The CISO needs to be able to differentiate the drivers of corporate governance and IT governance because they are two separate concepts that require different approaches to ensure compliance and mitigate risks.
Corporate governance refers to the set of policies, processes, and practices that ensure that an organization is run in a transparent, ethical, and accountable manner. This includes compliance with laws and regulations, managing risks, and ensuring that the company's objectives are aligned with its stakeholders' interests. On the other hand, IT governance refers to the processes and structures that ensure that IT resources are managed effectively and efficiently, supporting the organization's goals and objectives.
1. Understanding corporate governance drivers helps a CISO ensure that the company's overall strategy and objectives are supported by IT initiatives.
2. Familiarity with IT governance drivers enables a CISO to establish IT-specific goals, processes, and policies that align with corporate governance and manage IT-related risks.
3. Differentiating the drivers of both governance types allows a CISO to balance business needs and IT capabilities while maintaining a clear distinction between the responsibilities of the board and those of IT management.
4. By distinguishing these drivers, a CISO can prioritize IT investments and resource allocation to support both corporate governance and IT governance objectives, enhancing the overall value and effectiveness of the organization's IT systems.
5. It also helps a CISO to ensure compliance with various regulatory requirements and industry standards by addressing the specific needs of each governance type.
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fiscal policy attempts to affect the overall level of spending in the economy through: group of answer choices changes in the inflation rate. changes in the quantity of money or the interest rate. changes in tax policy or government spending. discretionary regulation of profits and wages.
Fiscal policy attempts to affect the overall level of spending in the economy through c)changes in tax policy or government spending, as well as discretionary regulation of profits and wages.
Fiscal policy is the economic policy of a government that is used to influence the level of economic activity in the country. It is primarily used to increase or decrease the total spending in the economy and it does this by changing the levels of taxation or government spending.
Tax policy changes can include reducing taxes to increase overall spending in the economy, or increasing taxes to reduce overall spending. Government spending can be increased to stimulate the economy, or decreased to slow growth.
Discretionary regulation of profits and wages includes setting minimum wages, setting maximum prices, or creating subsidies for certain industries.
These policies are used to encourage or discourage certain economic activities and can help to stabilize the economy. Together, these tools are used to affect the level of overall spending in the economy.
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List the six areas of interest.
Answer:
Six areas of interest are: building,thinking,creating,holding, persuading and organizing.
Explanation:
You have allocated $8,000 for employee training. You have 20 employees and each course costs $200. How many training courses can you afford per employee?
Answer:
B) 2
Explanation:
$8,000 divided by 20 is 400, $400 divided by $200 is 2 courses per employee.
The number of training courses you can afford per employee is 2.
How many training courses can you afford?The mathematical operation that would be used to solve this question is division. Division is the process of grouping a number into equal parts using another number. The sign that represents division is ÷
The first step is to divide the amount allocated for employee training by the number of employees.
= $8,000 / 20 = $400
The next step is to divide $400 by the cost of each course
$400 / $200 = 2
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Harry’s shoe store has noticed a significant increase of revenue of $123,000. The manager has also determined that the total expenses equal to $128,000. Will this business net a profit or loss? _____ How much of a profit or loss?_____
Answer:
Net loss; $5,000
Explanation:
$123,000 (income)
- 128,000 (expenses)
_________________
-5,000
What is the allowance provided to an employee (salon manager) in charge for a full week?
Answer:
$44.98 per week
Explanation:
This allowance is based on a working condition or a disability as part of working a shift.
what is the term for when businesses produce goods and services that consumers do not want
Answer:
Productive (technical) inefficiency.
Explanation:
A market failure can be defined as a situation in which the market fails to produce an efficient level of productivity or output that is required to meet consumer demand.
This ultimately implies that, a market failure arises when there is inefficiency in the distribution or allocation of goods and services in a free market.
In Economics, there are two types of inefficiency associated with the production of goods and services, these includes;
1. Allocative inefficiency: it occurs when businesses do not maximise output from the given inputs. Thus, it arises when businesses fail to increase the level of their production or productivity from a number of given inputs.
