An accounting information system (AIS) processes ________ to provide users with ________

A) data; information
B) data; transactions
C) information; data
D) data; benefits

A

Business

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When should a business continuity or disaster plan be updated?

A. Annually B. Biannually C. Semiannually D. Upon any significant change to the organization, such as asset acquisition or release

Business

The named insured leaves a suitcase filled with clothing on the seat of his unattended, unlocked automobile. The loss is valued at $900 replacement cost and a depreciated value of $700. The HO-3 contract has a $200 deductible on Section I

How much will the HO-3 contract pay for this loss? A) $0 (because the clothing was in an automobile) B) $700 C) $500 D) $0 (because the automobile was unlocked)

Business