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NEW QUESTION: 1
Identifying residual risk is MOST important to which of the following concepts?
A. Risk mitigation
B. Risk acceptance
C. Risk avoidance
D. Risk deterrence
Answer: B
Explanation:
Risk acceptance is often the choice you must make when the cost of implementing any of the other four choices exceeds the value of the harm that would occur if the risk came to fruition. To truly qualify as acceptance, it cannot be a risk where the administrator or manager is unaware of its existence; it has to be an identified risk for which those involved understand the potential cost or damage and agree to accept it. Residual risk is always present and will remain a risk thus it should be accepted (risk acceptance)
Incorrect Answers:
A. Risk deterrence involves understanding something about the enemy and letting them know the harm that can come their way if they cause harm to you.
C. Risk mitigation is accomplished any time you take steps to reduce risk. This category includes installing antivirus software, educating users about possible threats, monitoring network traffic, adding a firewall, and so on.
D. Risk Avoidance is the opposite of risk acceptance and involves identifying a risk and making the decision not to engage any longer in the actions associated with that risk.
References:
D Dulaney, Emmett and Chuck Eastton, CompTIA Security+ Study Guide, 6th Edition, Sybex, Indianapolis, 2014, pp. 3,
9, 10
NEW QUESTION: 2
Your company uses two-way matching to create vendor invoices.
Which elements are used in the two-way matching process?
A. Price information on the invoice and price information on the purchase order
B. Invoice total amount and the total amount on the purchase order
C. Quantity received and quantity invoiced
D. Quantity ordered on the purchase order and quantity invoiced
Answer: A
Explanation:
Two-way matching - Match the price information on the invoice to the price information on the purchase order.
Reference: About Accounts payable invoice matching [AX 2012]
NEW QUESTION: 3
Gary is the project manager of his organization. He is managing a project that is similar to a project his organization completed recently. Gary has decided that he will use the information from
the past project to help him and the project team to identify the risks that may be present in the project. Management agrees that this checklist approach is ideal and will save time in the project. Which of the following statement is most accurate about the limitations of the checklist analysis approach for Gary?
A. The checklist analysis approach is fast but it is impossible to build and exhaustive checklist.
B. The checklist is also known as top down risk assessment.
C. The checklist analysis approach saves time, but can cost more.
D. The checklist analysis approach only uses qualitative analysis.
Answer: A
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