During the last year, an organization had an opening inventory of $300,000, purchases of $980,000, sales of $1,850,000, and a gross margin of 40 percent. What is the closing inventory if the periodic inventory system is used?

Which of the following is a limiting factor for capacity expansion?

Which of the following is improved by the use of smart devices?

The decision to implement enhanced failure detection and back-up systems to improve data integrity is an example of which risk response?

An internal auditor computed that one of the organization's accounting divisions is processing 30 travel reports per hour while another accounting division is processing 22 travel reports per hour.
Which of the following efficiency measures did the internal auditor most likely employ?