General Company Knowledge
Which of the following components is not one of the key objectives listed in our Company's OQRs?
A. Growth
B. Customer Experience
C. Transformation
D. People & Culture
B. Customer Experience
Our company's strategic objectives include: Growth, Operational Excellence, Transformation, and People and Culture.
Electric Meters use this metric for billing purposes.
A. Kilowatt-hour (kWh)
B. Volts
C. Amps
D. Ohms
A. Kilowatt-hour (kWh)
Gas meters use this metric for billing purposes.
A. Kilowatt hour (kWh)
B. Cubic Liters
C. Cubic Feet
D. Liter Squared
C. Cubic Feet
Procedures with a company-wide scope must obtain a final approval from which group?
A. Legal
B. HR
C. Vice President
D. Sr. Management
D. Sr. Management
Controls should be designed to ensure that:
A. Operations are performed efficiently
B. Management's plans have not been circumvented by worker collusion.
C. The internal audit activity's guidance and oversight of Management's performance is accomplished economically and efficiently.
D. Management's planning, organizing, and directing processes are properly evaluated.
A. Operations are performed efficiently
Our Company has wind operations in all states except for:
A. Wyoming
B. Colorado
C. South Dakota
D. Iowa
D. Iowa
DAILY DOUBLE!!!
A: Coal (generated) - 35%
Natural Gas (generated) - 26.4%
Wind (Generated) - 8.9%
Purchased (coal, natural gas, wind) - 29.7%
Type of gas meter that is generally used on light commercial loads and designates the capacity at 1/2 in diff. at .25 PSI.
A. Rotary
B. Diaphragm
C. Turbine
D. Large Volume
B. Diaphragm
According to the Corporate Travel and Expense Policy, supporting documentation is required for all out-of-pocket business expenses (not charged on a corporate card) that exceed what amount?
A: $50
Which of the following documents should the internal auditor examine to determine whether only authorized purchases are being accepted by the receiving department?
A. A bill of lading
B. A copy of the purchase order
C. An Invoice
D. Policies and procedures for the receiving function
B. A copy of the purchase order
How many coal mines does our Company currently own and operate?
A: 1
Our only operating mine is located in Gillette, Wyoming and is made up of Wygen and Neil System complexes.
The U.S. power grid is made up of how many major interconnecting grids?
A: 3
The national power grid in the U.S. is made up by the Western, Eastern, and Texas (ERCOT) interconnections.
How many natural gas customers does our Company have across the six states? (Answer must be within 100,000 of correct answer.)
A: 1.3 million
According to the Backup, Testing, and Disaster Recovery Procedure, if an actual recovery event has not occurred, the Systems Engineering backup administrator must schedule a test at a minimum of what frequency?
A: Annually
Internal control should follow certain basic principles to achieve its objectives. One of these principles is the segregation of functions. Which one of the following examples does not violate the principle of segregation of functions?
A. The CFO has the authority to sign checks but gives the signature block to the assistant CFO to run the check-signing machine.
B. The warehouse clerk, who has the custodial responsibility over inventory in the warehouse, may authorize disposal of damaged goods.
C. The sales manager has the responsibility to approve credit and the authority to write off accounts.
D. The department time clerk is given the undistributed payroll checks to mail to absent employees.
A. The CFO has the authority to sign checks but gives the signature block to the assistant CFO to run the check-signing machine.
In 2022, our Company established the non-regulated utility, Black Hills Energy Renewable Resources, to invest in what type of renewable energy?
A: Renewable Natural Gas
This is used to increase voltage before electricity moves to a transmission line and decrease voltage before it transfers to a distribution line.
A. Regulator
B. Transformer
C. Town Border Station (TBS)
D. District Regulator Station (DRS)
B. Transformer
DAILY DOUBLE!!!
Answer: Nebraska - $366.1 million
ARG - $268.9 million; COG - $313.6 million
IAG - $213.6 million; KSG - $155.6 million
WYG - $166.4 million
According to the "Distribution Transmission Vegetation Management (DTVMP)" Procedure, contractors must obtain written acknowledgement from the landowner for removals of trees above what height:
A. 4 inches
B. 6 inches
C. 2 feet
D. 5 feet
A. 4 inches
Analytical procedures enable the internal auditor to predict the balance or quantity of an item. Information to develop this estimate can be obtained by all of the following except:
A. Tracing transactions through the system to determine whether procedures are being applied as prescribed.
B. Comparing financial data with data for comparable prior periods, anticipated results (e.g., budgets and forecasts), and similar data for the industry in which the entity operates.
C. Styding the relationships of elements of financial data that would be expected to conform to a predicable pattern based upon the entity's experience.
D. Studying the relationships of financial data with relevant nonfinancial data.
A. Tracing transactions through the system to determine whether procedures are being applied as prescribed.
Our Company's 2022 ESG report (most recently published report), stated a goal to achieve net zero emissions related to our natural gas distribution system by what year?
A: 2035
Of BHC's electric utilities, which produced the most revenue in 2023?
A: SDE - $321.1 million
COE - $285.7 million
WYE - $212.2 million
No electric operations in Arkansas.
As it relates to gas meters, the volume of gas moving through the meter directly impacts the amount of the customer bill. Pressure and temperature have a direct impact on the volume. Identify the correct correlation that causes an increase in the volume.
A. Increases in both temperature and pressure.
B. Decreases in both temperature and pressure.
C. Increase in temperature and decrease in pressure.
D. Decrease in temperature and increase in pressure.
C. Increase in temperature and decrease in pressure.
According to the Gas SCADA Cyber Asset Backup Procedure, the System Engineering Team is responsible for all of the following except:
A. Configuring SQL backups
B. Ensuring the Enterprise backup solution storage and applications fuction as expected.
C. Creating and monitoring the backup schedule.
D. Investigating and finding the root cause of failed backups.
A. Configuring SQL backups
During the year, an entity's retained earnings increased by $25,000. Profit for the year was $42,000. The only other change in retained earnings was for the declaration of cash dividends. The amount of dividends declared was:
A. $25,000
B. $17,000
C. $42,000
D. $67,000
B. $17,000