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NEW QUESTION 28
If the bank uses the rnaxirna criterion for selecting the location of the branch, it will select:
Answer: C
Explanation:
Under the maximax criterion, the decision maker selects the choice that maximizes the maximum profit. The maximum profits for the five locations are
A bank plans to open a branch in one of five locations labeled L1, L2, L3, L4, L5). Demand for bank services may be high, medium, or low at each of these locations. Profits for each location-demand combination are presented in the payoff matrix.
NEW QUESTION 29
A sound justification for an entity's repurchase of its own shares e.g. treasury shares) is to:
Answer: B
Explanation:
An entity has many reasons to repurchase its own shares. These include meeting the needs created by potential mergers or pension and profit-sharing plans. Also, management may want to buy out a dissident shareholder. Sometimes, an entity has excess cash and can find no better investment than its own shares. Moreover, management may believe the shares are selling for a low price for no apparent reason. Thus, a purchase may not only be a good investment but may also support the market price of the shares.
NEW QUESTION 30
The duties properly assigned to an information security officer could include all of the following except:
Answer: A
Explanation:
The information security officer should not know user passwords. They are normally stored on a computer in encrypted format, and users change them directly.
NEW QUESTION 31
Omen Company is a manufacturer of men's shirts. It distributes weekly sales reports to each sales manager. The quantity 2R5 appeared in the quantity sold column for one of the items on the weekly sales report for one of the sales managers. The most likely explanation for what has occurred is that the:
Answer: B
Explanation:
The probable explanation for reporting a quantity using a character other than a digit is that the data were incorrectly encoded and the computer program did not perform a field check, which would have detected the error. A field check tests whether a field consists of the proper characters, whether JI alphabetic, numeric, special, or combinations thereof.
NEW QUESTION 32
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