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NEW QUESTION: 1
What does the Model Code recommend regarding "entertainment and gifts"?
A. As gifts and entertainment may be offered in the normal course of business, employees can offer inducements to conduct business and solicit them from the personnel of other institutions.
B. Although management should not monitor the form, frequency or cost of entertainment/gifts dealers receive, they may have a policy towards the giving/receipt of gifts and ensure the policy is enforced.
C. Gifts or entertainment should never be offered in the normal course of business, and employees must never offer any inducements to conduct business, nor solicit them from other institutions.
D. Management should monitor the form, frequency and cost of entertainment and gifts dealers receive, have a clearly articulated policy towards the giving/receipt of gifts and ensure the policy is enforced.
Answer: B

NEW QUESTION: 2
A company purchased a machine 10 years ago for $143 890. It is expected that the machine will generate future revenues of $108 495. The machine could be scrapped for $81 232. An equivalent machine in the same condition would cost $94 950 to buy now. What is the deprival value of the asset?
A. $35 395
B. $108 495
C. $94 950
D. $81 232
Answer: C

NEW QUESTION: 3
What does HTTP stand for?
A. HyperType Transmit Protocol
B. HyperText Transfer Protocol
C. HigherText Transmit Protocol
D. HyperTime Transfer Policing
E. HigherText Transfer Protocol
Answer: B