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NEW QUESTION: 1
An entity has a majority of its customers located in states A and B. A major west coast bank has agreed to provide a lockbox system to the entity at a fixed fee of US $50,000 per year and a variable fee of US $0.50 for each payment processed by the bank. On average, the entity receives 50 payments per day, each averaging US $20,000. With the lockbox system, the entity's collection float will decrease by 2 days. The annual interest rate on money market securities is 6%. If the entity makes use of the lockbox system, what would be the net benefit to the entity? Use 365 days per year.
A. US $50,000
B. US $120,000
C. US $55.125
D. US $60,875
Answer: D
Explanation:
If payments are collected 2 days earlier. the entity can earn US $120,000 $20,000 50 payments per day 2 days .06) at a cost of US $59,125 [$50,000 + 50 payments 365 days $.50)], a gain of US $60,875.
NEW QUESTION: 2
Which of the following describes the concept of a Single Sign-On (SSO) system?
A. Users are identified to multiple systems with several credentials.
B. Only one user is using the system at a time.
C. Users are authenticated to one system at a time.
D. Users are authenticated to multiple systems with one login.
Answer: D
NEW QUESTION: 3
A. 192.168.0.0
B. 172.16.0.0
C. 192.168.2.0
D. 10.4.3.0
E. 10.0.0.0
F. 172.16.4.0
Answer: B,C,F
NEW QUESTION: 4
Which of the following is a benefit of cloud computing?
A. Cloud computing delivers IT capabilities that scale with demand.
B. Cloud computing delivers a wide range of services that are easily accessible to users
C. Cloud computing negates the need for a procurement department.
D. Cloud computing delivers IT capacity on demand.
Answer: A