Economic Order Quantity (EOQ) includes several variables that must be taken into consideration when calculating the optimal order size. One variable, the costs associated with holding inventory, is referred to as

The period that is measured to determine if a contract can be performed within a year begins when

a. The offer is made b. The contract is formed c. Performance is scheduled to begin d. Performance actually begins.

The information systems audit objective that pertains to having management's authorization and approval is known as

A) overall security. B) program development. C) program modifications. D) processing.