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NEW QUESTION: 1
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.

NEW QUESTION: 2
솔루션 아키텍트는 새로운 미션 크리티컬 벨치 프로세싱 빌링 애플리케이션을 위한 아키텍처를 설계해야 합니다. 월요일에 애플리케이션을 실행해야 합니다. 수요일과 금요일 오전 5 시부 터 오전 11 시까 지 가장 비용 효율적인 Amazon EC2 요금 모델은 무엇입니까?
A. 전용 Amazon EC2 인스턴스
B. Amazon EC2 스팟 인스턴스
C. 예약 된 예약 인스턴스
D. 온 디맨드 Amazon EC2 인스턴스
Answer: B

NEW QUESTION: 3
HOTSPOT


Answer:
Explanation:

Explanation:
Process Add


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