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NEW QUESTION: 1
If an IS auditor finds evidence of risk involved in not implementing proper segregation of duties, such as having the security administrator perform an operations function, what is the auditor's primary responsibility?
A. To implement compensator controls.
B. To reassign job functions to eliminate potential fraud.
C. To advise senior management.
D. Segregation of duties is an administrative control not considered by an IS auditor.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
An IS auditor's primary responsibility is to advise senior management of the risk involved in not implementing proper segregation of duties, such as having the security administrator perform an operations function.
NEW QUESTION: 2
Consider the following queries. For these queries, assume that there are more than 200,000 Account records. These records include soft-deleted records; that is, deleted records that are still in the Recycle Bin. Note that there are two fields that are marked as External Id on the Account. These fields are Customer_Number__c and ERP_Key__c.
Which two queries are optimized for large data volumes? Choose 2 answers
A. SELECT Id FROM Account WHERE Name != ' ' AND Customer Number c = 'ValueA'
B. SELECT Id FROM Account WHERE Name != NULL
C. SELECT Id FROM Account WHERE Name != ' ' AND IsDeleted = false
D. SELECT Id FROM Account WHERE Id IN : aListVariable
Answer: A,D
NEW QUESTION: 3
A hypothecation agreement refers to
A. a document signed by a client indicating that he or she understands that some of the charts and
examples presented in a broker-dealer's advertising literature are based on hypothetical trades.
B. an agreement wherein a client gives his broker-dealer discretion to purchase securities that the
broker-dealer deems appropriate in whatever quantity the broker-dealer feels appropriate and at a time
and price the broker-dealer believes is a good deal.
C. an agreement that a client must sign prior to executing any short sales with the broker-dealer.
D. an agreement signed by a client who is executing a margin transaction that allows the broker to hold
the margined securities in street name as collateral for the loan.
Answer: D
Explanation:
A hypothecation agreement refers to an agreement signed by a client who is executing a
margin transaction that allows the broker to hold the margined securities in street name as collateral for
the loan.
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