Which of the following is the most appropriate test to assess the privacy risks associated with an organization's workstations?

• A.Social engineering test.
• B.Vulnerability test.
• C.Physical control test.
• D.Penetration test.

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An entity plans to tighten its credit policy. The new policy will decrease the average number of days in collection from 75 to 50 days and will reduce the ratio of credit sales to total revenue from 70% to 60%. The entity estimates that projected sales will be 5% less if the proposed new credit policy is implemented. If projected sales for the coming year are US $50 million, calculate the dollar impact on accounts receivable of this proposed change in credit policy. Assume a 360-day year.

• A.US $3,817,445 decrease
• B.US $6,500,000 decrease
• C.US $3,333,334 decrease
• D.US $18,749,778 increase

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If, in addition to the estimated profits, management of the bank assesses the probabilities of high, medium, and low demands to be 0.3, 0.4 and 0.3, respectively, what is the expected opportunity loss from selecting location L4?

• A.US$5.50
• B.US$7.90
• C.US$7.50
• D.US$5.00

Correct Answer: A

First, the opportunity loss matrix must be prepared:

The expected opportunity loss from selecting location L4 is thus US $5.50 [($3 x 0.3) + ($4 x 0.4) + ($10 x)

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International marketing activities often begin with:

• A.Limited exporting.
• B.Domestic marketing.
• C.Standardization.
• D.Global marketing.

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Auditors making database queries often need to combine several tables to get the information they want. One approach to combining tables is known as:

• A.Extraction.
• B.Joining.
• C.Sorting.
• D.Summarization.

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