The Sarbanes-Oxley Act has not stopped the occurrence of fraud, and additional guidance with regard to internal controls is expected to be issued

Indicate whether the statement is true or false


True

Business

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Technologies that allow people to share files, review message threads, and work on documents simultaneously are known as what?

A) Virtual offices B) Shared workspace C) Cloud computing D) Social intranets E) Collaboration platforms

Business

Classification information is considered most sensitive and, therefore, should appear at the very end of the questionnaire

Indicate whether the statement is true or false

Business

After concept development, a firm would engage in which stage of developing and marketing a new product?

A) idea screening B) marketing strategy C) business analysis D) product development E) test marketing

Business

The cost of an asset is $1,000,000, and its residual value is $290,000. Estimated useful life of the asset is five years. Calculate depreciation for the first year using the double-declining-balance method of depreciation

A) $284,000 B) $400,000 C) $200,000 D) $142,000

Business