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NEW QUESTION: 1
Financial institutions regularly identify uncollectible and charge them off against the reserve for loan losses. Auditors should ensure that the institution has developed adequate criteria for chargeoffs and select a sample of charged-off loans whether they are handled properly.
Another useful test is:
A. To select a sample of loans that are significantly paid in order to determine whether theymeet the charge-off criteria to meet the current requirements
B. To select a sample of loans that are significantly paid inorder to determine whether they meet the charge-off criteria and assess why they have not been charged off
C. To select a sample of loans that are significantly paid in order to determine whether theymeet the charge-off criteria and assess why they have not been charged off
D. To select a sample of loans that are significantly paid in order to determine whether theymeet the past criteria and assess why they have not been charged off
Answer: B

NEW QUESTION: 2
A large enterprise acquires another company which uses antivirus from a different vendor. The CISO has requested that data feeds from the two different antivirus platforms be combined in a way that allows management to assess and rate the overall effectiveness of antivirus across the entire organization. Which of the following tools can BEST meet the CISO's requirement?
A. Syslog-ng
B. CMDB
C. IPS
D. IDS
E. GRC
Answer: E
Explanation:
Explanation
GRC is a discipline that aims to coordinate information and activity across governance, risk management and compliance with the purpose of operating more efficiently, enabling effective information sharing, more effectively reporting activities and avoiding wasteful overlaps. An integrated GRC (iGRC) takes data feeds from one or more sources that detect or sense abnormalities, faults or other patterns from security or business applications.

NEW QUESTION: 3
An electronics firm authorizes a new project to develop a faster, cheaper, and smaller laptop after improvements in the industry and electronics technology. With which of the following strategic considerations is this project mainly concerned?
A. Customer request
B. Technological advance
C. Strategic opportunity
D. Market demand
Answer: B