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NEW QUESTION: 1
Which of the following is NOT an advantage of establishing a company by purchasing "off the shelf"?
(i) The company is already registered so that in general business may be commenced more quickly.
(ii) The purchase off the shelf company can be cheaper than registration of a new company.
(iii) The articles of association are tailor-made to the requirements of the purchaser.
A. (ii) and (iii) only
B. (iii) only
C. (i) and (ii) only
D. (i) only
Answer: B
NEW QUESTION: 2
A. Option A
B. Option B
C. Option D
D. Option C
Answer: C
Explanation:
Initially, the differences between Disaster Recover and Business Continuity should be understood. In
comparison they are very similar in that they are (or should be) detailed plans to prepare an organization for
events in which a situation presents itself which can cause internal systems failures, or a disruption of
business systems in which they are no longer able to function to meet the requirements to perform day to day
tasks. These situations almost always result in loss of revenue, and in some cases, loss of client base. Where
these plans differ is in the main concept topic for which they prepare. Business Continuity Plans generally
focus on the continuation of business services in the event of any type of interruptions whether its IT based
or other. Disaster Recover Plans often refer to a company's strategy if something happens to crucial business
data, and how to restore / recover that data (generally in the shortest amount of time possible).
References: https://stumpj.wordpress.com/2010/10/18/coop-and-drp-what-is-the-difference/
NEW QUESTION: 3
"Tier 1 in the Basel framework includes each of the following, except ______."
A. Perpetual non-cumulative preference shares
B. Permanent shareholders equity
C. Undisclosed reserves
D. fully paid ordinary shares
Answer: C
