BB42 Objective 4 Test Review

Appropriate information management helps a business build a good reputation by:

Which action is part of information management?

Which information must a business manage?

Managing information regarding copyrights and trademarks helps a company to preserve its:

Marvin, the staff accountant, is unable to find last year's tax return. What information management guideline is he failing to follow?

How does appropriate information management affect a business's relationship with its customers?

ABC Corporation makes its employees sign a noncompete agreement. This agreement states that employees who leave the company are restricted from working for a competitor for two years. The purpose of this agreement is to make sure that competitors are unable to obtain ABC Corporation's trade secrets. What type of information is ABC Corporation protecting?

To reduce the risk associated with noncompliance, a business should continously monitor:

During a staff meeting, the company's president states, "Samari Enterprises experienced a three percent increase during the first quarter and a five percent increase during the second quarter of this fiscal year." What type of information is the president providing?

Tim is the technology manager for the MSJ Company. He is responsible for backing up the computer system every evening to ensure the company has a copy of each day’s computer activities and transactions. On Tuesday evening, Tim was running late for a meeting and decided not to conduct the backup activities. Later that night, the computer system crashed and all of Tuesday’s computer data was lost. By apologizing to his boss for making a poor decision and offering to work extra hours to help fix the problem, Tim was: