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NEW QUESTION: 1
What course of action can be taken by a party if the current negotiations fail and an agreement cannot be reached?
A. ZOPA
B. BATNA
C. PON
D. Bias
Answer: B
NEW QUESTION: 2
Which sale occurs when the accomplice of the employee-fraudster "buys" merchandise, but the employee does not ring up the sale, and the accomplice takes the merchandise without making any payment?
A. Preliminary sale
B. Fraudster sale
C. Whole sale
D. Fake sale
Answer: D
NEW QUESTION: 3
Which of the following is the greatest risk to reporting?
A. Reliability of data
B. Availability of data
C. Explanation:
Reporting risks are caused due to wrong reporting which leads to bad decision. This bad decision
due to wrong report hence causes a risk on the functionality of the organization. Therefore, the
greatest risk to reporting is reliability of data. Reliability of data refers to the accuracy, robustness,
and timing of the data.
D. Integrity of data
E. Confidentiality of data
Answer: A,C
Explanation:
B, and C are incorrect. Integrity, availability, and confidentiality of data are also
important, but these three in combination comes under reliability itself.
NEW QUESTION: 4
An example of an internal nonfinancial benchmark is:
A. The average actual cost per pound of a specific product at the company's most efficient plant.
B. The labor rate of comparably skilled employees at a major competitor's plant.
C. A US $50,000 limit on the cost of employee training programs at each of the company's plants.
D. The percentage of customer orders delivered on time at the company's most efficient plant.
Answer: D
Explanation:
Benchmarking is a continuous evaluation of the practices of the best organizations in their class and the adaptation of processes to reflect the best of these practices. It requires
analysis and measurement of key outputs against those of the best organizations. This procedure also involves identifying the underlying key actions and causes that contribute to the performance difference. The percentage of orders delivered on time at the company's most efficient plant is an example of an internal nonfinancial benchmark.