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NEW QUESTION: 1
During business process reengineering (BPR) of a bank's teller activities, an IS auditor should evaluate:
A. the impact of changed business processes.
B. continuous improvement and monitoring plans.
C. the cost of new controls.
D. BPR project plans
Answer: A
NEW QUESTION: 2
If a purely competitive firm seeks to maximize profit, the firm should
A. increase output whenever marginal cost is less than average total cost.
B. choose the output where per-unit profit is greatest.
C. increase output whenever price exceeds marginal cost.
Answer: C
Explanation:
The purely competitive firm maximizes profit when price is equal to marginal cost. If marginal cost is below price, the firm should expand output until marginal cost rises enough to be equal to price.
NEW QUESTION: 3
A. Option B
B. Option A
Answer: A
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