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Which of the following types of smart device risks should the internal Auditor be most concerned about?
An internal auditor is assessing the risks related to an organization's mobile device policy. She notes that the organization allows third parties (vendors and visitors) to use outside smart devices to access its proprietary networks and systems. Which of the following types of smart device risks should the internal Auditor...
Which of the following is likely to be the greatest concern regarding this performance measurement?
Management has established a performance measurement focused on the accuracy of disbursements. The disbursement statistics, provided daily to ail accounts payable and audit staff, include details of payments stratified by amount and frequency. Which of the following is likely to be the greatest concern regarding this performance measurement?A . Articulation...
Which of the following can be classified as debt investments?
Which of the following can be classified as debt investments?A . Investments in the capital stock of a corporation B. Acquisition of government bonds. C. Contents of an investment portfolio, D. Acquisition of common stock of a corporationView AnswerAnswer: B
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 security controls would be me most effective in preventing security breaches?
Which of the following security controls would be me most effective in preventing security breaches?A . Approval of identity request B. Access logging. C. Monitoring privileged accounts D. Audit of access rightsView AnswerAnswer: D
Which of the following is an example of a physical control?
Which of the following is an example of a physical control?A . Providing fire detection and suppression equipment B. Establishing a physical security policy and promoting it throughout the organization C. Performing business continuity and disaster recovery planning D. Keeping an offsite backup of the organization's critical dataView AnswerAnswer: A
Assuming there is adequate manufacturing capacity and ail other variables are constant, what is the relevant cost per unit to consider when deciding whether to accept this special order at the reduced price?
A company produces water buckets with the following costs per bucket: Direct labor = 82 Direct material = $5 Fixed manufacturing = 83.50 Variable manufacturing = 82.50 The water buckets are usually sold for $15. However, the company received a special order for 50.000 water buckets at 311 each. Assuming...
With regard to project management, which of the following statements about project crashing Is true?
With regard to project management, which of the following statements about project crashing Is true?A . It leads to an increase in risk and often results in rework. B. It is an optimization technique where activities are performed in parallel rather than sequentially. C. It involves a revaluation of project...
Which of the following network types is illustrated by this scenario?
In an effort to increase business efficiencies and improve customer service offered to its major trading partners, management of a manufacturing and distribution company established a secure network, which provides a secure channel for electronic data interchange between the company and its partners. Which of the following network types is...
How should the expense be reported on that year's financial statements?
On the last day of the year, a total cost of S 150.000 was incurred in indirect labor related to one of the key products an organization makes. How should the expense be reported on that year's financial statements?A . It should be reported as an administrative expense on the...
