IIA IIA-CIA-Part3 Quiz 50 Topic 7 Questions 246-250

Question: 1

Which of the following statements regarding program change management is not correct?

AThe goal of the change management process is to sustain and improve organizational operations.

BThe degree of risk associated with a proposed change determines if the change request requires authorization.

CIn order to protect the production environment, changes must be managed in a repeatable, defined, and predictable manner.

DAll changes should be tested in a non-production environment before migrating to the production environment.

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Question: 2

Which of the following is a limiting factor for capacity expansion?

AGovernment pressure on organizations to increase or maintain employment.

BProduction orientation of management.

CLack of credible market leader in the industry.

DCompany diversification.

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Question: 3

The first step in determining product price is:

ADetermining the cost of the product.

BDeveloping pricing objectives.

CEvaluating prices set by the competitors.

DSelecting a pricing method.

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Question: 4

All of the following are true with regard to the first-in, first-out inventory valuation method except:

AIt values inventory close to current replacement cost.

BIt generates the highest profit when prices are rising.

CIt approximates the physical flow of goods.

DIt minimizes current-period income taxes.

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Question: 5

When writing a business memorandum, the writer should choose a writing style that achieves all of the following except:

ADraws positive attention to the writing style.

BTreats all receivers with respect.

CSuits the method of presentation and delivery.

DDevelops ideas without overstatement.

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IIA IIA-CIA-Part3 Quiz:50 Topic:7 Questions:246-250