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NEW QUESTION: 1
Which of the following is incorrect?
A. A floating charge is a charge over a class of company assets which the company is unable to deal with freely in the ordinary course of business.
B. A floating charge is a charge over a class of assets which change from time to time.
C. A floating charge must be registered at Companies House within 21 days of its creation, otherwise the charge is void against the other creditors.
D. A floating charge must be registered at the company's registered office, but a failure to do so does not affect the validity of the charge.
Answer: A

NEW QUESTION: 2
Without prior approval, a training department enrolled the company in a free cloud-based collaboration site and invited employees to use it. Which of the following is the BEST response of the information security manager?
A. Conduct a risk assessment and develop an impact analysis.
B. Report the activity to senior management.
C. Update the risk register and review the information security strategy.
D. Allow temporary use of the site and monitor for data leakage.
Answer: B

NEW QUESTION: 3
Which test level is concerned with testing the smallest bodies of software?
A. Subsystem test
B. Feature test
C. Component test
D. Functional test
Answer: C

NEW QUESTION: 4
While calculating the weights of various components of the capital structure, one must use:
A. minimum of book or market values.
B. book values.
C. market values.
D. liquidation values.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
WACC calculations are based on current market values, not historical cost.