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NEW QUESTION: 1
Which of the following statements regarding search helps are true? Select all that apply.
A. You can use a maintenance view for the search help selection method.
B. You can use transparent tables for the search help selection method.
C. You can use a database view for the search help selection method.
D. Help views can also be used for the selection method for search help.
Answer: B,C,D
NEW QUESTION: 2
A company which experiences increased business volumes but a minimal increase in profitability MOST LIKELY has:
A. high fixed costs and low variable cost.
B. very high level of operating leverage.
C. low fixed costs and high variable costs.
D. high effective cost of debt.
Answer: C
NEW QUESTION: 3
A. Option B
B. Option A
C. Option D
D. Option C
Answer: B
NEW QUESTION: 4
An internal auditor is conducting an engagement in the accounts payable department, which includes expressing an opinion at the micro level. According to IIA guidance, which of the following statements is true regarding micro-level opinions?
1. They are most effective when using a combination of current and prior engagement findings to draw conclusions.
2. They typically are based on defined procedures such as those found in an accounts payable reconciliation process.
3. They are discrete and not normally shared with senior management or the board.
4. They can rely on evidence taken from the work of other assurance activities across the organization.
A. 1 and 3.
B. 1 and 2.
C. 2 and 3.
D. 3 and 4.
Answer: C
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