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Which of the following is useful for forecasting the required level of inventory?
Which of the following is useful for forecasting the required level of inventory? 1) Statistical modeling. 2) Information about seasonal variations in demand. 3) Knowledge of the behavior of different business cycles. 4) Pricing models linked to seasonal demand.A . 1 and 2 onlyB . 2 and 3 onlyC ....
Which of the following does not provide operational assurance that a computer system is operating properly?
Which of the following does not provide operational assurance that a computer system is operating properly?A . Performing a system audit.B . Making system changes.C . Testing policy compliance.D . Conducting system monitoring.View AnswerAnswer: B
In an organization where enterprise risk management practices are mature, which of the following is a core internal audit role?
In an organization where enterprise risk management practices are mature, which of the following is a core internal audit role?A . Giving assurance that risks are evaluated correctly.B . Developing the risk management strategy for the board's approval.C . Facilitating the identification and evaluation of risks.D . Coaching management in...
Which control activity should not be part of this review?
An internal auditor is reviewing physical and environmental controls for an IT organization . Which control activity should not be part of this review?A . Develop and test the organization's disaster recovery plan.B . Install and test fire detection and suppression equipment.C . Restrict access to tangible IT resources.D ....
A company's financial balance sheet is presented below:
A company's financial balance sheet is presented below: The company has net working capital of:A . $160B . $210C . $350D . $490View AnswerAnswer: B
Preferred stock is less risky for investors than is common stock because:
Preferred stock is less risky for investors than is common stock because:A . Common stock pays dividends as a stated percentage of face value.B . Common stock has priority over preferred stock with regard to earnings and assets.C . Preferred dividends are usually cumulative.D . Preferred stock with no conversion...
Multinational organizations generally spend more time and effort to identify and evaluate:
Multinational organizations generally spend more time and effort to identify and evaluate:A . Internal strengths and weaknesses.B . Break-even points.C . External trends and events.D . Internal risk factors.View AnswerAnswer: C
What is the shortest number of days in which the project can be completed?
Refer to the exhibit. The figure below shows the network diagram for the activities of a large project . What is the shortest number of days in which the project can be completed?A . 21 days.B . 22 days.C . 27 days.D . 51 days.View AnswerAnswer: C
According to the ISO 14001 standard, which of the following is not included in the requirements for a quality management system?
According to the ISO 14001 standard, which of the following is not included in the requirements for a quality management system?A . Key processes across the entity which impact quality must be identified and included.B . The quality management system must be documented in the articles of incorporation, quality manual,...
A software that translates hypertext markup language (HTML) documents and allows a user to view a remote web page is called:
A software that translates hypertext markup language (HTML) documents and allows a user to view a remote web page is called:A . A transmission control protocol/Internet protocol (TCP/IP).B . An operating system.C . A web browser.D . A web server.View AnswerAnswer: C
