The precaution of prohibiting employees from bringing personal computing devices into a facility is procedural type of security control.
What are procedural security controls?
Procedural controls builds a framework for validating and maintaining the computer system and for ensuring that users can understand how to use the system. Procedural controls basically take the form of standard operating procedures and user manuals.
Why is procedural security important?
Procedure security measures are important to improving security and preventing escapes as it allows risks to be addressed and dealt with appropriately.
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Answer:
the opportunity cost is in the case when you choose to go to the movies is $20
Explanation:
The computation of the opportunity cost is in the case when you choose to go to the movies is shown below:
= Earning per hour × number of hours
= $10 × 2 hours
= $20
Hence, the opportunity cost is in the case when you choose to go to the movies is $20
Quick ratio is 1.47.
Company A uses the FIFO method to account for inventory and Company B uses the LIFO method. The quick ratio is an indicator of a company’s short-term liquidity position and measures a company’s ability to meet its short-term obligations with its most liquid assets.
Gross Profit 72000 67000
Operating expenses and interest expense 56000 53000,
Pretax Income 2200014000
Income Tax 3000 4000
Net Income 14000 10000
Balance sheet Year? Year
cash 4000 7000
Accounts Receive ab 114000 18000
Taventory 40000 34000,
Property & Equipment 45000 36000
Total Assets 302000 97000
Current Liabilities ‘i6000 4.7000
Long term Liabilities 5000 45000
Common stock 30000 30000
Retained Earnings 1120005000
Total Liabilities & Stock holders equity 10300037000,
L. Current Ratio = Current Assets / Current Liabilities
Year? Year
Current Ratio 36347
2.Quick Ratio
‘Current Assets - Inventory / Current Liabilities
Year? Year
Quick Ratio is 1.47
2.Profit Margin = Net profit /Sales
Year? Year
Profit Margin 737% 5.99%
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Answer:
$8,000
Explanation:
Data provided in the question:
cost of machine = $33,000
Estimated residual value = $3,000
Estimated useful life = 3 years
Estimated useful life in terms of production = 60,000 units
Total units produced in year 1 = 16,000
Now,
Rate of annual depreciation with respect to units produced
= [ Cost - Salvage value ] ÷ Estimated useful life in terms of production
= [ $33,000 - $3,000 ] ÷ 60,000
= $0.5 per unit
Therefore,
Depreciation expense for the year 1
= Rate of annual depreciation × Total units produced in year 1
= $0.5 per unit × 16,000 units.
= $8,000
Answer:
A. $80
B. $795
C. $0
Explanation:
Only expenses that can be directly attributed to the business are deductible.
Personal expenses will not be deductible.
A. Here the only deductible amount is the legal fees of $80. The speeding will not be charged to the business because it was as a result of personal negligence. The legal fees affect the business because the speeding related to a business asset.
B. Only the amount paid to reserve a spot will be deductible because it relates to expenses for the business to make profit. The money she spent on her children is a personal expense.
C. There is no deductible here. These activities were of a personal nature and in no way related to the operations of the business of operating the food truck.