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NEW QUESTION: 1
During "Teen age years" life stage, typical asset allocation should be
A. 25% equities, rest in fixed income instruments
B. None of the above
C. 50% equities, rest in fixed income instruments
D. 75% equities, rest in fixed income instruments
Answer: B

NEW QUESTION: 2
What is a Project WBS?
A. A structure showing the product configurations.
B. Division of the project scope into hierarchical and manageable packages of work.
C. Definition of the GICs which will be applicable to the project scope.
D. Division of the project into cost centers for proper cost allocation.
Answer: B

NEW QUESTION: 3
Which of the following methods would an auditor most likely use to document a complex sales order process?
A. Develop a horizontal flowchart, with supporting documentation for key control points.
B. Utilize a systems narrative, which can be updated during subsequent audits.
C. Create a critical path method chart, noting the processes involved for each step.
D. Perform a process review, assigning time and cost to each step of the process to develop a hierarchy flowchart.
Answer: A

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