on the loan is 9 percent. What is the monthly payment? A) $543.79 B) $563.82 C) $597.24 D) $500.92
The Halloween Super Store is only open from September until November, usually in an otherwise vacant store. This is an example of a _____.
A. temp store B. m-commerce C. convenience retailing D. Pop-up shop E. flash store
Marion Manufacturing had the following cash flows for the current year. The company uses the direct method in preparing the statement of cash flows. Cash receipts from issuance of stock$60,000 Bonds payable issued at face value 250,000 Cash dividends received from long-term investments 4,500 Cash paid for wages 20,000 Cash paid for dividends 5,000 Cash received from customers 42,500 Cash paid for other operating expenses 19,500 Cash paid to purchase equipment 100,000 What is the net cash provided by (used in) investing activities?
A. $210,000 B. ($95,000) C. $205,000 D. ($100,000)