A rapidly expanding retail organisation continues to be tightly controlled by its original small management team. Which of the following is a potential risk in this vertically centralized organization?

• A.Lack of coordination among different business units
• B.Suboptimal decision making
• C.Duplication of business activities
• D.Operational decisions are inconsistent with organizational goals

Comment: *

Name: *

Email: *

Verification: *

An audit manager has just returned from an executive training program and has suggested that the audit department develop a mathematical model to help identify factors that may be causing changes in the cost of production. According to the manager, the model should recognize that the company currently has three separate production (cost) centers. Which of the following approaches would best provide the analysis suggested by the audit manager?

• A.Develop a classical variables sampling estimate of cost of production per department, with the sample stratified by the dollar value of each product produced.
• B.Develop a 3-year ratio analysis of the cost of production compared to the cost of raw inventory across the three departments.
• C.Develop a multiple regression analysis of production costs, including such variables as raw material inventory costs, number of employees in the department, and overtime pay.
• D.Develop a linear regression analysis relating the cost of production to the cost of goods sold.

Comment: *

Name: *

Email: *

Verification: *

An internal auditor is assigned to perform data analytics. Which of the following is the next step the auditor should undertake after she has ascertained the value expected from the review?

• A.Normalize the data,
• B.Obtain the data
• C.Identify the risks.

Comment: *

Name: *

Email: *

Verification: *

With regard lo project management when of the following statements about prefect crashing is true?

• A.It leads to an increase in risk and often results in rework
• B.It is a compression technique in which resources are added to the protect
• C.It is an optimization technique where activities are performed in parallel rather than sequentially
• D.It involves a revaluation of protect requirements and/or scope.

Comment: *

Name: *

Email: *

Verification: *

Which of the following procedures would an entity most likely include in its disaster recovery plan?

• A.Convert all data from EDI format to an internal company format.
• B.Maintain a Trojan horse program to prevent illicit activity.
• C.Develop an auxiliary power supply to provide uninterrupted electricity.
• D.Store duplicate copies of files in a location away from the computer center.

Comment: *

Name: *

Email: *

Verification: *