Which of the following principles is shared by both hierarchical and open organizational structures?
1) A superior can delegate the authority to make decisions but cannot delegate the ultimate responsibility for the results of those decisions
2) A supervisor's span of control should not exceed seven subordinates
3) Responsibility should be accompanied by adequate authority
4) Employees at all levels should be empowered to make decisions.

• A.1 and 4 only.
• B.2 and 3 only
• C.3 and 4 only.
• D.1 and 3 only.

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Which of the following must be adjusted to index a progressive tax system to inflation?

• A.Tax deductions, exemptions, and tax filings.
• B.Tax deductions, exemptions, and tax brackets.
• C.Tax brackets, tax deductions, and tax payments.
• D.Tax brackets, exemptions, and nominal tax receipts.

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Which of the following is not included in the process of user authentication?

• A.Authorization.
• B.Validation.
• C.Verification.
• D.Identification.

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Which of the following organization structures would most likely be able to cope with rapid changes and uncertainties?

• A.Decentralized.
• B.Centralized.
• C.Tall structure.
• D.Departmentalized.

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Which of the following statements is correct regarding risk analysis?

• A.Risk analysis must be reduced to quantitative terms in order to provide meaningful comparisons across an organization.
• B.The highest risk assessment should always be assigned to the area with the highest probability of occurrence.
• C.The highest risk assessment should always be assigned to the area with the largest potential loss.
• D.The extent to which management judgments are required in an area could serve as a risk factor in assisting the auditor in making a comparative risk analysis.

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