Which of the following should software auditors do when reporting internal audit findings related to enterprisewide resource planning?

A. Draft separate audit reports for business and IT management.

B. Conned IT audit findings to business issues.

C. Include technical details to support IT issues.

D. Include an opinion on financial reporting accuracy and completeness.

Which of the following attributes of data are cybersecurity controls primarily designed to protect?

A. Veracity, velocity, and variety

B. Integrity, availability, and confidentiality

C. Accessibility, accuracy, and effectiveness

D. Authorization, logical access, and physical access.

Which of the following business practices promotes a culture of high performance?

A. Reiterating the importance of compliance with established policies and procedures.

B. Celebrating employees' individual excellence.

C. Periodically rotating operational managers

D. Avoiding status differences among employees

Which of the following lists best describes the classification of manufacturing costs?

A. Direct materials, indirect materials, raw materials.

B. Overhead costs, direct labor, direct materials.

C. Direct materials, direct labor, depreciation on factory buildings.

D. Raw materials, factory employees' wages, production selling expenses.

Which of the following statements is true concerning the basic accounting treatment of a partnership?

A. The initial investment of each partner should be recorded at book value.

B. The ownership ratio identifies the basis for dividing net income and net toss.

C. A partner's capital only changes due to net income or net loss.

D. The basis for sharing net incomes or net kisses must be fixed.

Which of the following is a benefit from the concept of Internet of Things?

A. Employees can choose from a variety of devices they want to utilize to privately read work emails without their employer’s knowledge.

B. Physical devices, such as thermostats and heat pumps, can be set to react to electricity market changes and reduce costs.

C. Information can be extracted more efficiently from databases and transmitted to relevant applications for in-depth analytics.

D. Data mining and data collection from internet and social networks is easier, and the results are more comprehensive

Which of the following network types should an organization choose if it wants to allow access only to its own personnel?

A. An extranet

B. A local area network

C. An Intranet

D. The internet

Which of the following is an example of a contingent liability that a company should record?

A. A potential assessment of additional income tax.

B. Possible product warranty costs.

C. The threat of a lawsuit by a competitor.

D. The remote possibility of a contract breach.

A company that supplies medications to large hospitals relies heavily on subcontractors to replenish any shortages within 24 hours. Where should internal auditors look for evidence that subcontractors are held responsible for this obligation?

A. The company's code of ethics.

B. The third-party management risk register.

C. The signed service-level agreement.

D. The subcontractors' annual satisfaction survey.

Which of the following is classified as a product cost using the variable costing method?
1. Direct labor costs.
2. Insurance on a factory.
3. Manufacturing supplies.
4. Packaging and shipping costa.

A. 1 and 2

B. 1 and 3

C. 2 and 4

D. 3 and 4

After purchasing shoes from an online retailer, a customer continued to receive additional unsolicited offers from the retailer and other retailers who offer similar products.
Which of the following is the most likely control weakness demonstrated by the seller?

A. Excessive collecting of information

B. Application of social engineering

C. Retention of incomplete information.

D. Undue disclosure of information

At an organization that uses a periodic inventory system, the accountant accidentally understated the organization s beginning inventory. How would the accountant's accident impact the income statement?

A. Cost of goods sold will be understated and net income will be overstated.

B. Cost of goods sold will be overstated and net income will be understated

C. Cost of goods sold will be understated and there Wi-Fi be no impact on net income.

D. There will be no impact on cost of goods sold and net income will be overstated