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NEW QUESTION: 1
A retail entity maintains a markup of 25 % based on cost. The entity has the following information for the current year:

Beginning inventory was:
A. US $40,000
B. US $85,000
C. US $265,000
D. US $110,000
Answer: B
Explanation:
Cost of goods sold equals beginning inventory, plus purchases including freight-in minus ending inventory. Given that sales reflect 125% of cost, cost of goods sold must equal US $720,000$900.000 sales Consequently the beginning inventory must been US $85,000$720,000 CGS $80,000 E- $690,000 purchases - $25,000 freight-in)

NEW QUESTION: 2
Which choice below is a role of the Information Systems Security
Officer?
A. The ISO establishes the overall goals of the organization's computer security program.
B. The ISO is responsible for following security procedures and reporting security problems.
C. The ISO is responsible for day-to-day security administration.
D. The ISO is responsible for examining systems to see whether they are meeting stated security requirements.
Answer: C
Explanation:
Answer "The ISO establishes the overall goals of the organization's computer security program" is a responsibility of senior management. Answer "The ISO is responsible for examining systems to see whether they are meeting stated security requirements" is a description of the role of auditing. Answer "The ISO is responsible for following security procedures and reporting security problems" is the role of the user, or consumer, of security in an organization.

NEW QUESTION: 3
What is the default user workload class that is created for each database table?
A. DEFAULT_USER
B. SYSUSERDEFAULTWLM
C. SYSDEFAULTUSERWORKLOAD
D. SYS_DEFAULT_USER_WORKLOAD
Answer: C