A periodic report can facilitate management by exception by
A. including complete alphabetic descriptions for each numeric entry
B. including only those transactions that fall within predetermined limits of acceptable performance
C. consolidation of multiple transactions into a summary form
D. comparing actual performance with acceptable standards
E. None of the above
Answer: Option D
Which of the following is(are) true of the EDP auditors?
A. they should have computer expertise
B. they will be replaced by traditional auditors in the near future
C. two of the above
D. currently, there is a very high demand for them, particularly from firms that use personal computers
E. None of the above
Controls of data communication deal with
A. the communication channel
B. the computer
C. terminals
D. All of the above
E. None of the above
A. depositing cash when bank is closed
B. paying bank customer bills automatically
C. storing papers in a bank vault
D. depositing payments to bank customers
E. None of the above
Critical path of the PERT chart is:
A. path which takes the longest time to complete the project
B. the shortest path
C. both of the above
D. path which takes the shortest time to complete the project
E. None of the above
Join The Discussion