The Four Key Technical Trends Responsible for Current Ethical Stresses

question 72

Multiple Choice

The four key technical trends responsible for current ethical stresses related to information technology are (1) doubling of computer power every 18 months, (2) data analysis advances, (3) declining data storage costs, and (4) ________.

• A) advances in wireless networking
• B) international standards for data protection
• C) networking advances and the Internet
• D) increased ease in file sharing and copying

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Definitions:

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle.

Cash Flows

The aggregate sum of funds moving in and out of a company, particularly influencing its ability to cover short-term obligations.

Indirect Method

A technique used in cash flow statements to adjust net income for changes in non-cash items to calculate net cash from operating activities.

Statement of Cash Flows

This report details the fluctuations in balance sheet accounts and how income influences cash and cash equivalents, categorizing these changes into operating, investing, and financing sections.