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A holding company set up a centralized group technology department, using a local area network with a mainframe computer to process accounting information for all companies within the group. An internal auditor would expect to find all of the following controls within the technology department except:
A holding company set up a centralized group technology department, using a local area network with a mainframe computer to process accounting information for all companies within the group. An internal auditor would expect to find all of the following controls within the technology department except:A . Adequate segregation of...
What must be monitored in order to manage risk of consumer product inventory obsolescence?
What must be monitored in order to manage risk of consumer product inventory obsolescence? 1) Inventory balances. 2) Market share forecasts. 3) Sales returns. 4) Sales trends.A . 1 onlyB . 4 onlyC . 1 and 4 onlyD . 1, 2, and 3 onlyView AnswerAnswer: C
Which of the following conflict resolution methods should be applied when the intention of the parties is to solve the problem by clarifying differences and attaining everyone's objectives?
Which of the following conflict resolution methods should be applied when the intention of the parties is to solve the problem by clarifying differences and attaining everyone's objectives?A . Accommodating.B . Compromising.C . Collaborating.D . Competing.View AnswerAnswer: C
If legal or regulatory standards prohibit conformance with certain parts of The IIA's Standards, the auditor should do which of the following?
If legal or regulatory standards prohibit conformance with certain parts of The IIA's Standards, the auditor should do which of the following?A . Conform with all other parts of The IIA's Standards and provide appropriate disclosures.B . Conform with all other parts of The IIA's Standards; there is no need...
Which of the following local area network physical layouts is subject to the greatest risk of failure if one device fails?
Which of the following local area network physical layouts is subject to the greatest risk of failure if one device fails?A . Star network.B . Bus network.C . Token ring network.D . Mesh network.View AnswerAnswer: C
Which of the following is always true regarding the use of encryption algorithms based on public key infrastructure (PKI)?
Which of the following is always true regarding the use of encryption algorithms based on public key infrastructure (PKI)?A . PKI uses an independent administrator to manage the public key.B . The public key is authenticated against reliable third-party identification.C . PKI's public accessibility allows it to be used readily...
Which of the following steps should an internal auditor take during an audit of an organization's business continuity plans?
Which of the following steps should an internal auditor take during an audit of an organization's business continuity plans? 1) Evaluate the business continuity plans for adequacy and currency. 2) Prepare a business impact analysis regarding the loss of critical business. 3) Identify key personnel who will be required to...
Which of the following statements is true regarding the resolution of interpersonal conflict?
Which of the following statements is true regarding the resolution of interpersonal conflict?A . Unrealized expectations can be avoided with open and honest discussion.B . Reorganization would probably not help ambiguous or overlapping jurisdictions.C . Deferring action should be used until there is sufficient time to fully deal with the...
A small furniture-manufacturing firm with 100 employees is located in a two-story building and does not plan to expand. The furniture manufactured is not special-ordered or custom-made.
A small furniture-manufacturing firm with 100 employees is located in a two-story building and does not plan to expand. The furniture manufactured is not special-ordered or custom-made. The most likely structure for this organization would be:A . Functional departmentalization.B . Product departmentalization.C . Matrix organization.D . Divisional organization.View AnswerAnswer: A
In the screening process, which of the following traits would be required to make a manager a successful expatriate?
A global business organization is selecting managers to post to various international (expatriate) assignments. In the screening process, which of the following traits would be required to make a manager a successful expatriate? 1) Superior technical competence. 2) Willingness to attempt to communicate in a foreign language. 3) Ability to...
