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s344n2d4d5 [400]
3 years ago
5

As the information security officer at your organization, you are concerned that a vendor with access to your purchasing applica

tion might become compromised and act as a vector through which your systems may be attacked. You want to establish a vendor risk management process. You would most likely engage all of the following groups EXCEPT:_________
a. Procurement
b. Human Resources
c. Legal
d. Vendor Management
Business
1 answer:
JulsSmile [24]3 years ago
4 0

Answer:

Human resources

Explanation:

As an information security officer, I need to establish a vendor risk management process. I will have to engage

Procurement - because that department is directly involved in purchasing and dealing with vendors.

Legal - as I am looking to implement a risk management process, a legal department will help out defining the policy and to avert any lawsuits or government systems

Vendor Management - Because that group is directly dealing with vendors for their registration and other processes.

Human resource is not engaged because we are not looking for new manpower for HR to hire / recruit which makes them irrelevant.

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On January 1, 2011, Deuce Inc. acquired 15% of Wiz Co.'s outstanding common stock for $62,400 and categorized the investment as
cricket20 [7]

Answer:

$30,000

Explanation:

Calculation for the amount of equity income to reported

Using this formula

Equity income=[(Amount earned in 2012×(Outstanding common stock percentage +Additional percentage of Wiz)]

Let plug in the formula

Equity income = [($120,000 ×(15%+ 10%)]

Equity income = ($120,000 ×25%)

Equity income= $30,000

Therefore the amount of equity income to reported for 2012 will be $30,000

6 0
3 years ago
A corporation is:_________
NemiM [27]

Answer: A business legally separate from its owners.

Explanation:

A corporation is an organization which is seen legally as being separate from the owner(s). Legally, a corporation is seen as being on its own and therefore can: obtain loans, be Sue, pay taxes etc.

6 0
3 years ago
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During January of Year 6, Doe Corp. agreed to sell the assets and product line of its Hart division. The sale was completed on J
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Answer:

Doe Corp. must report a $850,000 net gain during year 7, and a $600,000 net loss for year 6.

Revenue must be recognized when the earnings process is reasonably completed and Doe finished the sale of its assets on January 15, Year 7, therefore the $900,000 revenue has to be included in that year's income statement.

7 0
3 years ago
2. What are some ways you should categorize your financial documents (choose all that apply)
drek231 [11]

Answer:

<h2><u>Credit Card Statements</u></h2><h2><u>Tax Returns </u></h2><h2><u>Bank Statements</u></h2>

Explanation:

<em>Hope this helps :)  </em>

<em>Pls make brainliest :3  </em>

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4 0
3 years ago
Smith has applied overhead of $73,000 and actual overhead of $87,600 for the month of November. It applies overhead based on dir
oee [108]

Answer:

Estimated direct labor hours= 180,000

Explanation:

Giving the following information:

Overhead for the year was estimated to be $900,000.

Smith has applied overhead of $73,000

It applies overhead based on direct labor hours and those equaled 14,600 in November.

We have to reverse engineer the allocation method for manufacturing overhead.

First, we need to calculate the estimated overhead rate:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

73,000= Estimated manufacturing overhead rate*14,600

$5= Estimated manufacturing overhead rate

Estimated manufacturing overhead rate= $5 per direct labor hour

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3 years ago
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