Assume that the external auditor decides that because of work performed by internal auditors, the audit risk has been reduced to an acceptable level. As a result of this assessment, the auditor can do which of the following?
a. The auditor must test the assertions directly and document a separate conclusion.
b. The auditor can decide that direct testing is not necessary.
c. The auditor must delegate the responsibility of expressing an opinion to the internal auditors.
d. The auditor can assume that inherent risk is zero.
b
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As a sales manager, you would have to decide how much leeway to give your subordinates in giving gifts to prospective clients in foreign countries. This is an example of the challenge of managing for
A. your own happiness. B. globalization. C. ethical standards. D. sustainability. E. diversity.
The most successful customer visit programs
a. are freeform in nature. b. focus on a specific customer type. c. are conducted by market researchers. d. are really "disguised" sales calls e. take every opportunity to ask questions.
Autonomous maintenance occurs when:
A) employees are empowered to observe, check, adjust, clean, and notify. B) a remote computer system signals the need for breakdown maintenance. C) a remote computer system signals the need for preventative maintenance. D) employees perform their own breakdown maintenance. E) none of the above
To determine if a scored test is having discriminatory effects:
a. see if the number of women and persons of color hired is at least four-fifth's of the number of white males hired b. see if the proportion of women and persons of color hired is roughly equal to the proportion of women and persons of color in the relevant labor market c. compare the pass rates for different protected class groups and see if the pass rate for any group is less than four-fifths of the pass rate for the most successful group d. compare the number of persons from different protected class groups that pass the test and see if the number of persons passing for any group is less than four-fifth's of the number for the most successful group e. examine the individual test questions looking for evidence of bias