The BEST description of an Incident is:
A. An unplanned disruption of service unless there is a backup to that service
B. An unplanned interruption to service or a reduction in the quality of service
C. Any disruption to service whether planned or unplanned
D. Any disruption to service that is reported to the Service Desk, regardless of whether the service is impacted or not
Answer: B. An unplanned interruption to service or a reduction in the quality of service
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Assume that the financial markets are in equilibrium. Information on three particular stocks is provided in the table below. Find the risk free rate and the expected return on the market portfolio
Asset Expected Return Beta A 7.6% 0.2 B 12.4% 0.8 C 15.6% 1.2 A) 5%, 14% B) 5%, 18% C) 6%, 14% D) 6%, 18% E) 7%, 16%
U.S. GAAP and IFRS distinguish between revenues and expenses on the one hand and gains and losses on the other. Which of the following is/are not true?
a. Revenues and expenses result from the recurring, primary operating activities of a business. b. Income items include the ordinary, recurring operating activities of the firm. c. Gains and losses result from either peripheral activities or nonrecurring activities. d. The reporting of revenues and expenses are at gross amounts, and firms report gains and losses at net amounts. e. Gains and losses result from the recurring, primary operating activities of a business.