ISACA question 5114: Which of the following controls would be MOST effective in ensuring that production source code and objectcode are synchronized?A. Ask your question. A few definition of the term are given as under: “Material control is a systematic control over purchasing, storing and consumption of materials, so as to maintain a regular and timely supply of materials, at the same time, avoiding overstocking.”, “Material control refers to the management function concerned with acquisition, storage, handling and use of materials so as to minimise wastage and losses, derive maximum economy and establish responsibility for various operations through physical checks, record keeping, accounting and other devices. It ensures proper storage of materials. Substitution This form of control involves substituting a safer process or material for the hazardous process/material identified. A. 1/ s – 5 c. s/ s + 5 d. s/ s – 5 Necessity and importance of material control. In order to undertake continuous checking of materials, the necessity of a proper system of materials control cannot be ignored. The auditors must have a sufficient understanding to assess the risks of material misstatement B. 2. 3. Elongation of existing defects perpendicular to the rolling direction. As already pointed out while explaining the scope of material management that it includes purchases of materials, storekeeping and inventory control etc. Rele For example, by eliminating a step the process that involves a hazardous material. Log in. Content Filtrations 6. Here is a closer look at these four crucial steps, as well as some insight … Cyclic loading of the part below the yield strength of the material. A few definition of the term are given as under: “Material control is a systematic control … A proper system of materials control also aims at fixing responsibility of operating units and individuals connected with the purchase, storage and handling of materials. So, here the answer is ‘B’ #8) What is Component Testing also called? Certain techniques and methods are developed under the system of materials control thereby ensuring optimum utilisation of materials. Which of the following is not a component of the control environment? Which one of the following terms is used for these techniques: (a) comminution, (b) commiseration, (c) commitment, (d) communion, or (e) communition? Poles b. A commonly used example of eliminating a hazard is a situation in which employees are working at a height above the ground level. It requires modification of planned audit procedures. It is of vital importance to exercise strict control and supervision over the purchases, storage and handling of materials. • Control: Store glassware directly onto trolleys hence eliminating the need to unload and load from the shelves. a) i,ii,iii are true and iv is false b) i,ii,iii,iv are false c) i,ii,iv are true and iii is false d) all of above is true System Component Testing. Two parts to be joined are heated then pressure is applied. B. Order processing is an importation component of the distribution system. Are you an engineering student? Content Guidelines 2. Waste minimisation involves redesigning products and processes and/or changing societal patterns of consumption and production. chetnasoni5053 chetnasoni5053 30.06.2020 Computer Science Secondary School Which of the following is a component of software 2 22) When customers cannot discriminate among products, they consider the products to be similar, and the main determinant of which product is purchased is: Which of the following is not a component of a control system? ”. 1. Which of the following is a component of software - 18942901 1. How Much You Know About Engineering Ethics? Control environment B. Material is an adaptable system of guidelines, components, and tools that support the best practices of user interface design. a. Information and communication systems C. Monitoring of controls D. Independence of the audit committee 20. In the context of control systems, _____ involves checking processes, materials, products and services to ensure that they meet high standards. D) net profit . A) sales. D. If it involves senior management, it is likely … Material is an adaptable system of guidelines, components, and tools that support the best practices of user interface design. i. The causes responsible for such losses must be brought to light and utmost efforts should be made to minimise the wastage of raw materials. Take The Engineering Drawing Multiple Choice Quiz Questions! A flaw which can resemble a cold shut is: Elements may be added to the filler metal to: When you think of an engineer you may see. ANSWER: (a) Poles. The parts are heated but not melted and a filler metal is added. The loss of material may occur on account of rust, dust, dirt or moisture, bad and careless handling of materials, poor packing and many other reasons. When you think of an engineer you may see people with the power to create that which most of us cannot and this is thanks to thousands of hours of study and practice. It is very helpful in your studying for CGSB exams. Another objective of materials control is to provide accurate information regarding material cost and inventory whenever needed by management. Backed by open-source code, Material streamlines collaboration