ISACA CRISC Q&A - in .pdf

  • CRISC pdf
  • Exam Code: CRISC
  • Exam Name: Certified in Risk and Information Systems Control
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  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
Budgetary control for accounts 5020 and 5021 has a budget of $90,000 USD each for the year 2012. The accounts also have balances on obligation of $10,000 USD for each and an expenditure of $20,000 USD for each. A Fund of $50,000 USD is available for account 5020 only. You have run the Encumbrance Year End Carry Forward process for obligation from the last period of the year 2012 to the first period of year 2013.
Which statement is true?
A. If you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD, obligation $10,000 USD, and expenditure $20,000 USD only will be carried forward.
B. If you have included 5020 and 5021 in the encumbrance rule, then budget balances $90,000 USD, obligation $10,000 USD, and expenditure $20,000 USD, and the funds available $50,000 USD will be carried forward.
C. If you have included 5020 and 5021 in the encumbrance rule, then only the obligation of $10,000 USD will be carried forward.
D. If you have included 5020 and 5021 in the encumbrance rule, then obligation $10,000 USD and expenditure $20,000 USD only will be carried forward.
E. The Encumbrance Year End Carry Forward process will run for all the accounts to carry forward the general ledger balances.
Answer: B

NEW QUESTION: 2
You want to create a product promotion to be used in the Interaction Center or in the Web shop, and want to offer accessories for the new product.
Where do you maintain accessories for the new product?
A. In product master maintenance
B. In the top n list
C. In the cross-sell/ up-sell/ down-sell rules
D. In Trade Promotion Management
Answer: A

NEW QUESTION: 3
When planning an application audit, it is MOST important to evaluate risk factors by interviewing:
A. application owners
B. application users
C. IT management
D. process owners
Answer: D

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