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NEW QUESTION: 1
All of the following is a list of principles for formulating well-stated audit objectives EXCEPT:
A. Review the audit objectives with management or others requesting the audit and Frame objectives that consider a realistic scope and methodology.
B. There is no need to clearly identify the customer.
C. Clearly identify the type of performance to be audited and separate objectives if more than one element of performance is to be reviewed.
D. Phrase objectives either as precisely worded questions or as items to determine (e.g., "To determine whether...").
Answer: B
NEW QUESTION: 2
Which description of a canary deployment is true?
A. deployment by accident
B. deployment relating to data mining development
C. deployment that is rolled back automatically after a configurable amount of minutes
D. deployment to a limited set of servers or users
Answer: D
NEW QUESTION: 3
According to the Financial Action Task Force 40 Recommendations, simplified customer due diligence or reduced measures could be acceptable for which of the following types of products or transactions?
1. Life insurance policies where the annual premium is no more than USD/EUR 1,000 or a single premium of no more than USD/EUR 2,500.
2. Insurance policies for pension schemes if there is no surrender clause and the policy cannot be used as collateral.
3. A pension that provides retirement benefits to employees.
4. Trusts where the settlor, trustee and beneficiaries are identified and the shares are in bearer form.
A. 1, 2, and 4 only
B. 1, 2, and 3 only
C. 2, 3, and 4 only
D. 1, 3, and 4 only
Answer: B
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