<< Prev Question Next Question >>

Question 16/204

Which of the following methods, if used in conjunction with electronic data interchange (EDI), will improve the organization's cash management program, reduce transaction data input time and errors, and allow the organization to negotiate discounts with EDI vendors based on prompt payment?

LEAVE A REPLY

Your email address will not be published. Required fields are marked *

Question List (204q)
Question 1: Which of the following should an organization consider when ...
Question 2: A capital investment project will have a higher net present ...
Question 3: According to the International Professional Practices Framew...
Question 4: Which of the following is the primary benefit of including e...
Question 5: An organization uses a database management system (DBMS) as ...
Question 6: According to IIA guidance, which of the following would be a...
Question 7: Which of the following is false with regard to Internet conn...
Question 8: An internal auditor is trying to assess control risk and the...
Question 9: Which of the following describes the result if an organizati...
Question 10: Which of the following is useful for forecasting the require...
Question 11: For an engineering department with a total quality managemen...
Question 12: During which phase of disaster recovery planning should an o...
Question 13: A key advantage of developing a computer application by usin...
Question 14: The economic order quantity for inventory is higher for an o...
Question 15: Which of the following statements are true regarding the use...
Question 16: Which of the following methods, if used in conjunction with ...
Question 17: Which of the following statements is true regarding the role...
Question 18: What must be monitored in order to manage risk of consumer p...
Question 19: Which of the following statements is true regarding the reso...
Question 20: Multinational organizations generally spend more time and ef...
Question 21: According to IIA guidance, which of the following corporate ...
Question 22: Which of the following are appropriate reasons for internal ...
Question 23: Which of the following phases of a business cycle are marked...
Question 24: Which of the following costs would be incurred in an invento...
Question 25: Which of the following is not a common feature of cumulative...
Question 26: An internal auditor has been asked to conduct an investigati...
Question 27: When an organization is choosing a new external auditor, whi...
Question 28: Which of the following is the best approach to overcome entr...
Question 29: Which of the following corporate social responsibility strat...
Question 30: According to the Standards, which of the following is based ...
Question 31: Which stage in the industry life cycle is characterized by m...
Question 32: Which of the following descriptions of the internal control ...
Question 33: Capacity overbuilding is most likely to occur when managemen...
Question 34: The activity that involves a trial run of a product in a typ...
Question 35: An internationally recognized brand name is an entrance barr...
Question 36: Which of the following is an example of a risk avoidance res...
Question 37: Which of the following statements best describes the framewo...
Question 38: Which of the following statements accurately describes the r...
Question 39: Which of the following conflict resolution methods should be...
Question 40: Which of the following budgets must be prepared first?...
Question 41: An internal auditor is reviewing physical and environmental ...
Question 42: Which of the following best describes a market signal?...
Question 43: International marketing activities often begin with:...
Question 44: Which of the following are likely indicators of ineffective ...
Question 45: In an organization where enterprise risk management practice...
Question 46: The cost to enter a foreign market would be highest in which...
Question 47: Which of the following is not a barrier to effective communi...
Question 48: Technological uncertainty, subsidy, and spin-offs are usuall...
Question 49: Which of the following is an element of effective negotiatin...
Question 50: Which of the following purchasing scenarios would gain the g...
Question 51: In order to provide useful information for an organization's...
Question 52: Which of the following are included in ISO 31000 risk princi...
Question 53: Which of the following statements regarding organizational g...
Question 54: All of the following are possible explanations for a signifi...
Question 55: Which of the following local area network physical layouts i...
Question 56: Which of the following would best prevent unauthorized exter...
Question 57: In an analysis of alternative credit-management policies, wh...
Question 58: Which of the following are the most appropriate measures for...
Question 59: A global business organization is selecting managers to post...
Question 60: Which of the following would provide the most relevant assur...
Question 61: A small furniture-manufacturing firm with 100 employees is l...
Question 62: According to the International Professional Practices Framew...
Question 63: Which of the following is a key characteristic of a zero-bas...
Question 64: When writing a business memorandum, the writer should choose...
