22 (1).docx - 54 During the last year, an organization had...

54
During the last year, an organization had an opening inventory of $300,000,
purchases of $980,000, sales of $1,850,000, and a gross margin of 40 percent. What
is the closing inventory if the periodic inventory system is used?

A. $170,000 correct

B. $280,000

C. $300,000

D. $540,000
software that translates hypertext markup language (HTML) documents and allows a
user to view a remote web page is called:
The activity that involves a trial run of a product in a typical segment of the market
before proceeding to a national launch is referred to as:

Which of the following statements pertaining to a market skimming pricing strategy is
not true?
Which of the following is not a method for implementing a new application system?

A. Direct cutover.

B. Parallel.

C. Pilot.

D. Test. Correct
Question #59 Topic 1
According to Porter's model of competitive strategy, which of the following is a
generic strategy? Question #85 Topic 1
Which of the following best describes a market signal?

Question #92 Topic 1
Which of the following is the most appropriate test to assess the privacy risks
associated with an organization's workstations?
Question #96 Topic 1
Which of the following best describes an objective for an audit of an environmental
management system?
 A. To assess whether an annual control review is necessary.
 B. To determine conformance with requirements and agreements.
 C. To evaluate executive management oversight.
 D. To promote environmental awareness.