Exam 5: Business Analysis and Information Technology

An organization accumulated the following data for the prior fiscal year: Value of Percentage of Quarter Output Produced Cost X 1 $4,750,000 2.9 2 $4,700,000 3.0 3 $4,350,000 3.2 4 $4,000,000 3.5 Based on this data, which of the following describes the value of Cost X in relation to the value of Output Produced?

Which of the following is a result of implementing an e-commerce system, which relies heavily on electronic data interchange and electronic funds transfer, for purchasing and billing?

Refer to the exhibit. The figure below shows the network diagram for the activities of a large project. What is the shortest number of days in which the project can be completed?

In terms of international business strategy, which of the following is true regarding a multi-domestic strategy?

Which of the following is most important for an internal auditor to check with regard to the database version?

When applied to international economics, the theory of comparative advantage proposes that total worldwide output will be greatest when:

Which of the following budgets must be prepared first?

Refer to the exhibit. If the profit margin of an organization decreases, and all else remains equal, which of the following describes how the "Funds Needed" line in the graph below will shift?

Which of the following statements regarding database management systems is not correct?

Which of the following is an example of a risk avoidance response?

Which of the following price adjustment strategies encourages prompt payment?

Which of the following conditions could lead an organization to enter into a new business through internal development rather than through acquisition?

When assessing the adequacy of a risk mitigation strategy, an internal auditor should consider which of the following? 1. Management's tolerance for specific risks. 2. The cost versus benefit of implementing a control. 3. Whether a control can mitigate multiple risks. 4. The ability to test the effectiveness of the control.

Within an enterprise, IT governance relates to the: 1. Alignment between the enterprise's IT long term plan and the organization's objectives. 2. Organizational structures of the company that are designed to ensure that IT supports the organization's strategies and objectives. 3. Operational plans established to support the IT strategies and objectives. 4. Role of the company's leadership in ensuring IT supports the organization's strategies and objectives.

A supervisor receives a complaint from an employee who is frustrated about having to learn a new software program. The supervisor responds that the new software will enable the employee to work more efficiently and with greater accuracy. This response is an example of:

Which of the following describes the free trade zone in an e-commerce environment?

Which stage of group development is characterized by a decrease in conflict and hostility among group members and an increase in cohesiveness?

Which of the following is true regarding an organization's relationship with external stakeholders?

Preferred stock is less risky for investors than is common stock because:

With regard to project management, which of the following statements about project crashing is true?