SysTrust is an assurance service designed to
a. Increase the comfort of management and other stakeholders relative to an information system
b. Provide an opinion on the fairness of an information system's output
c. Provide the SEC with information used to administer the securities laws
d. Allow a CPA to provide a consulting service to management relating to their information system
Ans: a. Increase the comfort of management and other stakeholders relative to an information system
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The profitability index is computed by dividing the
a. total cash flows by the initial investment. b. present value of cash flows by the initial investment. c. initial investment by the total cash flows. d. initial investment by the present value of cash flows.
The emeritus physics professor taught at the university for forty years and had built quite a following in the community and an enviable LinkedIn network of alumni donors
The university was loath to ask him to retire, so they set up a lab where he could pursue his two passions, a perpetual motion machine and cold fusion, either of which would solve the world's energy problems. As the years passed, the budget was held constant and suffered due to the rise in prices for perpetual motion machine parts. Cold fusion material certainly wasn't getting any cheaper either, and it was evident to all the other physicists that the project was subjected to termination by: A) Extinction. B) Integration. C) Starvation. D) Addition.