BEC Study Group Q4 2014 - Page 53

Viewing 15 replies - 781 through 795 (of 1,325 total)
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  • #626422
    Leena_1101
    Participant

    4 costs of quality :

    Prevention,

    Appraisal

    Internal Failure

    External Failure

    #626423
    Leena_1101
    Participant

    Casa i am freaking out, because its note there in Rogers Text book as well.

    #626424
    jstay
    Participant

    ahhh i know the terms of costs of quality but i just didnt know that those were called costs of quality

    prevention and appraisal–

    internal and external- means failure

    prevention= (prevent production of defective units) training, redesign of product or processes, higher quality suppliers

    appraisal= (detects before) inspections, testing

    internal= (catch before ship to customer) rework, scrap, etc

    external= (already shipped to customer) customer complaints, lost customers

    #626425
    Anonymous
    Inactive

    This time around I'm using Ninja, Wiley, Becker, Yaeger, cpareviewforfree and whatever else I can get my hands on!!!

    #626426
    Leena_1101
    Participant

    There is one thing in COBIT – its called COBIT enablers and these are:

    Processes – an organized set of practices to achieve objectives

    Org. Structure –

    Culture, Ethics and behavior of individuals and org

    Principles, policies and frameworks

    information produced and used by the enterprise

    services, infrastructure and applications

    people skills,and competencies

    #626427
    Anonymous
    Inactive

    Someone else want to ask a few?

    #626428
    Anonymous
    Inactive

    Becker has COBIT resources as facilities, applications, technology, people and data.

    #626429
    Leena_1101
    Participant

    Corporate Governance – Monitoring Devices ?

    #626430
    jstay
    Participant

    What are the 3 framework objectives of Coso?

    What are the 4 framework objectives of ERM?

    also, tell a little about each

    #626431
    Leena_1101
    Participant

    Ok thanks a lot, I will add this to my notes.

    #626432
    Anonymous
    Inactive

    So internal monitoring devices are things such as board of directors, internal audit, internal controls, etc. External monitoring devices would be the SEC, external audit, creditors, IRS, etc..

    #626433
    Leena_1101
    Participant

    Yes!!!

    This is great …. quizzing each other 🙂

    #626434
    Leena_1101
    Participant

    Limitations of ERM ?

    #626435
    Leena_1101
    Participant

    Casa are you using the NINJA MCQs?

    #626436
    lauren725
    Member

    Limitations of ERM

    – expensive

    – must have mgmt cooperation which can be difficult

    – takes time, training, $$

    AUD - 73,91
    FAR - 79 - Thank you God!
    BEC - 73,79!!!!
    REG - 92 whatttt??!

    I used Becker review + flashcards, Ninja Audio, Ninja MCQ supplement on BEC and REG.

    Done! Praise God!

Viewing 15 replies - 781 through 795 (of 1,325 total)
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