Use the information from Scenario 6.1 to determine the likelihood of high demand that would make the decision maker indifferent between the two alternatives for a two year operating time
A) 0.86
B) 0.72
C) 0.28
D) 0.14
Answer: D
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Auditors of ERP systems
a. need not be concerned about segregation of duties because these systems possess strong computer controls. b. focus on output controls such as independent verification to reconcile batch totals. c. are concerned that managers fail to exercise adequate care in assigning permissions. d. do not view the data warehouse as an audit or control issue at all because financial records are not stored there. e. need not review access levels granted to users because these are determined when the system is configured and never change.
Which of the following is not an expense excluded when calculating EBITDA?
a. depreciation expense b. administrative expense c. interest expense d. tax expense
What should be the ultimate goal of a team leader?
a. forming the team b. managing conflict within the team c. making difficult decisions for the team d. developing team members to the point of being able to share in the leadership role
Enforceable contracts ________ arise from a bargained-for exchange.
A. rarely B. need not C. must D. cannot