SysTrust Engagements Relate Only to Database Systems

question 48

True/False

SysTrust engagements relate only to database systems.

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Definitions:

Available-For-Sale

A classification of securities which are not actively traded by the company, with changes in value reported in other comprehensive income.

Significant Influence

The power to participate in the financial and operating policy decisions of another entity, but not control those policies.

Net Income

The amount of profit a company has left over after paying all its expenses and taxes.

Dividend

A portion of a company's earnings distributed to its shareholders, typically in the form of cash or additional shares.