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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. 1.37.
B. 0.59.
C. 0.93.
D. 0.46.
Answer: A
NEW QUESTION: 2
Which one of the following provides the BEST description of test design?
A. Specification of the order in which test cases should be executed
B. Identification of the features which should be tested
C. Creation of a test suite
D. Specification of the test cases required to test a feature
Answer: D
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. Preventive controls
B. Cost controls
C. Monitoring control
D. Compensating controls
Answer: C