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Degger [83]
3 years ago
8

How have technological Innovations Increased risks in business organizations!

Business
2 answers:
NeTakaya3 years ago
8 0

Answer:

Businesses are more susceptible to information leakages as a result of technological inventions.

They also have to spend more money in the purchase of technologies that might be expensive to maintain.

Explanation:

1. Business organizations carry out a lot of activities that center on information sharing. The advent of technologies comes with risks from hackers who might want to intrude in the information of the company. When the system is compromised, customers can be disappointed and important and sensitive information may be lost to attackers or competing organizations that might fund such attacks. This will impose an information risk to the company.

2. The purchase of new technologies come at a high price. Personnel conversant with the use and operation of these technologies may be hard to find and might require training to be effective in the use of these machines. These machines can easily fall into disuse when they are not properly maintained. This will impose a financial risk to the company.

Andre45 [30]3 years ago
6 0

Answer:

Businesses are more susceptible to information leakages as a result of technological inventions.

They also have to spend more money in the purchase of technologies that might be expensive to maintain.

Explanation:

Hope this helps

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What piece of information is most helpful when you're comparing investments?
padilas [110]
The ROI percentages 

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3 0
3 years ago
An architecture firm earned earned $1520 for architecture services provided with the fee to be paid in the future. No entry was
GaryK [48]

Answer:

Revenue is understated by $1520

Profit is understated by $1520

Accounts receivable is understated by $1520

Retained earnings is understated by $1520

Explanation:

The guideline on recognition of revenue is accrual basis of accounting, which is that revenue is recognized when it has been earned, in other words when the business has discharged its obligation to the other party by a way of delivering goods or services to clients.

Specifically,by not recording an adjusting for the $1520 revenue earned but not yet received,the revenue for the period would be understated by $1520 as well as profit for the year.

Also,asset,accounts receivable would also be understated by $1520 including retained earnings at the end of the year

8 0
3 years ago
The following information is available for Department X for the month of August: Work in process, August 1: Materials $ 8,480 Co
Triss [41]

Answer:

a) $8.00

Explanation:

Beginning work in progress, conversion             $15,900

Conversion costs incurred during period             $26,500

Total costs to account for                                     $42,400

Cost per equivalent unit for conversion = $42,400/5,300

                                                                  = $8.00

Therefore, Department X's cost per equivalent unit for conversion costs using the weighted average method would be $8.00

5 0
3 years ago
If a country increases the amount of goods it imports but its exports remain unchanged:
yarga [219]
<span>a) AD shifts left. since we would be spending more but not making more</span>
6 0
3 years ago
The cyclical deficit:________ A. is not affected by changes in actual income or potential income. B. rises as the economy expand
IceJOKER [234]

Answer:

B. rises as economy expands, falls as economy contracts.

Explanation:

Deficit is the excess of government expenditures over government revenues.

Cyclical Deficit is interconnected to the Business Cycle phases of : Expansion, Peak, Recession, Depression, Trough, Recovery.

During growth stages of Business Cycle: Expansion or Recovery - this deficit falls because; there is more economic/ business activity & so more taxes receipts for govt & less govt expenditure on social support transfer payments (eg subsidies) to support public.

During declining stages: Recession or Depression - this deficit rises because; there is less economic/ business activity & so less taxes receipts for govt & more govt expenditure on social support transfer payments (eg subsidies) to support public.

8 0
4 years ago
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