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NEW QUESTION 40
A U.S. company and a European company purchased the same stock on a European stock exchange and held the stock for one year. If the value of the euro weakened against the U.S dollar during the period, in comparison with the European company's return, the U.S company's return will be:

• A. Indeterminate from the information provided.
• B. Higher.
• C. Lower.
• D. The same.

Answer: C

Explanation:
Because the return to the U.S. company is adversely affected and the return to the European company is unaffected, the return to the U.S. company will definitely be lower than the return to the European company.

NEW QUESTION 41
According to Maslow's hierarchy of needs theory, which of the Mowing best describes a strategy where a manager offers an assignment to a subordinate specifically to support his professional growth and future advancement?

• A. Sense of belonging in the organization
• B. Esteem by colleagues
• C. Sell-fulfillment
• D. Job security

Answer: C

NEW QUESTION 42
A holding company set up a centralized group technology department, using a local area network with a mainframe computer to process accounting information for all companies within the group. An internal auditor would expect to find all of the following controls within the technology department except:

• A. Adequate segregation of duties between data processing controls and file security controls.
• B. Established procedures to prevent and detect unauthorized changes to data files.
• C. Documented procedures for remote job entry and for local data file retention.
• D. Emergency and disaster recovery procedures and maintenance agreements in place to ensure continuity of operations.

Answer: C

NEW QUESTION 43
......

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