In conclusion, allocative inefficiency typically occurs when the price of a good or service isn't equal to its marginal cost i.e P ≠ MC.
2. Productive (technical) inefficiency: it occurs when businesses produce goods and services that consumers do not want. This is typically as a result of the incorrect and inefficient allocation of scarce resources by a business firm or entity.
What is the practice called when a business prices its goods or services so low that other businesses can no longer compete and are driven from the market?.
When a company sets its prices for its products or services so low that competitors are unable to compete and are driven out of the market, this behaviour is known as predatory pricing.
Who are called as competitors?Competitors are companies that can provide clients with the same or comparable products and services as yours. In a competitive market, a company's market share declines and its client base gets smaller, especially if there is a finite amount of demand.
In order to remain competitive, a market can also compel prices to be lowered, which reduces profit margins for each product or service. An extreme case is a market that is overcrowded.
The greatest method to set company apart from the competition is to use effective marketing techniques.
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How would you characterize financial ratios? A. Financial ratios are those numbers that compare the net worth from the balance sheet to the net income of the income statement. B. Financial ratios are calculated numbers that identify various performance aspects of a business. C. Financial ratios are those numbers found in the statement of cash flows
Financial ratios are calculated numbers that identify various performance aspects of a business (option b).
What are financial ratios?Financial ratios are performance metrics of a company. It is used to determine how well a business is doing based on values derived from the financial statements of the company.
The types of financial ratios include:
Activity ratios : it measures the efficiency of a firm. Examples of activity ratios include inventory turnover and number of days of inventory on hand.
Liquidity ratios: it measures the ability of the business to meet its short term obligations. Examples of liquidity ratios include current ratio and quick ratio
Profitability ratios : it measures the ability of a firm to earn profits from its activities. Examples of profitability ratios include return on asset and profit margin
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Firms achieve ___________ through efficient procedures and excellent supply chain management.
Firms achieve operational excellence strategy through efficient procedures and excellent supply chain management.
What is Operational excellence strategy?It is the execution of the business strategy in a more consistent and reliable way. It allows for excellent procedures or way to achieve results. hi
Therefore, Firms achieve operational excellence strategy through efficient procedures and excellent supply chain management.
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Greg purchased a life insurance policy which will pay $1 million to Jorge in the event of Carrie's death. Given this information Greg is the _________, Jorge is the __________ and Carrie is the __________.
Greg is the policyholder or the insured person who purchased the life insurance policy. Jorge is the beneficiary who will receive the $1 million payout in the event of Carrie's death.
Carrie is the person whose life is insured and whose death triggers the payment of the life insurance benefit to Jorge. It is important to note that a life insurance policy can have multiple beneficiaries, and the policyholder can choose who receives the benefit in the event of their death.
The beneficiary does not necessarily have to be a family member, and it is not uncommon for policyholders to choose a charity or organization as the beneficiary.
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The orange farming industry is perfectly competitive and is initially in long-run equilibrium, and the price of each orange is $0.20. Now suppose that the price of fertilizer rises, increasing the marginal and average total cost of producing oranges by $0.10. In the long run:_______.
Based on the marginal and average total cost rising, we can conclude that in the long run firms will leave the industry.
Why would they leave the industry?Firms will exit a competitive industry when the price is below the marginal cost.
In this case, the price was $0.20 and the marginal cost increased by $0.10. If we take into account, the original marginal cost which has now increased, the new marginal cost will most probably be higher than the price.
Firms will then leave the market to avoid losses.
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Gregg company uses the allowance method for recording its expected credit losses. It estimates credit losses at three percent of credit sales, which were $900,000 during the year. On december 31, the accounts receivable balance was $150,000, and the allowance for doubtful accounts had a credit balance of $12,200 before adjustment. A. Prepare the adjusting entry to record the credit losses for the year b. Show how accounts receivable and the allowance for doubtful accounts would appear in the december 31 balance sheet.
A. At the end of a bookkeeping period, a section in a company's common record called a "adjusting journal entry" is created to record any unrecognised pay or expenses for the period.
B. Since a provision for doubtful accounts reduces the total value of a resource, in this case the accounts receivable, it is referred to as a "contra asset."
