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NEW QUESTION: 1
Which one of the following is an example of Direct Cost?
A. Negative public relations
B. Legal fees
C. Reduced customer satisfaction
D. Damaged brand perception
Answer: B
NEW QUESTION: 2
What reason might an administrator choose to implement the IBM Notes Traveler default settings over the Notes Traveler Policy Settings document?
A. The default settings document applies updates almost immediately to Notes Traveler users
B. The default settings document contains more options above and beyond the Notes Traveler Policy Settings document.
C. The default settings document takes precedence over the Notes Traveler Policy Settings document
D. The default settings document allows for different device settings per group.
Answer: A
NEW QUESTION: 3
Which of the following are substantive purposes for conducting post-audit procedures in capital budgeting situations? Choose the best answer.
I. Improving forecasts
II. Shifts in the Security Market Line
III. Improving operations
IV. Controlling management
V. Adhering to Bond Covenants
VII. Ensuring adherence to governmental guidelines for performance presentation
A. I, II, III, IV, VII, VIII
B. I, V, VII, VIII
C. II, IV, VIII
D. I, III, IV
E. I, III, IV, VIII
F. I, III
Answer: F
Explanation:
Explanation/Reference:
Explanation:
An important aspect of the capital budgeting process is the post-audit, which involves comparing actual results with those forecasted and determining why any discrepancies exist. The post-audit process has two main purposes. First, the post-audit process is used to improve the forecasting capacity of the firm.
Second, this process is used to improve the operations of the firm. "Shifts in the Security Market Line" has little to do with the post-audit process. Additionally, remember that aside from AIMR PPS and other suggested performance presentation guidelines, there are no real "guidelines for research and performance presentation." There are certainly no "governmental guidelines" for performance presentation; therefore, answer VII is incorrect.
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