Of the various forms of standardized RAIDs, which two are the most commonly implemented?
A) RAIDs 1 and 2
B) RAIDs 3 and 5
C) RAIDs 1 and 5
D) RAIDs 2 and 5
C
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____________________ are assets whose physical substance consists of natural resources that are consumed in the operation of the business
Fill in the blank(s) with correct word
What is a potential successor auditor's responsibility for communicating with the predecessor auditors when dealing with a prospective new client?
A. The successor auditors have no responsibility to contact the predecessor auditors. B. The successor auditors need not contact the predecessors if the successors are aware of all available relevant facts. C. The successor auditors should contact the predecessors regardless of whether the prospective client authorizes contact. D. The successor auditors should obtain permission from the prospective client to contact the predecessor auditors.
Eccles Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system:Costs:? Wages and salaries$268,000?Depreciation 205,000?Utilities 159,000?Total$632,000??Distribution of resource consumption:Activity Cost Pools AssemblySetting UpOtherTotalWages and salaries60%25%15%100%Depreciation30%25%45%100%Utilities20%45%35%100%How much cost, in total, would be allocated in the first-stage allocation to the Assembly activity cost pool?
A. $379,200 B. $241,433 C. $126,400 D. $254,100
Information about a company's operating capability may be helpful to external users in
A. assessing the uncertainty of its future cash flows. B. evaluating the timing of cash flows in the near future. C. evaluating the efficiency with which the company uses its resources to generate revenue. D. assessing a return of investment as well as a return on investment.