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NEW QUESTION: 1
After several years in the engineering department, an engineer was transferred to the internal audit department. One month later, the new auditor was assigned to an assurance engagement for the engineering department. When the auditor's former engineering supervisor suggested a change in the sample selection method, the auditor consulted with the audit supervisor. They determined that the suggested method would not be as representative and that the original selection method should be used. In this situation, the auditor:
A. Does not have independent organizational status since the auditor recently transferred from the engineering department.
B. Does not have objectivity since the auditor recently transferred from the engineering department.
C. Has subordinated professional judgment, and objectivity is therefore impaired.
D. Maintained an independent mental attitude and is therefore objective.
Answer: B

NEW QUESTION: 2
Queuing models are concerned with balancing the cost of waiting in the queue with the:
A. Cost of providing service.
B. Average waiting time in the queue.
C. Number of customers in the queue.
D. Usage rate for the service being rendered.
Answer: A
Explanation:
Queuing (waiting-line) models minimize, for a given rate of arrivals, the sum of (1) the cost of providing service (including facility costs and operating costs) and (2) the cost of idle resources waiting in line. The latter may be a direct cost, if paid employees are waiting, or an opportunity cost in the case of waiting customers. This minimization occurs at the point where the cost of waiting is balanced by the cost of providing service.

NEW QUESTION: 3
To ensure the effectiveness of corrective actions, corrective actions frequently require which of the following?
A. Performance measurements
B. Rebaselining project cost baseline
C. Root-cause analysis
D. Rebaselining project schedule baseline
E. Resource leveling
Answer: C

NEW QUESTION: 4
SIMULATION
Which are the 3 types of activities?
Answer:
Explanation:
tasks, calendar events and requested meetings