Lora Jones is a security expert hired by a Manhattan-based law firm to perform a formal risk assessment of the firm's data assets
Which of the following steps should she undertake first in order to assess the firm's readiness to face any potential security breaches?A) understanding which information assets need protection
B) evaluating controls and filling in security gaps
C) predicting future risks and devising strategies to prevent them
D) recovering existing assets from damage
A
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The use of debt financing creates financial leverage
Indicate whether the statement is true or false
Guiseppe's restaurant is valued at $182,000. The shop is insured for $130,000. Guiseppe has an 80% coinsurance policy, and they have a fire which causes $150,000 in damage. How much will Guiseppe have to personally pay for damages?
Gdss
A) require a small number of attendees in order to maintain high levels of productivity. B) enable increasing a meeting size without reducing productivity. C) include specific procedures for priority ranking the order in which participants can respond. D) utilize shared desktop computers to foster collaboration. E) are designed specifically for decision making by people working as a group in the same location.
Gunes Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 800 units. The costs and percentage completion of these units in beginning inventory were: Cost PercentCompleteMaterials costs$10,600 65% Conversion costs$12,800 30% A total of 8,500 units were started and 7,400 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: CostMaterials costs$142,100 Conversion costs$359,500 The ending inventory was 50% complete with respect to materials and 35% complete with respect to conversion costs.What are the equivalent units for conversion costs for the month in the
first processing department? A. 7,400 B. 8,065 C. 665 D. 9,300