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NEW QUESTION: 1
An ice cream manufacturer experiences regular fluctuations in sales.
Which component in a time series do these fluctuations represent?
A. Basic trend
B. Random fluctuation
C. Cyclical variation
D. Seasonal variation
Answer: D
NEW QUESTION: 2
An IS auditor performing a review of an application's controls would evaluate the:
A. business processes served by the application.
B. application's optimization.
C. impact of any exposures discovered.
D. efficiency of the application in meeting the business processes.
Answer: C
Explanation:
An application control review involves the evaluation of the application's automated controls and an assessment of any exposures resulting from the control weaknesses. The other choices may be objectives of an application audit but are not part of anaudit restricted to a review of controls.
NEW QUESTION: 3
A. Option C
B. Option D
C. Option A
D. Option E
E. Option B
Answer: C,E