The less available the enterprise's information infrastructures, the more open they are to attack
Indicate whether the statement is true or false
FALSE
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If a balance sheet is prepared between the date of declaration and date of payment, dividends payable accounts are reported as current liabilities
a. True b. False Indicate whether the statement is true or false
Activity analysis allows managers to
a. classify activities so that processes can be eliminated. b. devise ways to minimize or eliminate non-value-added activities. c. evaluate process performance to gain competitive advantages. d. all of the above.
Imagine a European manufacturer wants to introduce its digital thermostats to the U.S. market. The thermostats are designed to reduce power usage and save energy. What are the two basic channel structures it can use? Briefly describe the advantages and disadvantages of each method.
What will be an ideal response?
American Savings and Loan Association (American) held a first deed of trust on certain income?producing property. The deed of trust had a "due?on?sale" clause. American permitted several transfers without requiring an increase in the interest rate
due on the underlying obligation. Mr. Witter was one of the transferees of the property and he had defaulted on the American deed of trust as well as on a second deed of trust held by Mr. Master (Mr. Witter's seller). American permitted Master to foreclose with the understanding that after Master acquired title to the property, there would be no increase in interest rates for a limited period during which Master would dispose of the property. Master failed to inform American that when he acquired title, he entered into an agreement with Mr. Medovi and carried a second deed of trust on the property. Medovi's broker, Mr. Glick, carried a third deed of trust on the property. When American discovered Master's action, it told Medovi he could assume the loan provided the interest rate was increased to market levels. Medovi refused to pay, and American commenced foreclosure. Did American act properly? Why or why not?