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Which of the following statements describes the typical benefit of using a flat organizational structure for the internal audit activity, compared to a hierarchical structure?
Which of the following statements describes the typical benefit of using a flat organizational structure for the internal audit activity, compared to a hierarchical structure?A . A flat structure results in lower operating and support costs than a hierarchical structure. B. A flat structure results in a stable and very...
Which of the following best explains the matching principle?
Which of the following best explains the matching principle?A . Revenues should be recognized when earned. B. Revenue recognition is matched with cash. C. Expense recognition is tied to revenue recognition. D. Expenses are recognized at each accounting period.View AnswerAnswer: C
Which of the following is a disadvantage in a centralized organizational structure?
Which of the following is a disadvantage in a centralized organizational structure?A . Communication conflicts B. Slower decision making. C. Loss of economies of scale D. Vulnerabilities in sharing knowledgeView AnswerAnswer: C
Which of the following controls would be the most effective in preventing the disclosure of an organization's confidential electronic information?
Which of the following controls would be the most effective in preventing the disclosure of an organization's confidential electronic information?A . Nondisclosure agreements between the firm and its employees. B. Logs of user activity within the information system. C. Two-factor authentication for access into the information system. D. limited access...
