List the following steps regarding computer fraud risk assessments in sequence.(a) Assessing the likelihood and business impact of a control failure and/or a fraud incident.(b) Mapping existing controls to potential fraud schemes and identifying gaps.(c) Identifying potential IT fraud schemes and prioritizing them based on likelihood and impact.(d) Identifying relevant IT fraud risk factors.(e) Testing operating effectiveness of fraud prevention and detection controls.
What will be an ideal response?
d, c, b, e, a
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A) when experience or scale effects lead to a favorable volume—cost relationship B) when there is a strong price—perceived quality relationship C) when a large segment of the customer base is price-sensitive D) when the company wants to build significant market share
Which of the following are a part of paid search?
a. pay for clicks b. sponsored links c. click to call d. contextual ads e. all of the above
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Indicate whether the statement is true or false
An analyst should be careful when conducting ratio analysis to ensure that ________
A) the overall performance of a firm is not judged on a single ratio B) the role of inflation is ignored C) ratios being compared should be calculated using financial statements dated at different points in time during the year D) different accounting procedures are used