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NEW QUESTION: 1
Who do you contact to change the RFX EnableRFX custom templates parameter?
There are 2 correct answers to this question.
Response:
A. An account executive
B. A partner consultant
C. Shared Services
D. Customer support
Answer: B,C
NEW QUESTION: 2
Of the multiple methods of handling risks which we must undertake to carry out business operations, which one involves using controls to reduce the risk?
A. Mitigation
B. Acceptance
C. Transference
D. Avoidance
Answer: A
Explanation:
Risk mitigation is the practice of the elimination of, or the significant decrease in the
level of risk presented. Mitigating risk means you work around the risk with measures to reduce
the risk. A good example could be a locked down web server or firewall. You benefit from the
service they provide but mitigate risks involved by technical measures.
Another example of risk mitigation can be seen in everyday life and are readily apparent in the
information technology world. For example, to lessen the risk of exposing personal and financial
information that is highly sensitive and confidential organizations put countermeasures in place,
such as firewalls, intrusion detection/prevention systems, and other mechanisms, to deter
malicious outsiders from accessing this highly sensitive information.
Understand that conducting business in a computing world means assumption of risk. You have to
make a management decision on whether to avoid, mitigate, transfer or simply accept it as a risk
of doing business.
The following answers are incorrect:
Avoid: Risk with avoidance is when we eliminate the risk by avoiding it altogether. No surprise
there but this answer is distinct from the others because you simply don't undertake the risky
process. It is incorrect here because you're not reducing the risk with controls as with mitigation.
Acceptance: This means that the risk is identified and understand and evaluated to be acceptable
in order to conduct business operations. It is incorrect because you are accepting that the risk is
present and conducting business anyhow but don't mitigate risk with controls like in the question
here.
Transference: When we transfer risk, we pay someone else to undertake the risk on our behalf so
that we may conduct operations and benefit from the risk but don't undertake the risky operation
ourselves. This is not the same as mitigation so it is incorrect.
The following reference(s) was used to create this question:
Gregg, Michael; Haines, Billy (2012-02-16). CASP: CompTIA Advanced Security Practitioner
Study Guide Authorized Courseware: Exam CAS-001 (p. 217-218). Wiley. Kindle Edition.
and
Hernandez CISSP, Steven (2012-12-21). Official (ISC)2 Guide to the CISSP CBK, Third Edition
((ISC)2 Press) (Kindle Locations 10183-10195). Auerbach Publications. Kindle Edition.
NEW QUESTION: 3
Event classes are transaction types used to group____________.
A. Journal Rule Sets
B. Process Categories
C. Event Models
D. Event Entities
E. Event Types
Answer: E
Explanation:
Accounting event classes group accounting event types into distinct, user-oriented groups. They typically represent the actions possible on a particular transaction or transaction type. Use event classes to group similar event types for sharing accounting definitions.
Reference: Oracle Financial Services Accounting Hub Implementation Guide, Event Classes
