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NEW QUESTION: 1
The following information about a company is at the end of its fiscal year.
The before-tax cost of long-term debt is 10% and the cost of equity is 12%. The marginal tax rate is 35%. The company's current ratio is:
A. 0.59.
B. 1.37.
C. 0.46.
D. 0.93.
Answer: B
NEW QUESTION: 2
Which one of the following provides the BEST description of test design?
A. Specification of the test cases required to test a feature
B. Creation of a test suite
C. Specification of the order in which test cases should be executed
D. Identification of the features which should be tested
Answer: A
NEW QUESTION: 3
Which of the following controls is the most for a system identified as critical in terms of data and function to the organization?
A. Monitoring control
B. Cost controls
C. Compensating controls
D. Preventive controls
Answer: A
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