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NEW QUESTION: 1

A. Option B
B. Option D
C. Option C
D. Option A
Answer: D

NEW QUESTION: 2
The use of a bilateral netting scheme for FX settlements results in:
A. A single net settlement per day
B. Multiple settlements per currency, per counterparty, per day for those netted settlements
C. One net settlement per currency, per counterparty, per day
D. One net settlement per currency, per day
Answer: D

NEW QUESTION: 3

Select and Place:

Answer:
Explanation:

NEW QUESTION: 4
FISMA requires federal agencies to protect IT systems and data. How often should compliance be audited by an external organization?
A. Quarterly
B. Never
C. Every three years
D. Annually
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Inspection of FISMA is required to be done annually. Each year, agencies must have an independent evaluation of their program. The objective is to determine the effectiveness of the program. These evaluations include:
Testing for effectiveness: Policies, procedures, and practices are to be tested. This evaluation does not

test every policy, procedure, and practice. Instead, a representative sample is tested.
An assessment or report: This report identifies the agency's compliance as well as lists compliance with

FISMA. It also lists compliance with other standards and guidelines.
Incorrect Answers:
B, C, D: Auditing of compliance by external organization is done annually, not quarterly or every three year.