A(n) ____________ is any guideline or benchmark established as a basis for measu

Question

A(n) ____________ is any guideline or benchmark established as a basis for measurement or point of reference.

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Question 2 1 pts

The objectives that eventually become the foundation for controls are determined during the ____________ function.

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Question 3 1 pts

The amount of output achieved from the use of a given amount of inputs is __________.

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Question 4 1 pts

The basic types of controls are ____________.

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Question 5 1 pts

Computer monitoring of customer service telephone calls is an example of which type of control?

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Question 6 1 pts

Controls that focus on "after the fact" are called ____________ controls.

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Question 7 1 pts

Resources owned by a business are known as ____________.

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Question 8 1 pts

Liabilities are financial obligations that are also referred to as ____________.

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Question 9 1 pts

The financial difference between the value of an organization's assets and its liabilities is known as ____________.

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Question 10 1 pts

The accounting income statement "equation" is expressed as ____________.

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Question 11 1 pts

An organization's current liabilities are $40,000 and current assets are $120,000; therefore, the firm's current ratio is ____________.

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Question 12 1 pts

The most important characteristic of organizational information is its ____________.

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Question 13 1 pts

The merging of a company's human and technical knowledge assets is known as:

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Question 14 1 pts

A collection of computerized data that may have privileged access is called a ____________.

Explanation / Answer

Question No. Answers Question 1 Standard Question 2 planning Question 3 productivity Question 4 prevention, feedback, feedforward Question 5 feedback Question 6 feedforward Question 7 assets Question 8 debts Question 9 equity Question 10 income - expenses = profit or loss Question 11 3 to 1 Question 12 usefulness Question 13 knowledge management (KM) Question 14 database

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