Which of the following professional organizations sets standards for quality and environmental audits?

• A.The International Organization of Supreme Audit Institutions.
• B.The International Standards Organization.
• C.The Board of Environmental, Health, and Safety Auditor Certifications.
• D.The Committee of Sponsoring Organizations of the Treadway Commission.

Comment: *

Name: *

Email: *

Verification: *

According to Herzberg's Two-Factor Theory of Motivation, which of the following is a factor mentioned most often by satisfied employees?

• A.Achievement
• B.Salary
• C.Relationship with supervisor
• D.Security.

Comment: *

Name: *

Email: *

Verification: *

What ensures that a company is complying with the documented quality management system
QMS: procedures and ISO 9000 standards?

• A.The internal audit.
• B.The registrar.
• C.On-site inspections by an external auditor.
• D.Management commitment.

Comment: *

Name: *

Email: *

Verification: *

Which of the following is required in effective IT change management?

• A.Change management follows a consistent process and is done in a controlled environment.
• B.The sole responsibility for change management is assigned to an experienced and competent IT team
• C.Internal audit participates in the implementation of change management throughout the organisation.
• D.All changes to systems must be approved by the highest level of authority within an organization.

Comment: *

Name: *

Email: *

Verification: *

On August 1 Jones leased property to Smith for a 5-year period. The annual US $20,000 lease payment is payable at the end of each year. The expected residual value at the end of the lease term is US $10,000. Jones's implicit interest rate is 12%. The cost of the property to Jones was US $50,000, which is the fair value at the lease date. The present value of an ordinary annuity of I for five periods is 3.605. The present value of I at the end of five periods is .567. At the inception of the lease, the recorded gross investment is:

• A.US $110,000
• B.US $100,000
• C.US $72.100
• D.US $90.000

Comment: *

Name: *

Email: *

Verification: *