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NEW QUESTION: 1
When identifying legal and regulatory issues affecting information security, which of the following would represent the BEST approach to developing information security policies?
A. Incorporate policy statements provided by regulators
B. Develop a compliance risk assessment
C. Develop policies that meet all mandated requirements
D. Create separate policies to address each regulation
Answer: C
Explanation:
Explanation/Reference:
Explanation:
It will be much more efficient to craft all relevant requirements into policies than to create separate versions. Using statements provided by regulators will not capture all of the requirements mandated by different regulators. A compliance risk assessment is an important tool to verify that procedures ensure compliance once the policies have been established.

NEW QUESTION: 2
Siegel, Inc. has issued bonds maturing in 15 years but callable at any time after the first 8 years. The bonds have a coupon rate of 6%, and are currently trading at $992 per $ 1,000 par value. If interest rates decline over the next few years:
A. the price of the bond will increase, but probably by less than a comparable bond with no embedded option.
B. the call option embedded in the bonds will increase in value, but the price of the bond will decrease.
C. the price of the bond will increase, primarily as a result of the increasing value of the call option.
Answer: A

NEW QUESTION: 3
Consider an online voucher created with transaction and payment currency as USD. Base currency of the AP business unit is INR. The voucher is posted and is paid completely. There is an exchange rate (USD to INR) difference between the voucher invoice date and payment date. Keeping the primary ledger in view, to which account does the payment posting process post the monetary amount difference between Accrual DST and Payment CAS accounts?
A. TXL (Translation Loss)/TXG (Translation Gain)
B. RXL (Realized Loss)/RXG (Realized Gain)
C. STSO (Settof)
D. UXL (Unrealized Loss)/UXG (Unrealized Gain)
E. RSA (Rounding Suspense Account)
Answer: A

NEW QUESTION: 4
Under the Revised Model Business Corporation Act, a dissenting stockholder's appraisal right generally
applies to which of the following corporate actions?

A. Option D
B. Option C
C. Option B
D. Option A
Answer: D
Explanation:
Choice "a" is correct. "Yes-Yes."
Rule: Shareholders who are dissatisfied with the terms of a merger, consolidation or sale of assets are
permitted to compel the corporation to buy their shares at fair market value. This is known as the right of
appraisal or the dissenting right.
Rule: A short-form merger is when a parent mergers a 90% or more owned subsidiary into the parent. In
this case, only the shareholders of the subsidiary have dissenting rights.
Choices "b", "c", and "d" are incorrect, per the above rules.