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NEW QUESTION: 1
The CIO of an organization is concerned that the information security policies may not be comprehensive.
Which of the following should an IS auditor recommend be performed FIRST?
A. Determine if there is j process to handle exceptions to the policies
B. Compare the policies against an industry framework.
C. Establish a governance board to track compliance with the policies
D. Obtain a copy of their competitor's policies
Answer: B

NEW QUESTION: 2
The practice of recording advanced payments from customers as liabilities is an application of the:
A. Monetary unit assumption.
B. Revenue recognition principle.
C. Going concern assumption.
D. Historic cost principle.
Answer: B
Explanation:
Since the amount received in cash has not yet been earned, it is appropriate to record the advance payment as a liability of the company. This is an example of the revenue recognition principle. Which states that revenue should not be recognized until it is earned.

NEW QUESTION: 3
What are three system requirements before beginning the Workspace ONE and Active Directory Federation Services integration? (Choose three.)
A. Microsoft Active Directory Federation Services administrator role
B. A VMware Identity Manager tenant with user role
C. Ensure the same users is synced only to Active Directory Federation Services
D. Active Directory Integration
E. VMware Identity Manager using VMware Identity Manager connector
F. Enterprise Integration Service
Answer: A,B,E


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CPQ-301 Exam Info

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CPQ-301 Exam Topics

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