between designers and developers, and helps teams quickly build beautiful products. Which of the following option involves material and component control? Copyright 10. Privacy Policy 8. ADVERTISEMENTS: Material Control: Meaning, Objectives, Necessity and Importance! Internal control system is implemented by the management or those charged with governance to assure that entity’s objectives regarding reporting, compliance with applicable laws and effectiveness and efficiency of operations is achieved. Module Testing iv. The following are the main objectives of materials control: The main object of material control is to ensure smooth and unrestricted production. The illegal acts have an indirect and material effect on financial statement amounts B. (a) parts undergo additional extensive processing as they are combined to make the larger product. Report a Violation, Functions and Objectives of Material Handling, Material Management: it’s Definition, Objectives and Organization, The Meaning and Scope Materials Management. The new BottomAppBar is placed at the bottom of app window in… Which of the following components of the systems model includes resources such as energy, capital, people, materials, tools and machines, time, and information? Some components have been discussed here: (1) Order Processing: A company receives orders from other companies, middlemen, or directly from customers through mail, e-mail, fax, phone, or salesmen. 6. 21) Which of the following is a component of the core strategy? For each client, you need to understand each component to plan your audit. Quality Assurance Multiple Choice Questions and Answers for competitive exams. a. TOS 7. Which of the following is a feedback mechanism for a system? Cyclic loading of the part above the yield strength of the material. A flow of authority to enforce the standards c. A means of measuring accomplishment d. A comparison of actual results with the standard Answer: B AACSB: Analytic Page: 117 . Which of the following is not a component of internal control? The flattening out of defects which makes them more easily detectable by most NDT methods, The same number of defects as in the original ingot. Answer: c Explanation: Quality and measurement control involves component control. Plagiarism Prevention 4. 1. One of the new Android Material Components that are introduced in Google I/O 2018 is BottomAppBar which is an extension of Toolbar. Quiz: Which Anime Character Are You Most Like? When you think of an engineer you may see people with the power to create that which most of us cannot and this is thanks to thousands of hours of study and practice. Material control in practice is exercised through periodical records and reports relating to purchase, receipt, inspection, storage and issuing direct and indirect materials. Castings are more susceptible to hot tears, Produce a product which is thicker then originally intended, Adversely affect the cooling rate of the newly formed material, Adversely affect the application of some non-destructive test, Larger castings can be produced using shell molds, Lower cost of production of shell molding, Appear as smooth indentations on metal surfaces, Are cavities varying in size from wide open to very tight, usually parallel with the grain, Are extremely thin and flat, generally aligned parallel to the work surface of the material, Are three dimensional discontinuities having smooth internal surfaces and generally located close to the surface of the wrought material, Removing question excerpt is a premium feature. A. This step in the reverse engineering process involves the redesign and optimization of the product. 4. 19. For knowing proper cost of production, control over materials is indispensable. Quality Control Objective Type Questions and Answers for competitive exams. Problem Domain Component Control Component Infrastructure Component All Of The Above. This is possible only by introducing an efficient materials control system. A fatigue crack is a service defect that is caused by a. Your understanding of these components lets you grasp the design of […] Question: Which Of The Following Is A Component That Orchestrates The Activation And Use Of Other Components? Proper control over material can contribute substantially to the efficiency of a business. These short solved questions or quizzes are provided by Gkseries. Before publishing your articles on this site, please read the following pages: 1. 4.20 Consider the following statement: ‘When inherent and control risk are assessed as high, the risk of material misstatement is assessed as high and an auditor will set detection risk as low, to reduce audit risk to an acceptably low level.’ Explain what it means to set detection risk as low. If quality of the raw materials is not up to desired standards, the end product will not be of desired quality which affects the sale of the product in the market resulting in loss of profits as well as goodwill of the concern. Log in. 1/ s + 5 b. In simple words, material control refers to the various measures adopted to reduce the amount of loss of materials at the time of receiving, storing and issuing the raw materials. D. Independence of the above risk factor '' be true, depending on material primary between... 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