Which of the following would provide the least security for sensitive data stored on a notebook computer?
An audit of the electronic data interchange EDI) area of a banking group revealed the facts listed below. Which one indicates the need for improved internal control?
An internal auditor is evaluating project management reviews of individual initiatives and development projects and system development life cycle reviews. When performing this service, the internal auditor is addressing which key e-commerce audit area?
The EOQ (economic order quantity) model calculates the cost-minimizing quantity of a product to order, based on a constant annual demand, carrying costs per unit per annum, and cost per order. For example, the EOQ is approximately 447 units if the annual demand is 10,000 units, carrying costs are US $1 per item per annum, and the cost of placing an order is US $10. What will the EOQ be if the demand falls to 5,000 units per annum and the carrying and ordering costs remain at US $1 and US $10, respectively?
A new asset with a fair value of US $100.000 and a useful life of 10 years is being leased by an entity lessee). Which of the situations below will most likely result in classifying the
lease on the lessee's books as a finance lease?
