Salvador Downloaded Some Company Information into a Spreadsheet So That

question 119

Multiple Choice

Salvador downloaded some company information into a spreadsheet so that he could work on it at home.When he returned to work,he inserted his memory card into his company computer.Within minutes,all of his hard drive files were corrupted.The most likely cause of this was a(n) ________.

• A)malfunctioning computer
• B)intranet failure
• C)computer virus
• D)bad operating system

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Definitions:

Capital Markets

Financial markets for buying and selling equity and debt instruments, serving as a platform for long-term funding for public and private entities.

Comparability

The ability of financial information to be used in comparing the financial statements of entities to evaluate financial performance and position.

Legal System

The comprehensive system of rules and principles which govern a specific country or community, guiding the administration of justice and regulatory affairs.

Financial Reporting

The process of producing statements that disclose an organization's financial status to management, investors, and the government.