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NEW QUESTION: 1
An organization decides to create an internal audit function and hires a new chief audit executive (CAE). Which of the following should the CAE first consider when developing the internal audit process?
A. Requirements of the external auditors to ensure an efficient coordination of audit effort.
B. Sufficient resources to adequately meet the needs of the annual audit plan.
C. An appropriate training plan for audit staff.
D. Alignment of internal audit objectives with the organization's strategic plan.
Answer: D
NEW QUESTION: 2
A user's laptop has died but the hard drive is still functioning. Which of the following is the BEST way for the user to still access and edit all of their data?
A. Burn their data to DVDs
B. USB hard drive enclosure
C. Copy their data to a USB flash drive
D. Use a SCSI to USB adaptor
Answer: B
NEW QUESTION: 3
For which activities can you use an extension ledger? Note: There are 2 correct answers to this question.
A. Simulation of foreign currency valuation
B. Adjustments for consolidation purposes
C. Parallel valuation of depreciation areas
D. Configuration of custom fields for financial statements
Answer: A,B