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Workday Pro Prism Analytics Exam
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- Exam Name : Workday Pro Prism Analytics Exam
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NEW QUESTION: 1
What is a concern of NAS management?
A. Configuring the system to meet application performance requirements
B. SCSI over IP
C. Configuring the system to meet limited interconnectivity options
D. Managing the system to integrate multiple block level access ports to the NAS devices
E. Managing the system to prevent multiple client access to visible volumes
Answer: A
NEW QUESTION: 2
In WinBox when clicking the 'Backup' button in the Files window, the following happens (select all that apply):
A. Optionally backup name and password can be specified
B. Backup file is saved to the computer desktop
C. Backup file will contain usernames and passwords of the router
D. Backup file is created. Name contains the router identity, the date and time of its creation
Answer: D
NEW QUESTION: 3
If an auditor's risk assessment is based on the effective operation of controls, the auditor will likely:
A. Identify specific internal controls that are likely to detect or prevent material misstatements.
B. Perform tests of details of transactions and account balances to identify potential errors and fraud.
C. Document that the additional audit effort to perform tests of controls exceeds the potential reduction in
substantive testing.
D. Apply analytical procedures to both financial data and nonfinancial information to detect conditions that
may indicate weak controls.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. Assessing risk based on the effective operation of controls involves (1) identifying
specific internal controls relevant to specific assertions that are likely to prevent or detect material
misstatements in those assertions, and (2) performing tests of such controls to evaluate their
effectiveness.
Choice "A" is incorrect. Analytical procedures are used for planning purposes, as substantive tests, or as a
final overall review. They are not used to support a risk assessment based on the effective operation of
controls.
Choice "B" is incorrect. Tests of details of transactions and account balances to identify potential errors
and fraud are substantive tests. They are not used to support a risk assessment based on the effective
operation of controls.
Choice "D" is incorrect. The auditor may not assess risk based on the effective operation of controls unless
tests of controls are performed. However, if the audit effort required to perform tests of controls exceeds
the potential reduction in substantive testing, tests of controls will not be performed because doing so
would reduce audit efficiency.
NEW QUESTION: 4
A customer is discussing the use of object storage for backup and recovery using Scality. Does this statement describe a best practice?
Solution:AIL data is directly written to the Scality Ring and automatically re-hydrated by the Scality software to the backup application storage pool when necessary.
A. No
B. Yes
Answer: B