1. End user computing resource are best utilized for which activity?
   1. as a replacement for an ERP
   2. for one-off, or rarely utilized, reports
   3. for routine tasks that may be automated by purchasing proprietary software
   4. in general, utilizing in-house spreadsheet programs, such as Excel, provide the most cost effective solution to replace an aging ERP

2. Accountants have very diverse skill requirements; yet, an expectation of accountants is that they are able to
   1. Correct documentation prepared by others
   2. Read and understand system documentation
   3. Teach others to prepare documentation
   4. Prepare documentation and document how a proposed new system will work for a company.
3. Each of the following may be shown as an entity in the REA document for the Revenue Cycle except:
   1. Inventory
   2. members of the sales team
   3. credit manager
   4. payroll management
4. . Which of the following identifies a good control environment?

a.the physical controls for the heating and air conditioning system are set to annual timers b. the CFO may alter invoices that she believes are incorrect c. managers are exempt from certain internal controls d. the expectations to follow guidelines are the same for a warehouse employee as their manager