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NEW QUESTION: 1
Total risk equals:
A. Systematic plus un systemic risk
B. Systematic plus non-diversifiable risk
C. Market plus non diversifiable risk
D. Unique plus diversifiable risk
Answer: A

NEW QUESTION: 2
Selected data pertaining to Lore Co. for the calendar year 20X4 is as follows:

The accounts receivable turnover for 20X4 was 5.0 times. What were Lore's 20X4 net credit sales?
A. $110,000
B. $105,000
C. $107,000
D. $210,000
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "A" is correct. The accounts receivable turnover ratio equals net credit sales divided by average
accounts receivable. 5.0 = net credit sales / [($20,000 + $22,000)/2]. Net credit sales equal $105,000.
Choice "B" is incorrect. The accounts receivable turnover ratio equals net credit sales divided by average
accounts receivable.
Choice "C" is incorrect. The accounts receivable turnover ratio equals net credit sales divided by average
accounts receivable, not by year-end accounts receivable.
Choice "D" is incorrect. The accounts receivable turnover ratio equals net credit sales divided by average
accounts receivable, not by the sum of beginning and ending accounts receivable.

NEW QUESTION: 3
Which of the following could be classified as ROT Data?
A. Operational records that need to be retained
B. Records data hidden in piles of unstructured data
C. Trivial data that has no value to the company or the user
D. High-value company information that needs to be identified
Answer: C
Explanation:
The IBM@ Legacy Data Cleanup solution improves information economics through the clean up of redundant, obsolete and trivial (ROT) data. It can remediate regulated data according to personally identifiable information (PII), payment card industry (PCI), Health Insurance Portability and Accountability Act (HIPPA) and human resources policies and improve the security of data with high-business value. The Legacy Data Cleanup solution helps organizations increase the value derived from data while reducing the costs and risks associated with managing it.
Reference:http://www-03.ibm.com/software/products/en/legacy-data-cleanup