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A software that translates hypertext markup language (HTML) documents and allows a user to view a remote web page is called:

A.

A transmission control protocol/Internet protocol (TCP/IP).

B.

An operating system.

C.

A web browser.

D.

A web server.

Technological uncertainty, subsidy, and spin-offs are usually characteristics of:

A.

Fragmented industries.

B.

Declining industries.

C.

Mature industries.

D.

Emerging industries.

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

A.

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

B.

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

C.

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

D.

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

Which of the following engagement observations would provide the least motivation for management to amend or replace an existing cost accounting system?

A.

The distorted unit cost of a service is 50 percent lower than the true cost, while the true cost is 50 percent higher than the competition's cost.

B.

The organization is losing $1,000,000 annually because it incorrectly outsourced an operation based on information from its current system.

C.

The cost of rework, hidden by the current system, is 50 percent of the total cost of all services.

D.

50 percent of total organizational cost has been allocated on a volume basis.

Which audit approach should be employed to test the accuracy of information housed in a database on an un-networked computer?

A.

Submit batches of test transactions through the current system and verify with expected results.

B.

Use a test program to simulate the normal data entering process.

C.

Select a sample of records from the database and ensure it matches supporting documentation.

D.

Evaluate compliance with the organization's change management process.

Which of the following strategies would most likely prevent an organization from adjusting to evolving industry market conditions?

A.

Specializing in proven manufacturing techniques that have made the organization profitable in the past.

B.

Substituting its own production technology with advanced techniques used by its competitors.

C.

Forgoing profits over a period of time to gain market share from its competitors.

D.

Using the same branding to sell its products through new sales channels to target new markets.

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

A.

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

B.

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

C.

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

D.

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

International marketing activities often begin with:

A.

Standardization.

B.

Global marketing.

C.

Limited exporting.

D.

Domestic marketing.

When developing an effective risk-based plan to determine audit priorities, an internal audit activity should start by:

A.

Identifying risks to the organization's operations.

B.

Observing and analyzing controls.

C.

Prioritizing known risks.

D.

Reviewing organizational objectives.

An organization had three large centralized divisions: one that received customer orders for service work; one that scheduled the service work at customer locations; and one that answered customer calls about service

problems. These three divisions were restructured into seven regional groups, each of which performed all three functions. One advantage of this restructuring would be:

A.

Better internal controls.

B.

Greater economies of scale.

C.

Improved work flow.

D.

Increased specialization.