Name the growing online, internal communications vehicles and briefly describe how each is used
What will be an ideal response?
• Blogs: an easy channel for employees to post opinions and views of the company on the Internet
• Podcasts: audio or video monologues, interviews, or on-location content broadcast to employees
• Video: video libraries allow employees to search for videos, comment, tag, and upload their own as a means of sharing information and knowledge
• Mobile: employees use their personal devices for work-related communication
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Which of the following is true of the internal control component—information system?
A) Internal auditors monitor company controls to safeguard assets, and external auditors monitor the controls to ensure that the accounting records are accurate. B) Control procedures are designed to ensure that the business's goals are achieved. C) Only authorized users have access to various parts of the information system. D) The information system is the "tone at the top" or the culture of the business.
Which of the following statements is FALSE?
A. Bond agreements often contain covenants that restrict the ability of management to pay dividends B. The stronger the covenants in the bond contract, the less likely an issuer will default on the bond and so the lower the interest rate investors will require to buy the bond C. If a bond issuer fails to live up to any covenant, the issuer goes into bankruptcy immediately D. Covenants are restrictive clauses in a bond contract that limit the issuer from taking actions that may undercut its ability to repay the bonds