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NEW QUESTION: 1
Which of the following statements is correct regarding the use of a program evaluation and review technique (PERT) model?
It makes use of a probability model to arrive at a realistic estimate of time
necessary for completion of the audit engagement.
It requires that activities are performed in sequence such that each task is
completed before the commencement of the next activity.
It remains fixed once completed to act as a baseline for measuring the
performance of the audit staff following completion of the engagement.
It begins with the auditor-in-charge identifying the overall scope and then breaking
down the audit engagement into identifiable activity units.
A. 2 and 3 only.
B. 2 and 4 only.
C. 1 and 4 only.
D. 1 and 3 only.
Answer: C

NEW QUESTION: 2
The entity has a profit margin of:
A. 13.33%
B. 14.33%
C. 6.67%
D. 46.67%
Answer: C
Explanation:
The profit margin is the ratio of profit to sales. It equals 6.67% US $200 profit $3,000 sales).

NEW QUESTION: 3
Which of the following is a common feature of an Identity as a Service (IDaaS) solution?
A. Password reset service support
B. Terminal Access Controller Access Control System (TACACS) authentication support
C. Single Sign-On (SSO) authentication support
D. Privileged user authentication support
Answer: C