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NEW QUESTION: 1
The price elasticity of demand is a negative number. This means:
A. Demand is price elastic.
B. An increase in income will reduce the quantity demanded.
C. The demand curve is downward sloping.
Answer: C
Explanation:
This means that an increase in price leads to a fall in quantity demanded; this means the demand curve is downward sloping.
We cannot tell how responsive the quantity demanded from this, only that price and quantity demanded are inversely related.
NEW QUESTION: 2
When reviewing a risk response strategy, senior management's PRIMARY focus should be placed on the:
A. cost-benefit analysis.
B. alignment with risk appetite.
C. key performance indicators (KPIs).
D. investment portfolio.
Answer: A
NEW QUESTION: 3
When you develop your audit remediation plan what is the MOST important criteria?
A. To remediate half of the findings before the next audit.
B. To validate the remediation process with the auditor.
C. To validate that the cost of the remediation is less than the risk of the finding.
D. To remediate all of the findings before the next audit.
Answer: C
NEW QUESTION: 4
You want to break down a composite message into a series of individual messages. Which standard splitting methods are available?
Note: There are 2 correct answers to this question.
Response:
A. IDoc Splitter
B. PKCS#7/CMS Splitter
C. JSON Splitter
D. Mail Splitter
Answer: A,B
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