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The chairperson of XYZ Company is concerned about the readability of the annual financial report that is about to be published on its website. XYZ Company is obliged to comply with International Financial Reporting Standards, and the report contains all of the required financial statements, the auditor's report, corporate governance statements, declarations of accounting policy, explanatory notes and a section that addresses the company's corporate social responsibility program.
The chairperson is wondering whether the report can be condensed. The issue that is concerning the chairperson is known as
A. the cost of compliance.
B. information overload.
C. the agency costs of monitoring.
D. the costs of social responsibility reporting.
Answer: B
NEW QUESTION: 2
Which of the following is correct?
A. Impact analysis assesses the effect on the system of a defect found in regression testing.
B. Impact analysis assesses whether or not a defect found in regression testing has been fixed correctly.
C. Impact analysis assesses the effect of a change to the system to determine how much regression testing to do.
D. Impact analysis assesses the effect of a new person joining the regression test team.
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I. Adopting lean techniques to reduce cycle time
II. Continually developing new service features to take the place of services that have become "must
haves"
III. Responding to the needs of a diverse customer base
IV. Understanding and working closely with multiple publishers
A. II and III only
B. III only
C. I, II, III, and IV
D. II, III, and IV only
Answer: C
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