What is doubtful accounts?Money owed by customers to a company is referred to as a doubtful account. The only problem is that the business doesn't anticipate receiving the money. (It is "doubtful " that you will collect.)
The phrase can also be used to describe an account that is currently a reserve but could eventually turn into a bad debt because it hasn't reached the point where it can be written off. All types of businesses consistently face the challenge of managing doubtful debt.
A ) Adjusting entry
The adjusting entry to record the credit losses for the year is :
Bad debt expense Dr, $27,000
To Allowance for Doubtful Accounts Cr. $27,000 ($900,000 × 3%)
(To record accounts deemed to be uncollectible)
B ) December 31 balance sheet
Accounts Receivable $150,000
less: Allowance for Doubtful Accounts $39,200 ($12,200 + $27,000)
Net accounts receivable $110,800
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For tax years 2020 and later, the kiddie tax is computed using _____________ tax rates. estates and trusts. long-term capital gains. parents' marginal. collectible.
For tax years 2020 and later, the kiddie tax is computed using parents' marginal tax rates.
The kiddie tax is a tax provision that applies to unearned income of children under a certain age. Previously, the kiddie tax was calculated using a separate tax rate schedule, but the Tax Cuts and Jobs Act changed this starting in 2020.
Now, the child's unearned income, such as interest, dividends, and capital gains, is taxed at the same rates as their parents' marginal tax rates. This means that the child's unearned income is added to their parents' taxable income, and the total income is subject to the applicable tax rates for their parents' tax bracket.
It's important to note that the parents' tax rates are used only for the calculation of the kiddie tax and not for the child's earned income.
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An agreement between the president and a leader of a foreign country that does not have to be ratified by the senate is known as a(n)?
The required answer is Executive agreements.
Executive agreements:
An executive agreement is a contract that the President enters into on behalf of the United States without the Senate's input or approval and in accordance with his or her constitutional or statutory authority.You need good balance to move around the room or down the block. As well as carrying things, getting up from a chair, walking up and down stairs, and even turning to look behind you. And good balance helps avoid falls that could be incapacitating.Executive agreements are what these are called. Executive agreements are still legally enforceable even when they are not submitted to the Senate for approval.An agreement formed by the executive branch, either alone or with Congressional approval, between the United States and a foreign government, typically addressing routine issues.Learn more about executive agreement here brainly.com/question/13918251
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how does 2022 versa’s electric power-assisted steering enhance fuel efficiency?
It should be noted that Versa’s electric power-assisted steering enhances fuel efficiency as it doesn't rely on engine power.
Electric power assisted steering refers to any type of power steering wheel that is used to attenuate the effort of the driver that's required to steer the vehicle.
The 2022 Versa’s electric power-assisted steering enhance fuel efficiency because it doesn't rely on engine power.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Llego el momento de que escribas o grabes la propuesta de valor q propones para tu barrio , comunidad o region y señales de acuerdo con el ejemplo, comocumple con mejorar la calidad de vida de las personas, cual es el beneficio que otorga y cual es ese algo mas que entrega: -mejore la calidad de vida que es la relevancia
Proposal for improving the quality of life in my community by providing affordable and accessible mental health services, which will benefit individuals and families in need, and also promote overall well-being and social cohesion.
Access to mental health services is a fundamental aspect of a healthy and thriving community. Unfortunately, many individuals and families in my community do not have access to affordable and accessible mental health services, leading to unnecessary suffering and social isolation.
My proposal is to establish a community-based mental health center that provides high-quality mental health services at an affordable cost, with a particular emphasis on reaching out to vulnerable and marginalized populations. By providing such services, my proposal will benefit individuals and families in need, as well as promote overall well-being and social cohesion in my community.
In addition to the direct benefits of the proposed mental health services, the center will also serve as a hub for community engagement, providing a space for social activities and community-building events.
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Which of the following programs completes similar functions as those completed by Microsoft® Publisher?
options:
a)Microsoft Access
b)Microsoft Outlook
c)Microsoft PowerPoint
d)Microsoft Word
Answer:
it is D) Microsoft word
Explanation:
Because Microsoft Publisher is a graphic design application that is similar to Microsoft Word but differs in the fact that its emphasis lies more on page layout and design, and less on word composition and formatting.
hope this helps!!! o(〃＾▽＾〃)o
The programs completes similar functions as those completed by Microsoft® Publisher.
