Which of the following is a risk that is higher when an electronic funds transfer EFT system is used?
An organization requires an average of 58 days to convert raw materials into finished products to sell. An additional 42 days is required to collect receivables. If the organization takes an average of 10 days to pay for raw materials, how long is its total cash conversion cycle?
The expected value of perfect information is the:
Which of the following are likely indicators of ineffective change management?
1.IT management is unable to predict how a change will impact interdependent systems or business processes.
2.There have been significant increases in trouble calls or in support hours logged by programmers.
3.There is a lack of turnover in the systems support and business analyst development groups.
4.Emergency changes that bypass the normal control process frequently are deemed necessary.
Which of the following is a necessary action for an internal audit function if senior management chooses not to take action to remediate the finding and accepts the risk?
