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NEW QUESTION: 1
Which of the following statements is true regarding outsourced business processes?
A. Outsourced business processes should not be considered in the internal audit universe because the controls are owned by the external service provider.
B. The system of internal controls may be better and more efficient when the business process is outsourced compared to internally sourced.
C. The key controls of outsourced business processes typically are more difficult to audit because they are designed and managed externally.
D. Generally, independence is improved when the internal audit activity reviews outsourced business processes.
Answer: B
NEW QUESTION: 2
Two mutually exclusive projects each have a cost of $10,000. The total, undiscounted cash flows from Project L are $15,000, while the undiscounted cash flows from Project S total $13,000. Their NPV profiles cross at a discount rate of 10 percent. Which of the following statements best describes this situation?
A. Project S should be selected at any cost of capital, because it has a higher IRR.
B. The NPV and IRR methods will select the same project if the cost of capital is greater than 10 percent; for example, 18 percent.
C. The NPV and IRR methods will select the same project if the cost of capital is less than 10 percent; for example, 8 percent.
D. Project L should be selected at any cost of capital, because it has a higher IRR.
E. To determine if a ranking conflict will occur between the two projects the cost of capital is needed as well as an additional piece of information.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The crossover rate is the discount rate at which the NPV profiles of the two projects cross and, thus, at which the projects' NPVs are equal. As long as the discount rate is greater than the crossover rate, both the NPV and IRR methods will lead to the same conclusion.
NEW QUESTION: 3
The primary security objectives for the client of an Infrastructure as a Service (laaS) model should be:
A. Governance of user access to applications, protection of sensitive data, and visibility into enterprise application & service usage.
B. Protection of cloud infrastructure (secure deployment of workloads, meeting of compliance objectives), and full operational visibility & governance across cloud deployments.
C. Enabling developers to compose secure cloud applications & services, protection against application & data threats, and complete visibility into application & data service usage.
Answer: C
Explanation:
Reference:
https://www950.ibm.com/events/wwe/impact/impact2014cms.nsf/download/k2e5e53077cee7cee1456b 9e76f8/$FILE/Impact2014_3112.pdf
NEW QUESTION: 4
Referring to the above screen capture, on which controller can you modify APs configuration to enable ARM?
A. Controller 10.1.20.100 and 10.254.1.3 only
B. None of the Controllers
C. On Controllers where ARM is enabled
D. Controller 10.1.10.100 only
E. All three Controllers
Answer: D