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NEW QUESTION: 1
Which of the following actions are appropriate for the chief audit executive to perform when identifying audit resource requirements?
1. Consider employees from other operational areas as audit resources, to provide additional audit coverage in the organization.
2. Approach an external service provider to conduct internal audits on certain areas of the organization, due to a lack of skills in the organization.
3. Suggest to the audit committee that an audit of technology be deferred until staff can be trained, due to limited IT audit skills among the audit staff.
4. Communicate to senior management a summary report on the status and adequacy of audit resources.
A. 2, 3, and 4
B. 1, 2, and 4
C. 1 and 3 only
D. 2 and 4 only
Answer: B
NEW QUESTION: 2
Which of the following is NOT defined as a primary ORA computing foundation component?
A. Grid Computing
B. Distributed Computing
C. Caching
D. Utility Computing
Answer: C
Explanation:
Primary ORA computing foundation components: Distributed Computing On-Demand Computing Utility Computing Grid Computing Cloud Computing Elastic Computing Virtualization
Reference: Oracle Reference Architecture, Application Infrastructure Foundation, Release 3.0
NEW QUESTION: 3
Which one of the following represents an ALE calculation?
A. asset value x loss expectancy.
B. actual replacement cost - proceeds of salvage.
C. gross loss expectancy x loss frequency.
D. single loss expectancy x annualized rate of occurrence.
Answer: D
Explanation:
Single Loss Expectancy (SLE) is the dollar amount that would be lost if there was a loss of an asset. Annualized Rate of Occurrence (ARO) is an estimated possibility of a threat to an asset taking place in one year (for example if there is a change of a flood occuring once in 10 years the ARO would be .1, and if there was a chance of a flood occuring once in 100 years then the ARO would be .01).
The following answers are incorrect:
gross loss expectancy x loss frequency. Is incorrect because this is a distractor. actual replacement cost - proceeds of salvage. Is incorrect because this is a distractor. asset value x loss expectancy. Is incorrect because this is a distractor.