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NEW QUESTION: 1
Which of the following tools will you use to transfer the ownership of a selected object?

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

NEW QUESTION: 2
You are working in an enterprise. You enterprise is willing to accept a certain amount of risk. What is this risk called?
A. Aversion
B. Tolerance
C. Hedging
D. Explanation:
Risk appetite considers the qualitative and quantitative aspects of accepting risks in an organization. The term refers to the type of risks the organization is willing to pursue, as well as amount of risk and the level of risk. Risk appetite is the amount of risk a company or other entity is willing to accept in pursuit of its mission. This is the responsibility of the board to decide risk appetite of an enterprise. When considering the risk appetite levels for the enterprise, the following two major factors should be taken into account: The enterprise's objective capacity to absorb loss, e.g., financial loss, reputation damage, etc. The culture towards risk taking-cautious or aggressive. In other words, the amount of loss the enterprise wants to accept in pursue of its objective fulfillment.
E. Appetite
Answer: E
Explanation:
and A are incorrect. Aversion and hedging are related to each other and represents the avoidance of risk within the organization. Answer:D is incorrect. The acceptable variation relative to the achievement of an objective is termed as risk tolerance. In other words, risk tolerance is the acceptable deviation from the level set by the risk appetite and business objectives. Risk tolerance is defined at the enterprise level by the board and clearly communicated to all stakeholders. A process should be in place to review and approve any exceptions to such standards.

NEW QUESTION: 3
When are the system-defined default roles added to the configuration on the controller?
A. when created manually
B. when an RF Protect license is added to the controller
C. when a PEF-NG license is added to the controller
D. when the controller is first booted
Answer: C

NEW QUESTION: 4
One category of fraud is fraudulent statements. This is usually in the form of falsication of nancial statements in order to obtain some form of improper benet. It also includes
falsifying documents such as employee credentials.
Which one of the following is correct about risk assessment procedures related to fraud by the external auditor?
A. The auditor has no duty to identify fraud in the organisation, hence no inquiries are required.
B. The auditor shall make inquiries of top management only as appropriate, to determine whether they have knowledge of any actual, suspected or alleged fraud affecting the entity.
C. The auditor shall not evaluate any unusual or unexpected relationships that have been identified in performing analytical procedures which may indicate risks of material misstatement due to fraud.
D. The auditor shall make inquiries of management, and others within the entity as appropriate, to determine whether they have knowledge of any actual, suspected or alleged fraud affecting the entity.
Answer: D