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NEW QUESTION: 1
A technology company normally sees increased revenues for its cell phones when it raises
prices. However, when the company released an updated version of the phone and charged a higher price, revenues fell. What MOST likely happened to the cell phone market?
A. The price for cell phone plans decreased.
B. The price of land line phones increased significantly.
C. Profits earned by the company's suppliers rose.
D. There was an increase in the number of substitute phones.
Answer: D
NEW QUESTION: 2
Which of the following actions would have the greatest impact on the effectiveness of the internal audit activity?
A. Annual review of the audit charter by management.
B. Assurance of internal audit objectivity and organizational independence by the board.
C. Appropriate definition of internal audit scope and responsibility in the charter.
D. Appropriate compliance coverage in the annual audit plan.
Answer: C
NEW QUESTION: 3
What is XS?
Choose the correct answer.
Response:
A. A data cleansing engine
B. A user interface
C. A native, lightweight application server
D. An optional engine to handle excessive data loads
Answer: C