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NEW QUESTION: 1
Which one of the following four statements about preferred shares is INCORRECT?
A. Preferred shares refer to a class of securities that is a cross between equity and debt.
B. Preferred shares are subordinated to debt.
C. Preferred shares represent residual of a corporation after its other liabilities have been paid.
D. Preferred shares can be perpetual or have maturities far exceeding debt maturities.
Answer: C

NEW QUESTION: 2
Rick works as a Network Administrator for uCertify Inc. He takes a backup of some important compressed files on an NTFS partition, using the Windows 2000 Backup utility. Rick restores these files in a FAT32 partition. He finds that the restored files do not have the compression attribute. What is the most likely cause?
A. The FAT32 partition is corrupt and requires to be reformatted.
B. The backup of files that are saved on an NTFS partition cannot be restored in a FAT32 partition.
C. A FAT32 partition does not support compression.
D. The Windows 2000 Backup utility decompresses compressed files while taking a backup.
Answer: C

NEW QUESTION: 3
A preventive control differs from a compensating control in that a preventive control is:
A. relied on to address gaps in the existing control structure.
B. put in place to mitigate a weakness in a user control.
C. deployed to supplement an existing control that is EOL.
D. designed to specifically mitigate a risk.
Answer: A