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NEW QUESTION: 1
Which of the following controls is the most for a system identified as critical in terms of data and function to the organization?
A. Compensating controls
B. Monitoring control
C. Preventive controls
D. Cost controls
Answer: B
NEW QUESTION: 2
Why would an entity maintain a compensating cash balance?
A. To provide a reserve in case of unforeseen fluctuations in cash flows.
B. To make routine payments and collections.
C. To pay for banking services.
D. To take advantage of bargain purchase opportunities that may arise.
Answer: C
Explanation:
The compensating cash balance is the money left in a checking account in the bank in order to compensate the bank for services it provides.
NEW QUESTION: 3
For which condition types can you maintain a condition master record for pricing?
There are 2 correct answers to this question.
Response:
A. Cash discount - SKTO
B. Surcharges - KP01
C. Costs - VPRS
D. Freight - KF00
Answer: B,D
NEW QUESTION: 4
A manager suspects a user has obtained movies protected by copyright using a torrent client. An incident response technician responds and verifies the user has indeed been violating company policy. Which of the following would be the next BEST step for this technician to perform?
A. Immediately delete all unauthorized materials.
B. Document the incident, purge all policy violating materials.
C. Reprimand the user and apply a content filter to their profile.
D. Secure the workstation in a limited access facility.
Answer: D
