Refer to IT's About Business 2

question 113

Multiple Choice

Refer to IT's About Business 2.3 - "Bring Your Own Device" Can Cause Problems: Hamilton Fraser's human resource department created an acceptable use policy for their employees' personal communication devices for the following reason:

• A) They didn't want their employees wasting time playing games on their iPhones
• B) They didn't want the corporate data to be accessible on mobile devices that were lost/misplaced
• C) They wanted to monitor how their employees were spending their time
• D) They didn't want their employees to use social media while working
• E) They only wanted employees to use Android devices

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Definitions:

Projected Benefit Obligation

An estimation of the present value of a retirement plan's liabilities owed to employees, based on projected salary increases.

Defined Benefit Pension Plan

A pension plan where an employer promises a specific payout upon retirement, based on factors like salary history and employment duration.

Pension Expense

The cost recognized by an employer for providing retirement benefits to employees over the current accounting period.

Expected Return

The predicted average of the probabilities of various returns an investment can generate, reflecting the anticipated earnings or loss.