What are examples of “first resort” and “last resort” impasses procedures?
What will be an ideal response?
Frist resort include mediation; last resort include interest arbitration
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Which statement is not correct?
a. Only successful transactions are recorded on a transaction log. b. Unsuccessful transactions are recorded in an error file. c. A transaction log is a temporary file. d. A hardcopy transaction listing is provided to users.
Which of the following is NOT a general type of control activity?
a. Adequate separation of duties b. Independent checks on performance c. Proper authorization of transactions and activities d. Use of internal auditors
List the various forms of the ethical norms of security and justice
What will be an ideal response?
After a linear forecasting model is found for a time series, if the Durbin-Watson statistic is less than dL this means that:
A) no positive autocorrelation exists, the linear model is adequate. B) positive autocorrelation exists, a nonlinear model should be tried. C) no positive autocorrelation exists, a nonlinear model should be tried. D) positive autocorrelation exists, the linear model is adequate.