Answer:
The correct answer is C
Explanation:
The main and the primary reason for the organization or firm for delaying the patches to plug the holes in the application of the security is the fear.
The fear that the technology which is new contains the changes or the variations which could lead to the problems down the road. So, they delay the patches.
Answer:
Ed and his Widow's Gross Income is:
$97,000
Explanation:
a) Data and Calculations:
Gifts from individuals $10,000
Medical expense offset 25,000
Time of need pay 12,000
Group life insurance 50,000
Gross income $97,000
b) Ed and his widow's gross income is $97,000. It is the sum of all forms of earnings before any deductions or taxes. The gross income is higher than the net income, which is defined as the gross income minus taxes and other deductions.
Ed's gross income includes the gifts and life insurance payout, but not the support received by his widow.
Ed's gross income includes the $10,000 in gifts from individuals and the $50,000 collected on the group term life insurance policy. These amounts are considered taxable income. The $12,000 paid to Ed's widow in her time of need is not considered gross income because it can be classified as a gift or as support received on account of the marital relationship.
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2,500 would be the answer hope this helps
According to the truth in lending, Act bank is not obliged to inform about methods of calculating Interest, thus the correct answer is B.
The bank is referred to as a financial institution that helps in depositing and borrowing funds with the purpose of investment and future saving. They help individuals to manage their wealth by offering various plans and schemes.
Truth in Lending Act safeguards from credit invoicing and unfair practices related to a credit card. it also provides information on loan costs to the lender. It encourages consumer to compare loans and credit cards from other companies.
Therefore, option B calculating the interest method is the appropriate answer.
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There are about six steps involved in the process of financial planning that include identification, evaluation, and implementation of the courses of action for the accomplishment of an individual's financial goals.
Financial planning can be referred to or considered as a planning in which an individual or a group determines the actions that need to be performed in order to achieve the financial goals that they have for a particular period of time.
A financial plan is put in identification in first place; then after planning the course of actions are determined; and lastly, the implementations of actions for achievement of financial goals are taken as a part of the process of financial planning.
Therefore, the significance of the processes involved in a financial planning has been aforementioned.
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