What is Microsoft word?Microsoft word serves as a program that is used in educational area in writing documents.
It is been owned by Microsoft and it can be used in different field even for research purposes.
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What were the main factors in both the North and South for the abandonment of Reconstruction?
Next
Finance and Budgeting: Mastery Test
Drag each label to the correct location on the image.
Carl wants to purchase a local soccer franchise. Classify the sources of finance for this new business.
angel investor
government
issued a $1,000 security that can be
converted to 100 shares after 5 years.
granted tax incentives for stadium
improvements
sanctioned a long-term loan in exchange
for collateral
buy 10% of the company in exchange
for cash
impressed with the business plan,
Mr. Doyle provided $75,000.
secured $100,000 from the sale of
common stock.
Reset
Next
banks equity
convertible bond
venture capitalist
The correct answer Finance and Budgeting statement issued a $1,000 security Granted tax incentives improvements - impressed with business plan, Mr. Doyle provided $75,000 secured $100,000 from sale of stock.
What is convertible bond?An interest-bearing fixed-income corporate debt asset known as a convertible bond has the option of being converted into a certain number of shares of common stock or equity. During the bond's term, the conversion from bond to stock is possible at specific times and is often at the bondholder's option. A convertible bond's price is particularly sensitive to changes in interest rates, the value of the underlying stock, and the issuer's credit rating because it is a hybrid product. For businesses, convertible bonds offer flexible funding options. A convertible bond gives investors access to a hybrid instrument that includes the benefits of both a bond and a stock, including interest payments. The number of shares of stock you may obtain by converting one bond in this bond depends on its conversion ratio. A 5:1 conversion ratio, for instance, indicates that one bond would equal five shares of common stock.
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what is the study of business
Explanation:
The study of business is about how individuals and groups of people organise, plan, and act to create and develop goods and services to satisfy customers. Business is influenced by and impacts on the cultural, ethical, environmental, political, and economic conditions of the day
Explanation:
business studies is an academic subjects taught in many schools and higher education institutions in the world .
What is the best idea when you are filling out tax forms for the very first time?
1} When making decisions regarding the use of resources, options NOT chosen are known as which of the following?
A} The economic allowance for the option chosen
B} The chosen option’s tangible adversary
C} The opportunity cost of the option chosen
D} The chosen option’s conscious rejection
Answer: The answer is C opportunity cost of the option chosen
Explanation:
Human want are numerous while the resources to satisfy them are limited in supply. Because of the scarcity of resources this informed the use of scale of preference to rank our want in their order of preference. Then arise the concept of opportunity cost ,opportunity cost is the value of benefit sacrifice in favour of an alternative course of action in the sense that the acceptance of one option will automatically lead to the rejection of the second option. It is the cost of doing anything that could have been obtained if that particular decisions has not been taken. The return forgone from its use is the opportunity cost.
Business case arguments based on fear are dependent on ________.
A) the belief that implementing the new information system can have significant positive consequences for the firm
B) beliefs about organizational strategy, competitive advantage, industry forces, customer perceptions, market share, and so on
C) data, quantitative analysis, and/or indisputable factors
D) the notion that if the system is not implemented, the firm will lose out to the competition or go out of business
E) the results of a qualitative analysis of employee responses to the new information system
The notion that if the system is not implemented, the firm will lose out to the competition or go out of business. Business case arguments based on fear often rely on this notion to convince decision-makers of the urgency and importance of implementing the new information system.
Fear is a powerful motivator, and the fear of losing out to competitors or going out of business can be a compelling argument for making a change. However, it is important to note that while fear can be a useful tool in making a business case, it should not be the only factor considered. Other factors such as data, quantitative analysis, and organizational strategy should also be taken into account when making a decision.
These factors include beliefs about organizational strategy, competitive advantage, industry forces, customer perceptions, market share, and so on. Additionally, data and quantitative analysis can provide objective evidence to support a business case, while qualitative analysis can provide insights into employee perceptions and attitudes towards the new information system. Ultimately, a strong business case argument should take into account all of these factors and present a compelling case for why the new information system is necessary for the success of the organization.
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what countries can i get plastic surgery at 16 without parental consent?
Answer: Any country that considers 16 to be an adult - like lots of places in Europe and maybe even Mexico, Brazil etc
Explanation: however, I would not do it at 16 - your face and body will change a lot ! I used to want to have a breast augmentation when I was 18 because I got picked on a lot for having small breasts. Now I am a DD and am beyond happy I didn’t get the augmentation. I would wait till at least your earlier 20’s or so!
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Discuss the importance of cash to the survival of a small business
What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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Lymen International is considering a significant expansion to its product line. The sales force is excited about the opportunities that the new products will bring. The new products are a significant step up in quality above the company’s current offerings, but offer a complementary fit to its existing product line. Fred Riddick, senior production department manager, is very excited about the high-tech new equipment that will have to be acquired to produce the new products. Barbara Dyson, the company’s CFO, has provided the following projections based on results with and without the new products.
Without New Products
With New Products
Sales revenue $12,149,200 $16,618,200
Net income $488,900 $885,800
Average total assets $5,282,800 $13,930,400
(a) Compute the company’s return on assets, profit margin, and asset turnover, both with and without the new product line. (Round answers to 0 decimal places, e.g. 2% and asset turnover to 1 decimal place, e.g. 6.2)
Without new products
With new products
Return on assets
International sidering offerings, xut offer compl step up with New Products Sales 2,145.20 Average tel Without new products with now products ej abou: red Riddick, bring. Th producti depart
%
%
Profit margin
%
%
Asset turnover
Answer:
I don't know sorryyyyyjdkd
The computation of the Lymen International Company's return on assets, profit margin, and assets turnover, both with and without the new product line, is as follows:
a) Return on assets = Net Income/Average total assets
Without New Products With New Products
Net income $488,900 $885,800
Average total assets $5,282,800 $13,930,400
= 9% 6%
b) Profit margin = Net Income/ Sales revenue
Without New Products With New Products
Sales revenue $12,149,200 $16,618,200
Net income $488,900 $885,800
= 4% 5%
c) Asset Turnover = Net Sales / Average Total Assets
Without New Products With New Products
Sales revenue $12,149,200 $16,618,200
Average total assets $5,282,800 $13,930,400
= 2.3 x 1.2 x
How useful are accounting ratios?The accounting ratios above help investors understand the efficiency, profitability, and effectiveness that companies achieve when compared with previous years or with competitors.
For instance, the assets turnover ratio helps investors understand Lymen International Company's effectiveness in using its assets to generate sales.
Data and Calculations:Without New Products With New Products
Sales revenue $12,149,200 $16,618,200
Net income $488,900 $885,800
Average total assets $5,282,800 $13,930,400
Total assets = $10,565,600 $2,786,0800
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Which is true about the workplace of Construction workers? It can change. It is never outdoors. It can be in an existing building. It is a desk.
Answer:
A
Explanation:
What is the effective annual interest rate on a credit card loan charging 15%, compounded monthly? OA) 14.06% OB) 15.00% OC) 15.12% OD) 16.08% OE) 16.18%
The correct answer is OC) 15.12%. This represents the true annual interest rate that account for the compounding effect over a year, taking into account the monthly compounding of 15% nominal interest rate.
The effective annual interest rate on a credit card loan can be calculated using the formula:
Effective Annual Interest Rate = (1 + (Nominal Interest Rate / Number of Compounding Periods))^Number of Compounding Periods - 1
In this case, the nominal interest rate is 15% and it is compounded monthly. Therefore, the number of compounding periods is 12 (for 12 months in a year).
Plugging in the values into the formula:
Effective Annual Interest Rate = (1 + (0.15 / 12))^12 - 1
Calculating this expression, we find that the effective annual interest rate is approximately 15.12%.
Therefore, It is important to consider the effective annual interest rate when comparing different loan offers or evaluating the cost of borrowing on a credit card.
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