Chapter 2 Auditing IT Governance Controls Review Questions 1. What is IT governance? Response: IT governance is a relatively new subset of corporate governance that focuses on the management and assessment of strategic IT resources. 2. What are the objectives of IT governance? Response: The key objectives of IT governance are to reduce risk and ensure that investments in IT resources add value to the corporation. 3. What is distributed data processing? Response: Distributed
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Steven D. Levitt and Stephen J. Dubner wrote one of the bestselling novels titled Freakonomics. This novel was not only a bestselling novel‚ but it revolutionized the way people think and make decisions. This book provides many concepts and real life events that have taken place in America‚ and have shaped the way people are today because of it. A huge part of this book is all about the study of parenting and the effects that it can have. The novel discusses how Roe Vs. Wade has affected parenting
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r1- )2*P1+( r2- )2*P2+( r3- )2*P3+ etc then square rooted (-50% - 11.40%)2(0.1) + (-5% - 11.40%)2(0.2) + (16% - 11.40%)2(0.4) + (25% - 11.40%)2(0.2) + (60% - 11.40%)2(0.1) = 712.44 standard deviation = square root of 712.44 = 26.69% coefficient of variation= CV= σ/ = 26.69%/11.40% = 2.34 expected return = = P1r1+P2r2+P3r3 expected return market= .3*15%+.4*9%+.3*18%= 13.5% expected return stock j= .3*20%+.4*5%+.3*12%=11.6% standard deviation =( r1- )2*P1+( r2- )2*P2+( r3- )2*P3 then
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Economics: The Study of Incentives The book‚ “Freakonomics‚” written by Steven D. Levitt and Stephen J. Dubner‚ explores and explains the secret causes behind many economic situations. The main argument presented by this book is what economics really is: the study of incentives‚ and how people are rational‚ and will do whatever is in their ultimate best interest. Sometimes this will lead them to actions that are moral‚ and sometimes the very opposite. The first technique the authors used for
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Exercise 2-1 (10 minutes) 1. The wages of employees who build the sailboats: direct labor cost. 2. The cost of advertising in the local newspapers: marketing and selling cost. 3. The cost of an aluminum mast installed in a sailboat: direct materials cost. 4. The wages of the assembly shop’s supervisor: manufacturing overhead cost. 5. Rent on the boathouse: a combination of manufacturing overhead‚ administrative‚ and marketing and selling cost. The rent would most likely be prorated
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Chapter 6 After reading this chapter‚ you should be able to: LO6-1 Use elasticity to describe the responsiveness of quantities to changes in price and distinguish five elasticity terms. LO6-2 Explain the importance of substitution in determining elasticity of supply and demand. LO6-3 Relate price elasticity of demand to total revenue. LO6-4 Define and calculate income elasticity and cross-price elasticity of demand. LO6-5 Explain how the concept of elasticity makes supply and demand analysis more
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Chapter II Review of Related Literature and Studies Review of Related Literature Parents Portal The Parents Portal gives the parent an opportunity to view their student’s schedules‚ performance‚ and statement of accounts. Parents also have access to review current contact information‚ which may be used to help the school maintain accurate contact data. Online Reporting is the innovative use of media and communication technologies such as emails‚ blogs‚ websites and text alerts in
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Question – Chapter 2: Research Problem 2 When Oprah gave away Pontiac G6 sedans to her TV audience‚ was the value of the cars taxable? On Labor Day weekend in 2006‚ World Furniture Mall in Plano‚ Illinois‚ gave away $275‚000 of furniture because the Chicago Bears shut out the Green Bay Packers in the team’s football season opener at Lambeau Field in Green Bay (26-0). Was the free furniture in the form of a discount or rebate taxable‚ or should the furniture company have handed the customers a Form
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2. What is an installer? An installer is an application that installs a software or an operating system to a machine. 3. Would you set up a GUI on a server system? Why or why not? I would not set up a GUI on a server system. A GUI is good for a desktop system. Even though a GUI is user friendly‚ I would use a textual interface because it allows the system to dedicate more resources to carrying out the job it is set up to do. Also not running a GUI can improve system security. 5. What is free
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a big star exploded and out of that dust the planets were created… it might have been because of rotation but not in mind. The Christian people would agree more on this‚ because they would state that it was created on the mind of God omnipotent. 2) Explain and evaluate the view of Anaximander? - Anaximander was a Milesian. Anaximander was a pupil of Thales‚ who believed that the basic substance out of which everything comes must be more elementary than water; this substance must be ageless
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