The Quality Factor that describes the effort required to learn, operate, prepare input, and interpret output of a program, process, or system.
A. Trainability
B. Testability
C. Usability
D. Transferability
Risk Management is an independent auditing process.
A. True B. False
________ is used to describe the extent to which an organization is willing to take risks.
A. Risk Averse
B. Risk Response
C. Risk Appetite
D. Risk Foundation
The Net Income (Loss) before taxes minus accounting tax effect on income is: __________
A. Income (Gross)
B. Net Income (Loss) before Taxes
C. Income (Loss) from Operations
D. Net Income (Loss)
The following formats are used to express Return on Investment (ROI), EXCEPT:
A. Return on Assets (ROA)
B. Revenue
C. Return on Equity (ROE)
D. Internal Rate of Return (IRR)
"Increasing company revenue by 10%" is an example of a _____________.
A. Vision
B. Goal
C. Tactic
D. Strategy
______________are expenses which reduce income (but not cash), therefore reducing potential tax liabilities.
A. Amortization and Depreciation
B. Balance Sheet
C. Capital
D. Equity
Which of the following prescribes a format for Balance Sheets?
A. Business Partner
B. Generally Accepted Accounting Principles (GAAP)
C. Customers
D. Financial Accounting Standards Board (FASB)
Mission Statements are focused on the future and provide a road map for change.
A. True
B. False
Goals have the following characteristics, EXCEPT:
A. Action Oriented Wording
B. Measurable Results
C. Achievable Fast
D. Time Oriented
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