439. What harnesses far‐flung computers together by way of the Internet or a virtual private network to share CPU power, databases, and database storage?

Computer virus
Worm
Denial‐of‐service attack
None of the above
✅ The correct answer is D.
Grid computing harnesses far-flung computers together by way of the Internet or a virtual private network to share CPU power, databases, and database storage.

437. Which of the below statement is correct with regards to grace period of an insurance policy?

Standard length of the grace period is one month
The standard length of the grace period is 30 days
The standard length of the grace period is one month or 30 days
The standard length of the grace period is one month or 31 days
✅ The correct answer is D.
The standard length of the grace period is one month or 31 days. The days of grace may be computed from the next day after the due date fixed for payment of the premium.

435. Which types of files are available in the form of tray that lie flat horizontally in a cabinet?

Horizontal files
Vertical files
Visible files
Metal files
✅ The correct answer is C.
Visible files are available in the form of tray that lie flat horizontally in a cabinet. A visible file, sometimes just called a kardex, after a prominent purveyor, is a filing system for overlapping cards fixed in shallow drawers.

433. A theory which states that assets are traded at price equal to its intrinsic value is classified as

efficient money hypothesis
efficient market hypothesis
inefficient market hypothesis
inefficient money hypothesis
✅ The correct answer is B.
A theory which states that assets are traded at price equal to its intrinsic value is classified as efficient market hypothesis. The Efficient Markets Hypothesis is an investment theory primarily derived from concepts attributed to Eugene Fama’s research work as detailed in his 1970.

431. The sustainable growth rate of a firm can be calculated as the product of the_________.

return on assets and the return on equity
dividend payout ratio and leverage
retention rate and the return on equity
net profit margin and total sales
✅ The correct answer is C.
The sustainable growth rate of a firm can be calculated as the product of the retention rate and the return on equity. The sustainable growth rate (SGR) is the maximum rate of growth that a company can sustain without having to finance growth with additional equity or debt.

468. Variance used by managers to check whether company has performed well and properly implemented strategies is considered as

strategic implementation
proper implementation
performance evaluation
well evaluated
✅ The correct answer is C.
Variance used by managers to check whether company has performed well and properly implemented strategies is considered as performance evaluation. Performance Evaluation is defined as a formal and productive procedure to measure an employee’s work and results based on their job responsibilities.

466. The __________ is the first major effort to adjust the copyright laws to the Internet age.

Platform for Privacy Preferences (P3P)
Center for Democracy and Technology
Digital Millennium Copyright Act (DMCA)
E-Government Act of 2002
✅ The correct answer is C.
The Digital Millennium Copyright Act (DMCA) is the first major effort to adjust the copyright laws to the Internet age. The Digital Millennium Copyright Act is a 1998 United States copyright law that implements two 1996 treaties of the World Intellectual Property Organization. It criminalizes production and dissemination of technology, devices, or services intended to circumvent measures that control access to copyrighted works.