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NEW QUESTION 49
Which one of the following statements best describes data governance?

A. Performance of data-based audits on a continuous basisB. The convergence of accounting data, finance data and information technologyC. The union of data quality, data management, data policies, and risk managementD. A process of securing all company data points, both structured and unstructured

Answer: C

 

NEW QUESTION 50
in preparing Klein Corporation's master budget for the following calendar year, the manager of the Production Department requested the purchase of a new piece of machinery with a purchase price of $150.000 in addition, the cost of installing the machine would total $13.000. The purchase price of the machine would be financed by a 6%. 5-year loan with interest due quarterly. The amount Klein Corporation should include in its Capital Expenditures Budget due to this purchase is

A. $22,000B. $163,000C. $13,000D. $172,000

Answer: D

 

NEW QUESTION 51
After a recent earthquake in a nearby city the board of directors of a company has requested a review of the company s disaster recovery plan Which of the following would be classified as a weakness in the company's disaster recovery plan?

A. The details of the disaster recovery plan stipulate that internal audit should review the plan every other year rather than annually.B. Management has decided not to maintain a hot site because it was determined that the costs outweigh the benefits.C. A cold site with backup data and documents is maintained on the basement level of the company s headquarters.D. Members of the company's disaster recovery team maintain current copies of the disaster recovery plan m their homes.

Answer: C

 

NEW QUESTION 52
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