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NEW QUESTION: 1
What statement is true regarding a custom field formula?
A. 4000 character is the limit on the compiled size of the formula
B. Not reference standard, custom, or other objects
C. Can contain formulas upto 4000 character
D. Formula can reference themselves
Answer: A
NEW QUESTION: 2
Which of the following characteristics is most distinctive of lean manufacturing?
A. Qualitative measurements
B. Teamwork
C. Bottom-line results
D. Continuous improvement
Answer: D
NEW QUESTION: 3
The chief audit executive (CAE) of a new organization is in the process of determining the
manner in which audit reports will be distributed and to whom. According to the Standards, which of the following is the most appropriate course of action for the CAE to take to develop this distribution process?
A. The CAE should meet with senior management for their input, but finalize the distribution of all reports with the board.
B. The CAE should independently implement the report distribution, using best judgment to ensure that all relevant stakeholders are informed.
C. The CAE should request that senior management and the board meet to determine the most appropriate reporting method.
D. The process should be determined in meetings with the external auditor and senior management to ensure alignment with external reporting.
Answer: A