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NEW QUESTION: 1
Which of the following are appropriate reasons for internal auditors to document processes
as part of an audit engagement?
1.To determine areas of primary concern.
2.To establish a standard format for process mapping.
3.To define areas of responsibility within the organization.
4.To assess the performance of employees.
A. 2 and 4 only
B. 2 and 3 only
C. 1 and 3 only
D. 1 and 2 only
Answer: C

NEW QUESTION: 2
Universal Containers has set the organization-wide default to public read-only for accounts, contacts, and
opportunities. Activities are set to be controlled by the parent. The ABC corporation account is owned by a
sales user whose profile grants to create, read, edit and delete access to accounts, contacts and opportunities.
Based on this information, the owner of the ABC Corporation account record has the rights to take which
actions?
A. Transfer ownership of related contacts and opportunities owned by other users
B. View, edit, and delete activities owned by other users directly related to the account
C. View, edit and delete related contacts and opportunities owned by other users
D. Share the account with other users through manual sharing and account teams
Answer: D

NEW QUESTION: 3
What is the difference between expected monetary value and net present value?
A. Expected value is the probability times impact of an opportunity and net present value is the benefits less costs over many time periods.
B. Expected value is the value it takes to recover your investment and net present value is the value of money.
C. Expected value is the estimated value of risk response plans and net present value helps determine the value of investments.
D. Expected value is the estimated value of the work actually accomplished and net
present value is the value of the work to be done.
Answer: A

NEW QUESTION: 4
Software was found to take much more time than the stated requirement of less than one second to save a file.
Upon investigation it was found that there was an unnecessary check inside a loop which was slowing down
the file-save operation. The software not being able to meet the desired response time is an example of
A. Error
B. It is not a defect
C. Failure
D. Defect
Answer: C