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NEW QUESTION: 1
To determine the sample size for a test of controls, an auditor should consider the tolerable deviation rate,
the allowable risk of assessing control risk too low, and the:
A. Upper deviation rate.
B. Risk of incorrect acceptance.
C. Expected deviation rate.
D. Risk of incorrect rejection.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "A" is correct. When determining the sample size for a test of controls, the auditor should consider
the expected deviation rate (which is the auditor's best estimate of the deviation rate in the population
before the sampling plan is executed), the tolerable deviation rate, and the allowable risk of assessing
control risk too low.
Choice "B" is incorrect. The upper deviation rate is used to evaluate a balance after a sampling plan has
been performed, not to determine the sample size for a test of controls.
Choices "C" and "D" are incorrect. The risk of incorrect acceptance and risk of incorrect rejection are
considered in direct tests of balances (i.e., substantive tests), not in tests of controls.
NEW QUESTION: 2
You need to recommend a storage solution for the VMs that meets the company's technical requirements.
What should you include in the recommendation?
A. one Storage Area Network (SAN) and one logical unit number (LUN) for each VM
B. one Storage Area Network (SAN) and one logical unit number (LUN) configured as a Clustered Shared Volume
C. internal disks and one volume for each VM
D. internal disks and one volume shared between all of the VMs
Answer: A
NEW QUESTION: 3
Which method of load balancing describes "Round Robin"?
A. Assigns service requests to servers at random.
B. Assigns service requests to the next server in a series.
C. Measures the load on each server to determine which server has the most available resources.
D. Ensures that incoming requests are handled by the server with the fastest response time.
Answer: B
NEW QUESTION: 4
What is the primary role of the position-keeper in a dealing room?
A. to keep the balance or position of the accounts or nostros in each currency representing the accounts held by the bank's agents
B. to keep the management informed about interest rate developments
C. to invest funds at the highest available interest rate
D. to keep the multilateral limits updated
Answer: A
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