New IT security technology

A) Is usually worth the investment
B) Is less vulnerable to cyberattacks
C) May create vulnerabilities and risks to confidential data contained in the accounting system
D) Are usually reliable enough to adequately safeguard accounting data

Answer: C

Business

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The service level is the probability that the inventory available during the lead time will meet the demand

Indicate whether this statement is true or false.

Business

On January 1, Butte Company's Valuation Allowance for Trading Investments account has a debit balance of $23,200 . On December 31, the cost of the trading securities portfolio was $80,000 . The fair value was $98,000 . Which of the following would Butte report on the income statement for the current year?

a. an unrealized loss on trading investments, $5,200 b. an unrealized gain on trading investments, $5,200 c. an unrealized gain on trading investments, $18,000 d. an unrealized loss on trading investments, $18,000

Business