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