Question 51

Use of unlicensed software in an organization:
I. Increases the risk of introducing viruses into the organization
II. Is not a serious exposure if only low-cost software is involved
III.
Can be detected by software checking routines that run from a network server
  • Question 52

    A pricing strategy that sells combinations of products at a price lower than the combined prices of the individual items is:
  • Question 53

    Division A produces a product with a variable cost of $5 per unit and an allocated fixed cost of S3 per unit The market price of the product is S15 plus 20 percent selling cost. Division B currently purchases this product from an external supplier but is going to purchase it from division A for S18 Which of the following methods of transfer pricing is being used?
  • Question 54

    If a control total were to be computed on each of the following data items, which would best be identified as a hash total for a payroll computer application?
  • Question 55

    An entity is depreciating an asset with a 5-year useful life. It cost US $100,000 and has no residual value. If the -List A - method is used, depreciation in the second year will be - List B>