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Lebanon Gasket

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Assignment 1 (100 marks)

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(Covers Modules 1 and 2)

Note: If this is your first time using the Online Learning Environment, check out the Course Orientation and the quick tutorials in the Support Centre. General assignment FAQs can be found in your Assignment Submission/Group Work area.

Prepare the answers to these assignment questions in Word and save them as one Word document on your hard drive. For the recommended format and filename, see FAQs in the Assignment/Group Work area. If this assignment Word file requires the pasting of Accpac.RTF reports, or Excel.xls sections, or other files, students are strongly advised to refer to the How To/ Use Software/ Use Excel, Use Word or both, to ensure the successful submission of their complete assignment.

When your file is complete and you are ready to submit it for marking, select your Assignment Submission/Group Work area. For help, refer to the quick tutorial, “Submit your assignment”.

Follow these steps to ensure that your assignment was received by your marker:

• Select the Grade Centre link. • Select the exclamation mark (!).

In the section "Your work," select the file. If you can view the unmarked assignment, it is okay. If you are unable to view the assignment, contact your CGA affiliate office for help.

Question 1 (20 marks)

Multiple choice (2 marks each)

Note: For multiple-choice questions, select the best answer. Answer each question by giving the number of your choice. For example, if (2) is the best answer for item (a), write (a)(2) as your answer. If you provide more than one answer for a question, that question will not be marked. Incorrect answers will be marked as zero. No marks will be awarded for any explanations you may offer.

a. Which of the following statements about IT spending is true? 1. Firms spend more on IT than on all other forms of capital combined. 2. Firms spend less on IT than on

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