Which of the following is a characteristic of an inter-enterprise information system?
A. It does not require users to have any formal training.
B. Its problem solutions affect multiple organizations.
C. It is flexible and easily adaptable to organizational changes.
D. It increases data duplication among departments.
E. It supports 10-100 users.
Answer: B
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The advantages of generalized audit software include all of the following except:
A. it is easy to use. B. the time to develop the application is usually short. C. it involves auditing while the data are being processed (real-time). D. an entire population can be examined in some instances.
Selected information from a company's balance sheet follows: Long-term debt $ 140 Retained earnings 130 Current assets 275 Property, plant, and equipment 160 Common stock 530 Current liabilities 75 Working capital is
A) $250 B) $230 C) $220 D) $200
Sly includes in his song "Sneaky" a few seconds of Wily's copyrighted sound recording "Wits" without permission. Some federal courts have found that such digital sampling is
a. a violation of copyright law. b. a "fair use" exception to the provisions of the act. c. not a "fair use" exception to the provisions of the act. d. all of the choices.
A(n) __________ is defined under the 1933 Act as any person who has purchased from an issuer with a view to, or offers or sells for an issuer in connection with, the distribution of any security
a. investment banker b. underwriter c. dealer d. secondary seller