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Exam Code: APS
Exam Name: Accredited Payables Specialist (APS) Certification Exam
Vendor: IOFM

60 Questions & Answers
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NEW QUESTION: 1
An organization has acquired a new line of business. None of the organization's internal auditors have the required expertise to perform an internal audit of the new business line; therefore, the chief audit executive (CAE) has contracted the services of an external audit firm to perform the engagement. The CAE has assigned a member of the internal audit team to assist the external team with the engagement. According to the Standards, which of the following statements is true regarding supervision of the engagement?
A. The CAE is not responsible for the quality of an audit performed by an external firm.
B. The external firm's auditor in charge must defer to the judgment of the CAE for any disputes.
C. The CAE should not assign an inexperienced staff member to assist with the engagement.
D. The CAE may rely upon the external firm's auditor in charge to supervise the engagement.
Answer: B

NEW QUESTION: 2
In a RAID 5 group comprised of three disks, if 10110110 and 11010011 are written to the same stripe on the two data disks, respectively, 01100101 is calculated using the XOR function and then written to the parity disk.
A. TRUE
B. FALSE
Answer: A

NEW QUESTION: 3
In data mining, there are two types of models:
Note: There are 2 correct answers to this question.
A. Descriptive models, which allow one to describe datasets.
B. Predictive and explanatory models, which allow one to predict
and explain phenomena,
C. The client application must be able to access both the name
server and the SAP Predictive Analytics server.
D. The SAP Predictive Analytics server must be able to access
the name server.
Answer: A,B


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