IIA-CIA-Part3

Which of the following stages of group development is associated with accepting team responsibilities?A . Forming stage.B . Performing stage.C . Norming stage.D . Storming stage.View AnswerAnswer: C

Capacity overbuilding is most likely to occur when management is focused on which of the following?A . Marketing.B . Finance.C . Production.D . Diversification.View AnswerAnswer: C

Which of the following is not a method for implementing a new application system?A . Direct cutover.B . Parallel.C . Pilot.D . Test.View AnswerAnswer: D

5 Based on this data, which of the following describes the value of Cost X in relation to the value of Output Produced?A . Cost X is a variable cost.B . Cost X is a fixed cost.C . Cost X is a semi-fixed cost.D . Cost X and the value...

Which of the following is an example of a risk avoidance response?A . Buying an insurance policy to protect against loss events.B . Hedging against natural gas price fluctuations.C . Selling a non-strategic business unit.D . Outsourcing a high risk process to a third party.View AnswerAnswer: C

Which of the following best describes a market signal?A . The bargaining power of buyers is forcing a drop in market prices.B . There is pressure from the competitor's substitute products.C . Strategic analysis by the organization indicates feasibility of expanding to new market niches.D . The competitor announces a...

An organization produces two products, X and Y. The materials used for the production of both products are limited to 500 kilograms (kg) per month. All other resources are unlimited and their costs are fixed. Individual product details are as follows: Product X Product Y Selling price per unit $10...

Which of the following is a disadvantage of selecting a commercial software package rather than developing an application internally?A . Lack of flexibility.B . Incompatibility with client/server technology.C . Employee resistance to change.D . Inadequate technical support.View AnswerAnswer: A

An organization has recorded the following profit and expenses: Profit before interest and tax $200,000 Sales $2,300,000 Purchases of materials $700,000 Interest expenses $30,000 If the value-added tax (VAT) rate is 20 percent and the corporate tax rate is 30 percent, which of the following is the amount of VAT...

Which of the following is a role of the board of directors in the governance process?A . Conduct periodic assessments of the organization's governance systems.B . Obtain assurance concerning the effectiveness of the organization's governance systems.C . Implement an effective system of internal controls to support the organization's governance systems.D...