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

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

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The following transactions and events occurred during the year:

- $300,000 of raw materials were purchased, of which $20,000 were returned because of defects
- $600,000 of direct labor costs were incurred.
- S750.000 of manufacturing overhead costs were incurred.
What is the organization's cost of goods sold for the year?

• A.$1650 000
• B.$1,610.000
• C.$1.480.000
• D.$1 500 000

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All of the following are possible explanations for a significant unfavorable material efficiency variance except:

• A.An inadequately trained and supervised labor force.
• B.A large number of rush orders.
• C.Production of more units than planned for in the master budget.
• D.Cutbacks in preventive maintenance.

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When granting third parties temporary access to an entity's computer systems, which of the following is the most effective control?

• A.User accounts specify expiration dates and are based on services provided.
• B.Administrator access is provided for a limited period.
• C.User accounts are deleted when the work is completed.
• D.Access is approved by the supervising manager.

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Which of the following storage options would give the organization the best chance of recovering data?

• A.Encrypted physical copies of the data, and their encryption keys are stored together at the organization and are readily available upon request.
• B.Encrypted physical copies of the data are stored separately from their encryption keys, and both are held in secure locations a few hours away from the organization.
• C.Encrypted reports on usage and database structure changes are stored on a cloud-based, secured database that is readily accessible.
• D.Encrypted copies of the data are stored in a separate secure location a few hours away, while the encryption keys are stored at the organization and are readily

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