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NEW QUESTION: 1
An organization is outsourcing its payroll system and is requesting to conduct a full audit on the third-party information technology (IT) systems. During the due diligence process, the third party provides previous audit report on its IT system. Which of the following MUST be considered by the organization in order for the audit reports to be acceptable?
A. The audit reports have been issued in the last six months.
B. The audit reports have been signed by the third-party senior management.
C. The audit assessment has been conducted by an international audit firm.
D. The audit assessment has been conducted by an independent assessor.
Answer: B

NEW QUESTION: 2
The materials price variance will be adverse when:
A. The price of materials has fallen
B. The materials usage variance is favourable
C. The actual cost of the materials is more than the standard material cost for the output produced
D. The actual cost of the materials purchased is more than the standard cost of the materials purchased
Answer: D

NEW QUESTION: 3
Compared with individual user operating systems, the advantages of server operating systems are.
A. Have a better experience in graphics and entertainment
B. Higher security
C. Stronger performance stability
D. Have a better experience in file management or web applications
Answer: B,C,D