IIA IIA-CIA-Part3 Quiz 28 Topic 11 Questions 136-140

Question: 1

Which of the following purchasing scenarios would gain the greatest benefit from implementing electronic data interchange?

AA time-sensitive just-in-time purchase environment.

BA large volume of custom purchases.

CA variable volume sensitive to material cost.

DA currently inefficient purchasing process.

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Question: 2

Which of the following statements is true regarding the roles and responsibilities associated with a corporate social responsibility (CSR) program?

AThe board has overall responsibility for the internal control processes associated with the CSR program.

BManagement has overall responsibility for the effectiveness of governance, risk management, and internal control processes associated with the CSR program.

CThe internal audit activity is responsible for ensuring that CSR principles are integrated into the
organization's policies and procedures.

DEvery employee has a responsibility for ensuring the success of the organization's CSR objectives.

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Question: 3

According to Porter's model of competitive strategy, which of the following is a generic strategy?

1 Differentiation.

2) Competitive advantage.

3) Focused differentiation.

4) Cost focus.

A2 only

B3 and 4 only

C1, 3, and 4 only

D1, 2, 3, and 4

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Question: 4

According to the waterfall cycle approach to systems development, which of the following sequence of events is correct?

AProgram design, system requirements, software design, analysis, coding, testing, operations.

BSystem requirements, software design, analysis, program design, testing, coding, operations.

CSystem requirements, software design, analysis, program design, coding, testing, operations.

DSystem requirements, analysis, coding, software design, program design, testing, operations.

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Question: 5

Which of the following is the most likely reason an organization may decide to undertake a stock split?

ATo keep stock price constant.

BTo keep shareholders' equity constant.

CTo increase shareholders' equity.

DTo enhance the stock liquidity.

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IIA IIA-CIA-Part3 Quiz:28 Topic:11 Questions:136-140