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Exam Code: CGRC
Exam Name: Certified in Governance Risk and Compliance
Vendor: ISC

60 Questions & Answers
Verified by IT Certification Professionals

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NEW QUESTION: 1
Intraperiod income tax allocation arises because
A. certain revenues and expenses appear in the financial statements but are excluded from taxable income.
B. certain revenues and expenses appear in the financial statements either before or after they are included in taxable income.
C. none of these answers.
D. income taxes must be allocated between current and future periods.
E. items included in the determination of taxable income may be presented in different sections of the financial statements.
Answer: E
Explanation:
Explanation/Reference:
Explanation:
To provide a fair presentation of the results of operations, accounting rules require that income tax expense for the period be allocated among income from continuing operations, discontinued operations, extraordinary items, and items charged or credited to shareholders' equity.

NEW QUESTION: 2
Click the Exhibit button and view both exhibits.




The 10 Gigabit Ethernet link 1/0/25 between the HP A5800 switches in the exhibit is disconnected from IRF Member 5 for several minutes. What happens when the cable is reconnected?
A. The IRF split stack is not detected.
B. IRF Member 3 is the Master.
C. IRF Member 2 is the Master.
D. IRF Member 4 is the Master.
E. More than one switch is Master.
F. IRF Member 5 is the Master.
Answer: C

NEW QUESTION: 3
Which of the following needs to be considered when designing Ethernet networks with redundancy?
A. FDB size is doubled.
B. MAC learning rate is doubled.
C. Requires a protocol to remove loops.
D. Processing the TTL takes extra time.
Answer: C


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