Which of the following is true of cloud computing?

A. It discourages collaboration among employees and business partners.
B. It leads to a low processing speed.
C. It allows lower costs and excess capacity to its users.
D. It decreases data security.


Answer: C

Business

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Elaine has heard a disturbing rumor from Tori, who heard it from Chantelle. Supposedly, Colleen, an entry-level administrative worker, was working late when the company president came by her desk and asked her out for a drink. She declined politely and would have let the matter go if he had not proceeded to start massaging her shoulders, at which point she left quickly. As a member of top management, Elaine knows the company president well, and from her experience, he seems to be a happily married man who in any case would never do something so unprofessional and inappropriate. Given her role in the company, Elaine should

A. go straight to the company president, inform him of the story that is going around, and be prepared to take any action he deems appropriate. B. do nothing, since she knows the company president to be a church-going family man who could not conceivably do anything so inappropriate. C. arrange a round-table discussion with Tori, Chantelle, and Colleen, so as to find out who said what to whom and where the story originated. D. talk to Colleen first, and if she confirms the story, go to the company president; but if she denies it, then Elaine should talk to each of the people who spread the rumor. E. arrange a meeting with the company president to discuss the organizational sexual harassment policy, then use this as an opportunity to talk about the rumor.

Business

On April 1, Year 1, Raines Co. purchased and placed a plant asset in service. The following information is available regarding the plant asset:



Make the necessary adjusting journal entries at December 31, Year 1, and December 31, Year 2 to record depreciation for each year under the double-declining balance depreciation method:

Business

Erik is the president and owner of Watch Out, a local website development company that helps clients create and build unique websites. Many of his daily tasks are heavily technical in nature and require a high level of computer programming and Internet knowledge. Which of the following would Erik primarily use when performing his daily tasks?

A. Source code B. Brick-and-mortar C. Information reach D. Explicit knowledge

Business

LIBOR is

A) a resource used in production. B) an interest rate paid on Eurodollar loans in the London market. C) an interest rate paid by European firms when they borrow Eurodollar deposits from U.S. banks. D) the interest rate paid by the British government on its long-term bonds.

Business