An auditor for Ralco Accounting firm was auditing the financial statements of E-prise. The auditor suspected that E-prise was engaged in illegal activity. Under the Securities Exchange Act of 1934, the auditor is required to notify E-prise's board of directors of the suspicions
Indicate whether the statement is true or false
True
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The accounting department at Aglaya Telecom records an average of 8,000 transactions per hour and have a recovery time objective of 240 minutes. Aglaya recently suffered a hardware malfunction and it took the company 16 hours to recover their lost data. How many transactions did Aglaya recover?
A) 52,000 transactions. B) 5,200 transactions. C) 32,000 transactions. D) 3,200 transactions.
Label each item below as relevant or irrelevant in making a decision
a) Cost of roof repair made on rental property last year b) The cost of insurance on a new vehicle when deciding to buy a new vehicle c) Cost of new equipment under evaluation to replace used equipment d) Original cost of old equipment that is being evaluated for replacement e) Cost of previous year's insurance policy on old equipment being evaluated for replacement f) Accumulated depreciation on old equipment being evaluated for replacement