Frazier Electric keeps a paper copy of business records at the company's headquarters. The company also has two back-up copies of business records stored in electronic files
The electronic files are kept in the event the paper records are damaged or destroyed. The back-up files illustrate which of the following risk control techniques?
A) loss prevention
B) loss reduction
C) diversification
D) duplication
Answer: D
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Which of the following is a distinct advantage of using technology in organizations?
A. With the advent of technology, employees are seldom required to be trained or retrained. B. Information and services can be provided on demand to customers and a worldwide customer base can be developed. C. Staying on top of competition with technology is relatively inexpensive and cost-effective. D. By adopting superior technology, organizations do not face any challenges during a low-unemployment period.
Which is true?
A. Service Level Agreements are only used with external service desks; internal service desks do not need them. B. Service Level Agreements outline the services that the service desk will provide to the customers; Customer Agreements outline the customer's responsibilities. C. Service Level Agreements spell out the services the service desk will provide to the customer, the customer's responsibilities, and how the service performance will be measured. D. Customers write Service Level Agreements to ensure that they include all services they want supported and the corresponding time frames for that support.
Forner, Inc., manufactures and sells two products: Product Z1 and Product Z8. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: EstimatedExpected ActivityActivity Cost PoolsActivity MeasuresOverhead CostProduct Z1Product Z8TotalLabor-relatedDLHs$112,1906002,0002,600Machine setupssetups 40,4405007001,200Order sizeMHs 609,7703,0003,2006,200 $762,400 The activity rate for the Labor-Related activity cost pool under activity-based costing is closest to:
A. $43.15 per DLH B. $80.88 per DLH C. $635.33 per DLH D. $57.77 per DLH
Petrelli creates an ordinary power of attorney granting the power to Mohinder to make financial decisions on his behalf. Petrelli is injured in an accident and falls into a coma. The doctors are unsure if Petrelli will recover
a. the ordinary power of attorney is terminated as a matter of law by Petrelli' s incapacity. b. the ordinary power of attorney is operational and it is a good thing that Petrelli thought to create it. c. an ordinary power of attorney gives Mohinder the right to make health care decisions on Petrelli's behalf. d. Petrelli should have created a living will to give Mohinder the power to make business and financial decisions while he is incapacitated.