Which is not a potential disadvantage of having an application developed by a business user, rather than an IS professional?
A) A similar application may already exist in another business unit, so it could be a redundant effort.
B) Users typically pay more attention to system controls for ensuring data quality and security, and therefore development costs are higher.
C) It is common for user developers to change jobs.
D) User-developed systems are frequently less well documented.
B
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The reward-to-risk ratio for stock A is less than the reward-to-risk ratio of stock B. Stock A has a beta of 0.82 and stock B has a beta of 1.29. This information implies that:
A) stock A is riskier than stock B and both stocks are fairly priced. B) stock A is less risky than stock B and both stocks are fairly priced. C) either stock A is underpriced or stock B is overpriced or both. D) either stock A is overpriced or stock B is underpriced or both. E) both stock A and stock B are correctly priced since stock A is riskier than stock B.
Which of the following managers is likely to have the least amount of responsibilities?
A) the manager of a cost center B) the manager of a profit center C) the manager of an investment center D) the manager of a transfer pricing center