Employees who occupy a vendor status directly report to that vendor company, and that company will often manage their access. Thus, processes must be instituted to guarantee that the vendor company is managing its employees effectively. The situations that demand a vendor to give notification to the company that’s engaged the vendor are as follows: 1. when people are hired or fired

2. when people switch roles

3. when systems are enhanced or separated from the organization’s network.

4. when security configuration adjustments are made to the communications between the vendor and the organization.

a. True

b. False

The following balance sheet for the los gatos corporation was prepared by a recently hired accountant. in reviewing the statement you notice several errors. los gatos corporation balance sheet at december 31, 2018 assets cash $ 44,000 accounts receivable 86,000 inventories 57,000 machinery (net) 122,000 franchise (net) 32,000 total assets $ 341,000 liabilities and shareholders' equity accounts payable $ 54,000 allowance for uncollectible accounts 7,000 note payable 59,000 bonds payable 112,000 shareholders' equity 109,000 total liabilities and shareholders' equity $ 341,000 additional information: cash includes a $22,000 restricted amount to be used for repayment of the bonds payable in 2022. the cost of the machinery is $194,000. accounts receivable includes a $22,000 note receivable from a customer due in 2021. the note payable includes accrued interest of $7,000. principal and interest are both due on february 1, 2019. the company began operations in 2013. income less dividends since inception of the company totals $37,000. 52,000 shares of no par common stock were issued in 2013. 200,000 shares are authorized. required: prepare a corrected, classified balance sheet. (amounts to be deducted should be indicated by a minus sign.)

What is the difference between secure bonds and naked bonds?

Why should managers invest any excess cash