BEC Quiz 29

bec-quiz-29

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Question 1 of 1

Time Left

146736

300

block

Which of the following did Dodd‐Frank do regarding a whistleblower's right to sue for retaliation accorded by SOX?

Select the correct answer(s).

(0/0)

146737

300

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The Attribute Standards and Performance Standards include "Implementation Standards" that clarify differential requirements between "assurance" activities and "consulting" activities associated with internal auditing.

Select the correct answer(s).

(0/0)

146738

300

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The Performance Standards address characteristics of organizations and individuals who provide internal audit services.

Select the correct answer(s).

(0/0)

146739

300

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Controls in the information technology area are classified into the categories of preventive; detective; and corrective. Which of the following is a preventive control?

Select the correct answer(s).

(0/0)

146740

300

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In the short‐run; in perfect competition; total profits are maximized at the level of output where marginal revenue equals (rising) marginal cost.

Select the correct answer(s).

(0/0)

146741

300

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Providing user documentation; maintaining fire suppression equipment in the File Library; and using usernames and passwords to control access to the system are all examples of General Controls.

Select the correct answer(s).

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146742

300

none

The natural rate of unemployment in the U.S. economy results from all categories of unemployment except cyclical unemployment.

Select the correct answer(s).

(0/0)

146743

300

none

Aggregate demand measures total spending on all goods and services at different price levels.

Select the correct answer(s).

(0/0)

146744

300

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According to the 17 COSO control principles; addressing control deficiencies primarily relates to which fundamental component of internal control:

Select the correct answer(s).

(0/0)

146745

300

none

The IIA's International Professional Practices Framework includes among its "mandatory" guidance each of the following elements except

Select the correct answer(s).

(0/0)

146746

300

none

Company management completes event identification and analyzes the risks. The company wishes to assess its risk after management's response to the risk. According to COSO's Enterprise Risk Management Framework; which of the following types of risk does this situation represent?

Select the correct answer(s).

(0/0)

146747

300

none

This is the process of identifying; analyzing; and managing the risks involved in achieving the organization's objectives.

Select the correct answer(s).

(0/0)

146748

300

none

Potential gross domestic product measures the maximum final output that can occur without creating upward pressure on the general level of prices.

Select the correct answer(s).

(0/0)

146749

300

none

In the short‐run; in perfect competition; total profits are maximized at the level of output where the difference between total revenue and total cost is greatest.

Select the correct answer(s).

(0/0)

146750

300

none

Keller Company has implemented an enterprise risk management system and has responded to a particular risk by adding internal controls. Such a response is characterized by COSO’s Enterprise Risk Management Framework as:

BEC Quiz 29

Question 1 of 1

Time Left

Which of the following did Dodd‐Frank do regarding a whistleblower's right to sue for retaliation accorded by SOX?

Select the correct answer(s).

(0/0)

The Attribute Standards and Performance Standards include "Implementation Standards" that clarify differential requirements between "assurance" activities and "consulting" activities associated with internal auditing.

Select the correct answer(s).

(0/0)

The Performance Standards address characteristics of organizations and individuals who provide internal audit services.

Select the correct answer(s).

(0/0)

Controls in the information technology area are classified into the categories of preventive; detective; and corrective. Which of the following is a preventive control?

Select the correct answer(s).

(0/0)

In the short‐run; in perfect competition; total profits are maximized at the level of output where marginal revenue equals (rising) marginal cost.

Select the correct answer(s).

(0/0)

Providing user documentation; maintaining fire suppression equipment in the File Library; and using usernames and passwords to control access to the system are all examples of General Controls.

Select the correct answer(s).

(0/0)

The natural rate of unemployment in the U.S. economy results from all categories of unemployment except cyclical unemployment.

Select the correct answer(s).

(0/0)

Aggregate demand measures total spending on all goods and services at different price levels.

Select the correct answer(s).

(0/0)

According to the 17 COSO control principles; addressing control deficiencies primarily relates to which fundamental component of internal control:

Select the correct answer(s).

(0/0)

The IIA's International Professional Practices Framework includes among its "mandatory" guidance each of the following elements except

Select the correct answer(s).

(0/0)

Company management completes event identification and analyzes the risks. The company wishes to assess its risk after management's response to the risk. According to COSO's Enterprise Risk Management Framework; which of the following types of risk does this situation represent?

Select the correct answer(s).

(0/0)

This is the process of identifying; analyzing; and managing the risks involved in achieving the organization's objectives.

Select the correct answer(s).

(0/0)

Potential gross domestic product measures the maximum final output that can occur without creating upward pressure on the general level of prices.

Select the correct answer(s).

(0/0)

In the short‐run; in perfect competition; total profits are maximized at the level of output where the difference between total revenue and total cost is greatest.

Select the correct answer(s).

(0/0)

Keller Company has implemented an enterprise risk management system and has responded to a particular risk by adding internal controls. Such a response is characterized by COSO’s Enterprise Risk Management Framework as:

Select the correct answer(s).

(0/0)

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