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Refer to IT's About Business 12

question 9

Multiple Choice

Refer to IT's About Business 12.3 - Technology at NC State: Which of the following statements concerning IBM's "Big Data" analytics technology is not true?


Definitions:

Internal Control

A system implemented by a company to ensure the integrity of financial and accounting information, promote accountability and prevent fraud.

Payrolls

The total amount of money a company pays to its employees for a set period of time, including wages, salaries, bonuses, and deductions.

Fully Funded Pension Rights

A pension plan that has enough assets to meet all its obligations to retirees and current employees.

Pension Expense

The cost recognized by an employer for contributions to pension plans on behalf of its employees for the current period.

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