Which of the following purchasing scenarios would gain the greatest benefit from implementing electronic cate interchange?

• A.A variable volume sensitive to material cost
• B.A currently inefficient purchasing process
• C.A just-in-time purchasing environment
• D.A Large volume of custom purchases

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Exchange rates are determined by:

• A.Each industrial country's government.
• B.The International Monetary Fund.
• C.Supply and demand in the foreign currency market.
• D.Exporters and importers of manufactured goods.

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A bank uses customer departmentalization to categorize its departments. Which of the following groups best exemplifies this method of categorization?

• A.South southwest and east.
• B.Teller manager and IT specialist
• C.Mortgages credit cards and savings
• D.Community institutional and agricultural banking.

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Which of the following application-based controls is an example of a programmed edit check?

• A.Authorization for access.
• B.Input error correction.
• C.Transaction log.
• D.Reasonableness check.

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Which of the following is a disadvantage of selecting a commercial software package rather than developing an application internally?

• A.Employee resistance to change.
• B.Lack of flexibility.
• C.Incompatibility with client/server technology.
• D.Inadequate technical support.

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