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NEW QUESTION: 1
An internal auditor for a large retail chain suspects that a store manager has been stealing money from cash sales by listing the sales as accounts receivable and then writing off the accounts as bad debts. Which of the following irregularities is the most likely cause of the auditor's suspicion?
A. A much higher percentage of past-due accounts receivable than that of other stores.
B. A much higher bad debt expense as a percentage of sales than that of previous years.
C. A much higher bad debt expense as a percentage of sales than that of other stores.
D. A much higher percentage of past-due accounts receivable than that of previous years.
Answer: C

NEW QUESTION: 2
Which two situations would be appropriate uses of a dynamic array? (Choose two.)
A. Employees list
B. Days of the week
C. Part numbers
D. Months of the year
Answer: A,C
Explanation:
Topic 5, Volume E

NEW QUESTION: 3
You are the business analyst for your organization and are trying to determine the best solution for an identified problem. You have determined that you could create a software solution using inhouse resources for $65,000 and with an ongoing support of $5,600 per month. A vendor offers you a quote that they can create the software for $49,000 with an ongoing support of $6,100 per month. Which solution should you choose?
A. Create the software if you'll keep the solution less than 32 months.
B. Buy from the vendor if you'll keep the solution longer than 32 months.
C. Create the software if you'll use the solution longer than 32 months.
D. There is not enough information to determine which solution is financially better.
Answer: C

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