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NEW QUESTION: 1
Internal auditors must exercise due professional care by considering which of the
following?
1.Cost of assurance in relation to potential benefits.
2.Adequacy and effectiveness of governance,risk management,and control processes.
3.Management's competency level in the area being evaluated.
4.Probability of significant errors,fraud,or noncompliance.
A. 1 and 2 only
B. 1,2,and 4 only
C. 1,2,and 3 only
D. 2,3,and 4 only
Answer: B

NEW QUESTION: 2
Michael is responsible for the accounting setup. Here is the list of accounts for the accounting setup structure mapped to their requirement.
1.suspense account - suspense posting
2.reserve for encumbrance account - exchange rate gain/loss
3.non-postable net income account - average balance processing
4.ledger currency balancing account - for using Oracle subledgers and balance subledger journals by the entered currency and balancing segment value
5.entered currency balancing account - for using Oracle subledgers and balance foreign currency subledger journals by the ledger currency and balancing segment value Identify two correct mappings of accounts. (Choose two.)
A. 0
B. 1
C. 2
D. 3
E. 4
Answer: C,E

NEW QUESTION: 3
The 'classroom-based training materials' will be used as the basis for developing the 'e-learning course'.
As a result, the executive wants to ensure that the 'classroom-based training materials' are of the required standard. The executive has asked to meet the project manager every day during stage 2 to discuss progress and identify any concerns regarding quality.
Is this an appropriate approach to applying the organization theme, and why?
A. Yes, because the executive should be the key decision-maker on the project, supported by other project board members.
B. Yes, because the executive should be available to provide ad hoc direction to the project manager.
C. No, because the senior user should be responsible for specifying the quality criteria for the training materials.
D. No, because the project manager should be given authority to manage the project on a day-to-day basis.
Answer: D

NEW QUESTION: 4
DRAG DROP


Answer:
Explanation: