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1) Which of the following controls can minimize the threat of theft or fraudulent distribution of paychecks? A) Redepositing unclaimed paychecks and investigating cause. B)

1)

Which of the following controls can minimize the threat of theft or fraudulent distribution of paychecks? A) Redepositing unclaimed paychecks and investigating cause. B) Issuing earnings statements to employees.

C) Using biometric authentication. D) Conducting criminal background investigation checks of all applicants for finance-related positions.

2)

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3)

Identify one major drawback that is frequently associated with canned software.

A) A commercial software development company develops it. B) Canned software is sold on the open market to a broad range of users with similar requirements.

C) Canned software may not meet all of a company's information or data processing needs.

D) Canned software may offer easy availability and lower costs.

32. Refer to the table below, which shows the results of payback, net present value, and internal rate of return analysis of four projects. Which is preferred by the net present value criterion? Payback NPV 4 4.5 $2,199 20.24% $201 $1,851 19.64% $510 IRR 11.81% 12.59% A) Project A B) Project B C) Project C D) Project D

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