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NEW QUESTION: 1
A computer company charges indirect manufacturing costs to a project at a fixed percentage of a cost pool. This project is covered by a cost-plus government contract.
Which of the following is an appropriate guideline for determining how costs are assigned to the pool?
A. Assign prime costs and variable administrative costs to the same pool.
B. Establish a separate pool for each assembly line worker to account for wages.
C. Assign all manufacturing costs related to the project to the same pool.
D. Establish separate pools for variable and fixed costs.
Answer: D
Explanation:
Cost pools are accounts in which a variety of similar costs are accumulated prior to allocation to cost objectives. The overhead account is a cost pool into which various types of overhead are accumulated prior to their allocation. Indirect manufacturing costs are an element of overhead allocated to a cost pool. Ordinarily, different allocation methods are applied to variable and fixed costs, thus requiring them to be separated. Establishing separate pools allows the determination of dual overhead rates. As a result, the assessment of capacity costs, the charging of appropriate rates to user departments, and the isolation of variances are facilitated.
NEW QUESTION: 2
Company leadership believes employees are experiencing an increased number of cyber attacks; however, the metrics do not show this. Currently, the company uses "Number of successful phishing attacks" as a KRI, but it does not show an increase.
Which of the following additional information should be the Chief Information Security Officer (CISO) include in the report?
A. The number of phishing attacks per employee
B. The ratio of phishing emails to non-phishing emails
C. The percent of successful phishing attacks
D. The number of unsuccessful phishing attacks
Answer: D
Explanation:
The "Number of successful phishing attacks" alone does not mean a lot, since you must know how many phishing attacks are done. This way, IMHO "C. The number of unsuccessful phishing attacks" and "D. The percent of successful phishing attacks" would be correct. I would mark C, since it complements the KRI you already have.
NEW QUESTION: 3
A. Option B
B. Option D
C. Option C
D. Option A
Answer: A,C