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NEW QUESTION: 1
Which of the following would provide the best audit evidence regarding the effectiveness of an applied research department?
A. Compare research as a percentage of revenue between this company and all major competitors in the same industry.
B. Develop a cost-per-product analysis for products developed over the past five years.
C. Compare the number of this year's new product developments to the number of new product developments for the past five years.
D. Develop a report on revenue generated by or cost savings directly attributable to newly developed products.
Answer: D

NEW QUESTION: 2
The chief audit executive of a large publicly held bank is using a risk based approach to update the annual audit plan. Which of the following sources of information will have the least impact on the plan?
A. Regulatory changes impacting capitalization for all publicly traded banks.
B. Recent changes to the bank's strategic plan.
C. Continuous changes in the prime lending rate set by the country's central bank.
D. The 12 month forecast of commercial property values.
Answer: C

NEW QUESTION: 3
Which two Cloud service types as defined by the National Institute of Standards and Technology (NIST) may be used for self-service provisioning of an Oracle WebLogic Environment?
A. Application Server as a Service
B. Software as a Service
C. Infrastructure as a Service
D. Platform as a Service
E. Middleware as a Service
Answer: C,D
Explanation:
Reference:http://www.oracle.com/us/industries/public-sector/cloud-solutions-public-sector-wp323002.pdf(p.10)