______________are expenses which reduce income (but not cash), therefore reducing potential tax liabilities.
A. Amortization and Depreciation
B. Balance Sheet
C. Capital
D. Equity
Which of the following prescribes a format for Balance Sheets?
A. Business Partner
B. Generally Accepted Accounting Principles (GAAP)
C. Customers
D. Financial Accounting Standards Board (FASB)
The Net Income (Loss) before taxes minus accounting tax effect on income is: __________
A. Income (Gross)
B. Net Income (Loss) before Taxes
C. Income (Loss) from Operations
D. Net Income (Loss)
The following formats are used to express Return on Investment (ROI), EXCEPT:
A. Return on Assets (ROA)
B. Revenue
C. Return on Equity (ROE)
D. Internal Rate of Return (IRR)
Risk Management is an independent auditing process.
A. True B. False
________ is used to describe the extent to which an organization is willing to take risks.
A. Risk Averse
B. Risk Response
C. Risk Appetite
D. Risk Foundation
Risks are negative outcomes; opportunities are positive outcomes.
A. True
B. False
The Quality Factor that describes the effort required to learn, operate, prepare input, and interpret output of a program, process, or system.
A. Trainability
B. Testability
C. Usability
D. Transferability
Which of the following is the correct definition of the Quality Attribute Maintainability?
A. Effort required for modifying operational system
B. Effort required to ensure that the system performs as its intended
C. Effort required to locate and fix an error in an operational system
D. Extent to which a program satisfies its specifications
E. Extent to which a program can be expected to perform its intended function
Anything that places a limit on what is possible is a:
A. Requirement
B. Attribute
C. Variable
D. Constraint
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