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Ethical principles of company.

NEW QUESTION: 1

A. Option B
B. Option D
C. Option C
D. Option A
Answer: C
Explanation:
Reference: http://www.wolfsberg-principles.com/privat-banking.html (1.2.2, 5th bullet)

NEW QUESTION: 2
Which of the following is TRUE regarding Transmission Control Protocol (TCP) and User
Datagram Protocol (UDP)?
A. UDP is useful for longer messages, rather than TCP.
B. TCP does not guarantee delivery of data, while UDP does guarantee data delivery.
C. UDP provides for Error Correction, TCP does not.
D. TCP is connection-oriented, UDP is not.
Answer: D
Explanation:
TCP is a reliable connection-oriented transport for guaranteed delivery of data.
Protocols represent certain rules and regulations that are essential in order to have data communication between two entities. Internet Protocols work in sending and receiving data packets. This type of communication may be either connection-less or connection-oriented.
In a connection-oriented scenario, an acknowledgement is being received by the sender from the receiver in support of a perfect transfer. Transmission Control Protocol or TCP is such a protocol.
On the other hand, UDP or User Datagram Protocol is of the connection-less type where no feedback is being forwarded to the sender after delivery and the data transfer have taken place or not. Though, it's not a guaranteed method, but, once a connection is established, UDP works much faster than TCP as TCP has to rely on a feedback and accordingly, the entire 3-way handshaking takes place.
The following answers are incorrect:
UDP provides for Error Correction, TCP does not: UDP does not provide for error correction, while TCP does.
UDP is useful for longer messages, rather than TCP: UDP is useful for shorter messages due to its connectionless nature.
TCP does not guarantee delivery of data, while UDP does guarantee data delivery: The opposite is true.
References Used for this question:
http://www.cyberciti.biz/faq/key-differences-between-tcp-and-udp-protocols/
http://www.skullbox.net/tcpudp.php
James's TCP-IP FAQ - Understanding Port Numbers.

NEW QUESTION: 3
During a review of a division's operations, an internal auditor notes that sales and customer base are unchanged, while inventory and gross margin have increased significantly. Which of the following audit procedures would be most relevant in substantiating management's assertion that the gross margin increase is due to increased efficiency in manufacturing operations?
A. Take a physical inventory of equipment to determine if there were significant changes.
B. Obtain a physical count of inventory.
C. For a sample of products, compare costs-per-unit this year to those of last year, test cost build-ups, and analyze standard cost variances.
D. Select a sample of finished goods inventory and trace raw materials cost back to purchase prices in order to determine the accuracy of the recorded raw materials price.
Answer: C