In the output or "expenditures" approach to measuring a country's gross domestic product, which of the following calculations is used?

• A.Consumption + Investment + Government purchases + Expenditures by foreigners.
• B.Consumption + Investment + Government purchases - Expenditures by foreigners.
• C.Consumption+ Investment - Government purchases - Expenditures by foreigners.
• D.Consumption + Investment - Government purchases - Expenditures by foreigners.

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In regression analysis, which of the following correlation coefficients represents the strongest relationship between the independent and dependent variables?

• A.1.03
• B.-02
• C.-.89
• D..75

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In an organization where enterprise risk management practices are mature, which of the following is a core internal audit role?

• A.Developing the risk management strategy for the board's approval.
• B.Facilitating the identification and evaluation of risks.
• C.Coaching management in responding to risk.
• D.Giving assurance that risks are evaluated correctly.

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The cost of statistical quality control in a product quality cost system is categorized as a(n):

• A.Internal failure cost.
• B.Training cost.
• C.External failure cost.
• D.Appraisal cost.

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An organization uses the management-by-objectives method, whereby employee performance is based on defined goals Which of the following statements is true regarding this approach?

• A.It is particularly helpful to management when the organization is facing rapid change
• B.It is a more successful approach when adopted by mechanistic organizations
• C.It is more successful when goal-setting is performed not only by management, but by an team members, including lower-level staff.
• D.It is particularly successful in environments that are prone to having poor employer-employee relations

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