
CPHRM Authorized Test Dumps, ASHRM CPHRM Latest Mock Exam | New CPHRM Test Preparation - FreeTorrent

Exam Code: CPHRM
Exam Name: Certified Professional in Health Care Risk Management (CPHRM)
Version: V22.75
Q & A: 580 Questions and Answers
CPHRM Free Demo download
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NEW QUESTION: 1
Refer to the Exhibit.
When developing Component1, the integration developer needs to query the balance of the
source Account.
Assume that the namespace of all types is http://ExampleProcess.
Which of the following is the BEST solution?
A. AccountMgnt Partner1 = (AccountMgnt)
ServiceManager.INSTANCE.locateService("AccountMgntPartner1");
DataObject balance = (DataObject) partner1.getBalance(source);
B. Service partner1 = (Service)
ServiceManager.INSTANCE.locateService("http://ExampleProcess","AccountMgntPartner1
");
DataObject balance = (DataObject) partner1. getBalance(source);
C. Service partner1 = (Service)
ServiceManager.INSTANCE.locateService("AccountMgntPartner1");
DataObject balance = (DataObject) partner1.invoke("getBalance", source);
D. Service partner1 = (Service) ServiceManager.INSTANCE.locateService("http://ExampleProcess","AccountMgntPartner1
");
DataObject balance = (DataObject) partner1.invoke("getBalance", source);
Answer: C
NEW QUESTION: 2
Refer to the exhibit
Communication between London and New York is down Which command set must be applied to resolve this issue?
A)
B)
C)
D)
A. Option B
B. Option C
C. Option A
D. Option D
Answer: A
NEW QUESTION: 3
Which of the following internal control components provides the foundation for the other components and encompasses such factors as management's philosophy and operating style?
A. Risk assessment
B. Information and communication
C. Control environment
D. Control activities
Answer: C
Explanation:
Explanation/Reference:
Explanation:
COSO defines internal control as, "a process, influenced by an entity's board of directors, management, and other personnel, that is designed to provide reasonable assurance in the effectiveness and efficiency of operations, reliability of financial reporting, and the compliance of applicable laws and regulations". The auditor evaluates the organization's control structure by understanding the organization's five interrelated control components, which are as follows:
1. Control Environment: It provides the foundation for the other components and encompasses such factors as management's philosophy and operating style.
2. Risk Assessment: It consists of risk identification and analysis.
3. Control Activities: It consists of the policies and procedures that ensure employees carry out management's directions.
The types of control activities an organization must implement are preventative controls (controls intended to stop an error from occurring), detective controls (controls intended to detect if an error has occurred), and mitigating controls (control activities that can mitigate the risks associated with a key control not operating effectively).
4. Information and Communication: It ensures the organization obtains pertinent information, and then communicates it throughout the organization.
5. Monitoring: It involves reviewing the output generated by control activities and conducting special evaluations. In addition to understanding the organization's control components, the auditor must also evaluate the organization's General and Application controls. There are three audit risk components:
control risk, detection risk, and inherent risk.
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