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NEW QUESTION: 1
A large international business has completed the acquisition of a small business and it is now in the process of integrating the small business' IT department.
Both parties have agreed that the large business will retain 95% of the smaller business' IT staff.
Additionally, the larger business has a strong interest in specific processes that the smaller business has in place to handle its regional interests.
Which of the following IT security related objectives should the small business' IT staff consider reviewing during the integration process? (Select TWO).
A. The memorandum of understanding between the two businesses.
B. New regulatory compliance requirements.
C. The business continuity plan in place at the small business.
D. The initial request for proposal drafted during the merger.
E. Service level agreements between the small and the large business.
F. How the large business operational procedures are implemented.
Answer: B,F
NEW QUESTION: 2
The quantity demanded of a product goes from 100 to 110 units when the price goes from $50 to $25.
What is the price elasticity?
A. -0.25
B. -0.40
C. -0.20
Answer: C
Explanation:
(100-110)/(110+100) / (50-25)/(50+25) = -0.14 Price elasticity equals the percentage change in quantity over the percentage change in price. These calculations are based on the arc elasticity formula.
Using percentages calculated as ((100-110)/100)/(50-25)/50), the elasticity would be -.20 (-10%/50%).
Again, the CFA exam questions have often used this latter approach.
NEW QUESTION: 3
A. Option D
B. Option A
C. Option B
D. Option C
Answer: A