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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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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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 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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CHAPTER 2 The Financial Statements BRIEF EXERCISES BE2–1 2008 2008 2008 Beginning Ending Retained 2008 2008 2008 Retained Earnings + Revenues – Expenses – Dividends = Earnings $28.2 + $43.3 – $38.2 – X = $30.6 X = $2.7 2008 Dividends as a percentage of 2008 net income: 2008 Dividends = $ 2.7 = 52.9% 2008 Net income ($43.3-$38.2) $ 5.1 BE2–2 1) Current Liabilities financed $32 billion of the
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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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1. When determining the appropriate hardware components of new information system‚ what role must the user of the system play? 2. Identify two basic characteristic of RAM and ROM? - RAM is temporary and volatile‚ it lose its content (data) is turned off or disrupted. - ROM is nonvolatile and not lost its contests if the power is removed. 3. What is RFID technology? How does it work? - A technology that employs a microchip with an antenna to broadcast its unique identifier and location receivers
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Week 2 Assignment Pages 180-182 1.) Pick a product good or service that you are interested in consuming sometime in the near future. Analyze the offerings of two competing firms. How do the products compare on various dimensions of quality? From these differences‚ what can you infer about each company’s strategy and the customers that they seem to be targeting? A good that I will be purchasing sometime soon is a new vehicle. My husband and I are looking at either a Chevy Silverado‚ or a Ford
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