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NEW QUESTION: 1
Which of the following items is considered as an objective of the three dimensional model within the framework described in COSO ERM?
A. Control environment
B. Monitoring
C. Explanation:
The COSO ERM (Enterprise Risk Management) frame work is a 3-dimentional model. The dimensions and their components include: Strategic Objectives - includes strategic, operations, reporting, and compliance. Risk Components - includes Internal Environment, Objectives settings, Event identification, Risk assessment, Risk response, Control activities, Information and communication, and monitoring. Organizational Levels - include subsidiary, business unit, division, and entity-level. The COSO ERM framework contains eight risk components: Internal Environment Objective Settings Event Identification Risk Assessment Risk Response Control Activities Information and Communication Monitoring Section 404 of the Sarbanes-Oley act specifies a three dimensional model- COSO ERM, comprised of Internal control components, Internal control objectives, and organization entities. All the items listed are components except Financial reporting which is an internal control objective.
D. Financial reporting
E. Risk assessment
Answer: D
Explanation:
A, and D are incorrect. They are the Internal control components, not the Internal control objectives.
NEW QUESTION: 2
Market evidence indicated that adjustable-rate preferred stocks generally required yields in the range of
______________ basic points.
A. 42 to 445
B. 32-500
C. 48-498
D. 50-500
Answer: A
NEW QUESTION: 3
A. Option A
B. Option B
C. Option C
D. Option D
Answer: C
NEW QUESTION: 4
A. Microsoft System Center 2012 R2 Datacenter server management license (ML)
B. Microsoft Core CAL Suite
C. Microsoft System Center 2012 R2 Standard server management license (ML)
D. Microsoft System Center 2012 R2 Client Management Suite
Answer: B,C
Explanation:
Explanation
B: System Center 2012 R2 Standard Edition provides an easy and economical option for managing non-virtualized and lightly virtualized servers C: Need CAL licenses for the clients.
Incorrect:
Not D: System Center 2012 R2 Datacenter Edition provides an easy and economical option for managing virtualized servers-