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Solved Past Papers Short Questions Only
Course: Professional Practices BS-IT 4rth Semester
Prepared by: Osama Naseer
1. Define the component of long-term planning?
a) Expansion plans b) Company image c) Product mix d) Finance 2. What is cyber technology? Cyber technology is the field of technology that aims at development of artificial devices and machines that are capable of operating in digital world. 3. Define right of ownership? Ownership involves multiple rights, collectively referred to as title, which may be separated and held by different parties. 4. Define the system reliability? The probability that a system, including all hardware, firmware, and software, will satisfactorily perform the task for which it was designed or intended, for a specified time and in a specified environment. 5. What is computer hacking? Computer hacking refers to the practice of modifying or altering computer software and hardware to accomplish a goal that is considered to be outside of the creator's original objective. 6. What are liabilities? A liability is anything that you owe. For example a credit card debt. 7. What is ethical hacking? Hacking can be either of positive or negative purposes. The positive purpose of hacking is called ethical hacking. It is also called white hat computer hacking. 8. Define course accreditation? The normal procedure by which an engineering institution accredits a degree course starts with a written submission from the department offering the course to the Institution. 9. Define ethics and software engineering? Ethics are more than moral and law. It defines society acceptable behavior. Software engineer should act according to ethics. 10.Diff. b/w public and private companies? Public companies are allowed to offer their share to the public and their names must end with the word “Public limited company. There is no limit for the number of members. A private company cannot offer its shares to the public and its name must end with the word “limited”. It has limited members up to 200. 11.What is centralization? Centralization states that only top management of organization has decision making authority. 12.What are the sources of funds? i. Grants ii. Loans iii. Equity capital 13.What are the categories of costs? i. Raw material and bought-in items ii. Overheads iii. Cost of equipment iv. Direct labor cost 14.What are current assets and fixed assets? The basic difference between fixed asset and current asset lies in the fact that how liquid the assets are, i.e. if they can be converted into cash within one year, then they are considered as a current asset while when the asset is kept by the firm for more than one accounting year, then it is known as fixed assets. 15.Draw a company management structure? 16.Write down any four levels of justification to study computer ethics? Level One We should study computer ethics because doing so will make us behave like responsible professionals. Level Two We should study computer ethics because doing so will teach us how to avoid computer abuse and catastrophes. Level Three We should study computer ethics because the advance of computing technology will continue to create temporary policy vacuums. Level Four We should study computer ethics because the use of computing permanently transforms certain ethical issues to the degree that their alterations require independent study. 17.According to cyber crime bill 2007, how spoofing is treated? The proposed law titled as Prevention of Electronic Crimes Bill 2007 offers penalties ranging from six months imprisonment to capital punishment for 17 types of cyber crimes, including cyber terrorism, spoofing, hacking of websites and criminal access to secure data. 18.Differentiate between copyright and patent? Patents refer to an invention, whereas copyrights refer to the expression of an idea, such as an artistic work. 19.Define code of ethics? A code of ethics is a document, usually issued by a board of directors, that outlines a set of principles that affect decision- making. 20.What is discrimination? Discrimination means treating a person unfairly based on the group, class, or category of person. 21.Give any two internet security issues? i. Hacking ii. Viruses 22.What is regulatory body? Its purpose is to protect, promote and maintain the health and safety of the public by ensuring proper standards in the practice of medicine. 23.What are non-commercial bodies? A 'non-commercial body' is a body organized solely for purposes other than profit and operates not for profit whose income is used by the body to assist it in achieving its purposes. 24.Differentiate b/w different types of limited companies? i. Limited by guarantee: In this, The members guarantee the payment of certain fixed, usually small amount towards the company’s debts if the company wound up otherwise they have no economic rights in relation to the company. ii. Limited by shares: In this, the liability of each shareholder is limited to the amount individually invested. Most common form of company. 25.Differentiate between computer science and information technology? IT professionals should enjoy installing computer systems, using software and maintaining networks and databases, while computer scientists should enjoy mathematics and software design. In general, the relationship between information technology and computer science is quite close and interdependent. 26. Differentiate b/w current and non-current liabilities? Noncurrent liabilities, also called long-term liabilities, are long- term financial obligations listed on a company's balance sheet that are not due for settlement within one year – as opposed to current liabilities which are short-term debts. 27.Give the statement of health and safety at work ACT 1974? “Provision and maintenance of a working environment for his employees that is, so far as is reasonably practicable, safe, without risks to health, and adequate as regards facilities and arrangements for their welfare at work.” 28.In which cases shareholders can be the directors? Directors are elected by shareholders. Shareholder can be the director if is elected by other shareholders.