Question 65: Which of the following is a major advantage of decentralized...
Question 66: The first step in determining product price is:...
Question 67: Which of the following must be adjusted to index a progressi...
Question 68: Which of the following statements is true regarding the use ...
Question 69: Which of the following factors is considered a disadvantage ...
Question 70: Which of the following is the most appropriate test to asses...
Question 71: Which of the following is an example of a nonfinancial inter...
Question 72: Which of the following COSO internal control framework compo...
Question 73: Which of the following describes a typical desktop workstati...
Question 74: Unsecured loans are loans:
Question 75: According to IIA guidance, which of the following steps are ...
Question 76: When granting third parties temporary access to an entity's ...
Question 77: A brand manager in a consumer food products organization sus...
Question 78: Which of the following is a limiting factor for capacity exp...
Question 79: An organization facing rapid growth decides to employ a thir...
Question 80: An organization needs to borrow a large amount of cash to fu...
Question 81: Preferred stock is less risky for investors than is common s...
Question 82: Which of the following techniques would be least effective i...
Question 83: What are the objectives of governance as defined by the Stan...
Question 84: Refer to the exhibit. (Exhibit) The figure below shows the n...
Question 85: Which of the following steps should an internal auditor take...
Question 86: Which of the following statements regarding program change m...
Question 87: Which of the following is a disadvantage of selecting a comm...
Question 88: An organization decided to install a motion detection system...
Question 89: Which of the following describes the free trade zone in an e...
Question 90: Which of the following IT strategies is most effective for r...
Question 91: According to the waterfall cycle approach to systems develop...
Question 92: If a bank's activities are categorized under such department...
Question 93: Which of the following statements is true regarding the rela...
Question 94: Which of the following statements about slack time and miles...
Question 95: Which of the following statements is correct regarding corpo...
Question 96: A supervisor receives a complaint from an employee who is fr...
Question 97: Which mindset promotes the most comprehensive risk managemen...
Question 98: An internal auditor performed a review of IT outsourcing and...
Question 99: Which of the following statements about COBIT is not true?...
Question 100: An organization is projecting sales of 100,000 units, at a u...
Question 101: Which of the following is not a potential area of concern wh...
Question 102: Which of the following statements accurately describes one o...
Question 103: Which of the following is a characteristic of just-in-time i...
Question 104: According to Porter, which of the following is associated wi...
Question 105: All of the following are true with regard to the first-in, f...
Question 106: According to Porter's model of competitive strategy, which o...
Question 107: Which audit approach should be employed to test the accuracy...
Question 108: Which of the following is not included in the process of use...
Question 109: Which of the following actions is most likely to gain suppor...
Question 110: An organization has recorded the following profit and expens...
Question 111: According to the COSO enterprise risk management (ERM) frame...
Question 112: Listening effectiveness is best increased by:...
Question 113: An organization produces two products, X and Y. The material...
Question 114: Which of the following distinguishes the added-value negotia...
Question 115: When applied to international economics, the theory of compa...
Question 116: Which of the following is a role of the board of directors i...
Question 117: Which of the following statements is false regarding the int...
Question 118: Which of the following statements is correct regarding risk ...
Question 119: Which of the following is a type of network in which an orga...
Question 120: Which of the following is always true regarding the use of e...
Question 121: Within an enterprise, IT governance relates to the: 1. Align...
Question 122: Which of the following is a characteristic of an emerging in...
Question 123: Which of the following stages of group development is associ...
Question 124: Which of the following statements is in accordance with COBI...
Question 125: The most important reason to use risk assessment in audit pl...
Question 126: A software that translates hypertext markup language (HTML) ...
Question 127: Which of the following would not impair the objectivity of i...
Question 128: Which of the following is a product-oriented definition of a...
Question 129: When developing an effective risk-based plan to determine au...
Question 130: When initiating international ventures, an organization shou...
Question 131: Which of the following standards would be most useful in eva...
Question 132: Providing knowledge, motivating organizational members, cont...
Question 133: The internal audit activity completed an initial risk analys...
Question 134: According to IIA guidance, which of the following is a typic...
Question 135: Which of the following price adjustment strategies encourage...
