QUESTION 55
The process of adding resources to shorten selected activity times on the critical path in project scheduling is called:

QUESTION 56
Which of the following is an example of a smart device security control intended to prevent unauthorized users from gaining access to a device’s data or applications?

QUESTION 57
Which of the following price adjustment strategies encourages prompt payment?

QUESTION 58
In creating a risk-based plan, which of the following best describes a top-down approach to understanding business processes?

QUESTION 59
An organization’s balance sheet indicates that the total asset amount and the total capital stock amount remained unchanged from one year to the next, and no dividends were declared or paid. However, the organization reported a loss of $200,000. Which of the following describes the most likely year-over-year change to the organization’s total liabilities and total stockholder equity?

QUESTION 60
Which of the following is the elementary unit of data storage used to represent individual attributes of an entity?

QUESTION 61
Which of the following COSO internal control framework components encompasses establishing structures, reporting lines, authorities, and responsibilities?

QUESTION 62
In Year 2, a manufacturing company instituted a total quality management TQM) program producing the following report:

On the basis of this report, which one of the fallowing statements is most likely true?

QUESTION 63
Which of the following inventory items would be the most frequently reviewed in an ABC inventory control system?

QUESTION 64
A company stocks, maintains, and distributes inventory. The company decides to add to the safety stock and expedite delivery for several product lines on a trial basis. For the selected product lines, the company will experience:

QUESTION 65
Data access security related to applications may be enforced through all of the following except:

QUESTION 66
Which combination below explains the impact of credit card interest incurred and paid during the period on1) equity on the balance sheet and2) the statement of cash flows?

QUESTION 67
The critical path for any project is the path that exhibits which of the following characteristics?

QUESTION 68
According to IIA guidance, which of the following is a typical risk associated with the tender process and contracting stage of an organization’s IT outsourcing life cycle?

QUESTION 69
Organizations mat adopt just-in-time purchasing systems often experience which of the following?

QUESTION 70
The primary difference between PERT and CPM is that:

QUESTION 71
Which must be part of any risk model involving inventory valuation?

QUESTION 72
A company plans to implement a bonus plan based on segment performance. In addition, the company plans to convert to a responsibility accounting system for segment reporting. The following costs which have been included in the segment performance reports that
have been prepared under the current system are being reviewed to determine if they should be included in the responsibility accounting segment reports:
I. Corporate administrative costs allocated on the basis of net segment sales.
II. Personnel costs assigned on the basis of the number of employees in each segment
III. Fixed computer facility costs divided equally among each segment
IV.
Variable computer operational costs charged to each segment based on actual hours used times a predetermined standard rate; any variable cost efficiency or inefficiency remains in the computer department. Of these four cost items, the only item that could logically be included in the segment performance reports prepared on a responsibility accounting basis would be the

QUESTION 73
An organization invests excess snort-term cash in trading securities. When of the following actions should an internal auditor take to test the valuation of those securities?

QUESTION 74
Management has established a performance measurement focused on the accuracy of disbursements. The disbursement statistics, provided daily to ail accounts payable and audit staff, include details of payments stratified by amount and frequency. Which of the following is likely to be the greatest concern regarding this performance measurement?

QUESTION 75
The marketing department’s proposal was finally accepted, and the marketing employees attended a class in using the report writer. Soon, the marketing analysts found that it was easier to download the data and manipulate it on their own desktop computers in spreadsheets than to perform all the data manipulation on the server. One analyst became highly skilled at downloading and wrote downloading command sequences for the other employees. When the analyst left the company for a better job, the department had problems making modifications to these command sequences. The department’s problems are most likely due to inadequate:

QUESTION 76
Which of the following is the primary benefit of including end users in the system development process?

QUESTION 77
Which of the following is a characteristic of big data?

QUESTION 78
COBIT is: