IIA-ACCA Practice Questions

A.  

Full cost

B.  

Full cost plus a markup.

C.  

Market price of the product

D.  

Variable cost plus a markup

A.  

Database management systems handle data manipulation inside the tables, rather than it being done by the operating system itself in files.

B.  

The database management system acts as a layer between the application software and the operating system.

C.  

Applications pass on the instructions for data manipulation which are then executed by the database management system.

D.  

The data within the database management system can only be manipulated directly by the database management system administrator.

A.  

Has the longest duration in time.

B.  

Costs the most money.

C.  

Requires the largest amount of labor

D.  

Is deemed most important to the project.

A.  

In a matrix organization, conflict between functional and product managers may arise.

B.  

In a matrix organization, staff under dual command is more likely to suffer stress at work.

C.  

Matrix organizations offer the advantage of greater flexibility.

D.  

Matrix organizations minimize costs and simplify communication.

A.  

Motivation.

B.  

Performance.

C.  

Organizational structure.

D.  

Communication.

A.  

A zero-based budget provides estimates of costs that would be incurred under different levels of activity.

B.  

A zero-based budget maintains focus on the budgeting process.

C.  

A zero-based budget is prepared each year and requires each item of expenditure to be justified.

D.  

A zero-based budget uses input from lower-level and middle-level managers to formulate budget plans.

A.  

Improved integrity of programs and processing.

B.  

Enhanced ongoing maintenance of the system.

C.  

Greater accuracy of the testing phase.

D.  

Reduced need for unexpected software changes.

A.  

2 only

B.  

3 and 4 only

C.  

1, 3, and 4 only

D.  

1, 2, 3, and 4

A.  

Increase shareholder value.

B.  

Maximize market share.

C.  

Improve operational efficiency.

D.  

Mitigate losses.

A.  

1, 2, and 3

B.  

1, 2, and 4

C.  

1, 3, and 4

D.  

2, 3, and 4