What is the difference between alpha testing and beta testing?
What will be an ideal response?
Alpha testing involves determining whether the prototype will perform according to its design and whether it satisfies the need for which it was intended. The firm conducts alpha testing, usually in its research lab. Beta testing uses potential consumers who examine the product prototype in a real-use setting and assess its functionality, performance, and potential problems.
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All of the following are disadvantages of the test data technique except
a. the test data technique requires extensive computer expertise on the part of the auditor b. the auditor cannot be sure that the application being tested is a copy of the current application used by computer services personnel c. the auditor cannot be sure that the application being tested is the same application used throughout the entire year d. preparation of the test data is time-consuming
The Sarbanes-Oxley Act requires the chief executive officer (CEO) and chief financial officer (CFO) to certify annual and quarterly reports
Indicate whether the statement is true or false
Which of the following is not a typical reason for unethical behavior?
A) We rationalize that what is ethical depends upon the circumstances. B) We do what we must to win. C) We rationalize that everyone is doing it. D) We enjoy the thrill of "getting away with it." E) We take the easy route to accomplish our goal.
Dotty creates a trust by her will for the benefit of Eppie and her family to come into existence on Dotty's death. This is
A. a constructive trust. B. an inter vivos trust. C. a resulting trust. D. a testamentary trust.