Question 136: In terms of international business strategy, which of the fo...
Question 137: Which of the following statements about market signaling is ...
Question 138: The economic order quantity can be calculated using the foll...
Question 139: According to the Standards, the internal audit activity must...
Question 140: Which of the following strategies would most likely prevent ...
Question 141: In creating a risk-based plan, which of the following best d...
Question 142: If legal or regulatory standards prohibit conformance with c...
Question 143: Maintenance cost at a hospital was observed to increase as a...
Question 144: Which of the following engagement observations would provide...
Question 145: Which of the following does not provide operational assuranc...
Question 146: An organization had three large centralized divisions: one t...
Question 147: Which of the following borrowing options is an unsecured loa...
Question 148: An organization is considering mirroring the customer data f...
Question 149: A holding company set up a centralized group technology depa...
Question 150: Which of the following is the most likely reason an organiza...
Question 151: Under a value-added taxing system:...
Question 152: The market price is the most appropriate transfer price to b...
Question 153: Which of the following techniques is the most relevant when ...
Question 154: Which of the following statements about matrix organizations...
Question 155: An internal auditor discovered that several unauthorized mod...
Question 156: Which of the following is a strategy that organizations can ...
Question 157: Which of the following are appropriate functions for an IT s...
Question 158: Which of the following roles would be least appropriate for ...
Question 159: Which of the following professional organizations sets stand...
Question 160: Which of the following control techniques would minimize the...
Question 161: At what point during the systems development process should ...
Question 162: Which of the following statements is true regarding outsourc...
Question 163: Which of the following statements pertaining to a market ski...
Question 164: Which of the following application-based controls is an exam...
Question 165: Which of the following best describes the concept of relevan...
Question 166: In which type of business environment are price cutting stra...
Question 167: Which is the least effective form of risk management?...
Question 168: Which of the following best describes an objective for an au...
Question 169: Which of the following strategies is most appropriate for an...
Question 170: Refer to the exhibit. (Exhibit) If the profit margin of an o...
Question 171: The main reason to establish internal controls in an organiz...
Question 172: According to IIA guidance, which of the following corporate ...
Question 173: Senior management has decided to implement the Three Lines o...
Question 174: A chief audit executive (CAE) was asked to participate in th...
Question 175: The process of scenario planning begins with which of the fo...
Question 176: Which of the following most accurately describes the purpose...
Question 177: An organization accumulated the following data for the prior...
Question 178: Which of the following conditions could lead an organization...
Question 179: Which of the following is the best reason for considering th...
Question 180: Which of the following are typical responsibilities for oper...
Question 181: An organization engages in questionable financial reporting ...
Question 182: An organization's balance sheet indicates that the total ass...
Question 183: Which of the following are typical audit considerations for ...
Question 184: During the last year, an organization had an opening invento...
Question 185: Organizational activities that complement each other and cre...
Question 186: A manager has difficulty motivating staff to improve product...
Question 187: Which of the following is true regarding the COSO enterprise...
Question 188: When assessing the adequacy of a risk mitigation strategy, a...
Question 189: Which of the following application software features is the ...
Question 190: An organization is considering the outsourcing of its busine...
Question 191: Organizations use matrix management to accomplish which of t...
Question 192: The percentage of sales method, rather than the percentage o...
Question 193: The first stage in the development of a crisis management pr...
Question 194: Which stage of group development is characterized by a decre...
Question 195: Which of the following statements regarding database managem...
Question 196: A department purchased one copy of a software program for in...
Question 197: Which of the following factors would reduce dissatisfaction ...
Question 198: Where complex problems need to be addressed, which of the fo...
Question 199: According to the ISO 14001 standard, which of the following ...
Question 200: The decision to implement enhanced failure detection and bac...
Question 201: The audit committee of a global corporation has mandated a c...
Question 202: When auditing an application change control process, which o...
Question 203: In mergers and acquisitions, which of the following is an ex...
Question 204: A retail organization is considering acquiring a composite t...