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NEW QUESTION: 1
According to IIA guidance, which of the following should be formally documented in the internal audit charter?
A. The internal audit activity's responsibility for imposing risk management processes.
B. The internal audit activity's responsibility for the organization's governance framework.
C. The budgeting process for the internal audit activity.
D. The nature of consulting services provided by the internal audit activity.
Answer: D
NEW QUESTION: 2
Driving too fast for weather conditions, turning too fast, or stopping suddenly on slippery roads may cause your vehicle to._____.
A. All of the above
B. Stall
C. Lurch forward
D. Skid
Answer: D
NEW QUESTION: 3
기업의 배당 성향이 높은 경우. 그때. 다른 모든 것이 동일하면 다음을 갖습니다.
A. 투자 기회 일정이 줄어 듭니다.
B. 낮은 한계 자본 비용.
C. 더 높은 투자 기회 일정.
D. 더 높은 한계 자본 비용.
Answer: D
Explanation:
The higher the dividend-payout ratio, the sooner retained earnings are exhausted and the entity must seek external financing. Assuming the name investments are undertaken, the result is a higher marginal coot of capital because lower-cost capital sources will be used up earlier.