Which of the Following Statements Is Not True Regarding People

question 43

Multiple Choice

Which of the following statements is not true regarding people skills for IT auditors?

• A)People skills are more important than technical skills
• B)An example of people skills would be the ability to work on a team
• C)In the case of protecting against computer viruses, technical skills matter more than people skills
• D)Many internal controls evaluated by auditors concern human behavior

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Definitions:

LIFO

Last In, First Out, an inventory valuation method where the most recently produced items are recorded as sold first.

Bonus Rate

An additional rate of interest applied over the standard rate in certain savings accounts or investments as an incentive.

Specific Identification Method

An inventory valuation method that tracks the cost of specific items purchased and sold.

Net Income

The total earnings of a company after subtracting all expenses, including taxes and operational costs, from its total revenues.