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NEW QUESTION: 1
Section B (2 Mark)
Reliance Ltd. has issued a preferred stock that pays Rs.10 per share. The dividend is fixed and the stock has no expiration date. What is the intrinsic value of Reliance Ltd. stock, assuming a discount rate of 14%?
A. Rs. 61.75
B. Rs. 71.42
C. Rs. 62.26
D. Rs. 75.75
Answer: B

NEW QUESTION: 2
An IS auditor performing an independent classification of systems should consider a situation where functions could be performed manually at a tolerable cost for an extended period of time as:
A. vital.
B. sensitive.
C. noncritical.
D. critical.
Answer: B
Explanation:
Sensitive functions are best described as those that can be performed manually at a tolerable cost for an extended period of time. Critical functions are those that cannot be performed unless they are replaced by identical capabilities and cannot bereplaced by manual methods. Vital functions refer to those that can be performed manually but only for a brief period of time; this is associated with lower costs of disruption than critical functions. Noncritical functions may be interrupted for anextended period of time at little or no cost to the company, and require little time or cost to restore.

NEW QUESTION: 3
Which of the following is true about safety critical systems?
A. Traceability to regulatory requirements and compliance is not necessary.
B. The supplier of the safety critical system is not liable for any damage caused by the system.
C. Testing proves that there are no failures or defects in the system.
D. System failures could be life threatening.
Answer: D

NEW QUESTION: 4
Operation-to-operation quantity reporting is most important to which of the following production environments?
A. Process production
B. Continuous manufacturing
C. Repetitive manufacturing
D. Job-lot production
Answer: D