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NEW QUESTION: 1
An auditor desired to test credit approval on 10,000 sales invoices processed during the year. The auditor
designed a statistical sample that would provide 1% risk of assessing control risk too low (99% confidence)
that not more than 7% of the sales invoices lacked approval. The auditor estimated from previous
experience that about 2.5% of the sales invoices lacked approval.
A sample of 200 invoices was examined and 7 of them were lacking approval. The auditor then
determined the upper deviation rate to be 8%. The allowance for sampling risk was:
A. 5.5%
B. 4.5%
C. 1%
D. 3.5%
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. The allowance for sampling risk is the excess of the 8% upper deviation rate over the
3.5% (= 7 ÷ 200) sample deviation rate, or 4.5%.
Choices "A", "C", and "D" are incorrect, based on the above Explanation.
NEW QUESTION: 2
Response:
A. Option D
B. Option A
C. Option C
D. Option B
Answer: B
NEW QUESTION: 3
Which integrated controls provide visibility into the actions of an administrator who has access to sensitive records?
A. Endpoint management, incident response, and fraud prevention.
B. Anti-virus protection, network protection, and database monitoring.
C. Security analytics, fraud prevention, and threat information sharing.
D. Security intelligence, database monitoring, and privileged identity management.
Answer: D
NEW QUESTION: 4
An administrator has a MS-Windows type policy that has failed for a Microsoft Windows NetBackup client.
The policy uses the ALL_LOCAL_DRIVES backup selection. See the extract from the end of the job details below:
Which two logs will provide the most relevant information for troubleshooting and resolving the error? (Select two.)
A. Netbackup bpfis logs on the client.
B. NetBackup bpfis logs on the media server
C. Netbackup bptm logs on the media server
D. Operating system logs on the client
E. Operating system logs on the media server
Answer: B,D
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