Expenditures from a petty cash fund are documented by a petty cash receipt.
a. True
b. False
Indicate whether the statement is true or false
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Q. 2) This logs and monitors who is on or trying to access an organization's network.
a. biometrics
b. electronic vaulting
c. intrusion detection systems (IDS)
d. firewall
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Q. 3) Lockwood Corporation had 1,523,000 in total assets, 758,000 in total liabilities, and 765,000 in stockholders' equity. Interest expense for the period was 151,350. Income from operations was 380,750. Calculate the debt-to-equity ratio.
Round your answer to the nearest tenth of a percent.
What will be an ideal response?
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Q. 4) A sales ticket is a document created as evidence of a sale in a retail business.
a. True
b. False
Indicate whether the statement is true or false
(
Q. 5) Magic Cow Co. made a sale for 5,000 to a customer who paid with MasterCard. MasterCard charges Magic Cow a fee of 3 of sales. MasterCard will directly deposit the cash from this sale within 24 hours. How much cash will MasterCard deposit?
A) 5,000
B) 4,850
C) 150
D) 5,150
(
Q. 6) Which of the following controls restrict access to programs, data, and documentation?
a. library controls
b. password controls
c. authentication controls
d. program change controls
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