WGU Financial-Management Q&A - in .pdf

  • Financial-Management pdf
  • Exam Code: Financial-Management
  • Exam Name: WGU Financial Management VBC1
  • PDF Version: V19.35
  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
When Cisco ASA applies VPN permissions, what is the first set of attributes that it applies?
A. group policy attributes
B. connection profile attributes
C. dynamic access policy attributes
D. user attributes
Answer: C

NEW QUESTION: 2
What APs can be configured as a Certificate based RAP?
A. AP125
B. AP105
C. RAP5
D. AP70
E. AP93
Answer: A,B,C,E

NEW QUESTION: 3

A. 0
B. 1
C. 2
D. 3
E. 4
Answer: E

NEW QUESTION: 4
When companies use information technology (IT) extensively, evidence may be available only in electronic
form. What is an auditor's best course of action in such situations?
A. Use audit software to perform analytical procedures.
B. Perform limited tests of controls over electronic data.
C. Use generalized audit software to extract evidence from client databases.
D. Assess the control risk as high.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. When companies use information technology (IT) extensively and evidence is
available only in electronic form, generalized audit software packages generate the programs necessary to
interrogate the files and extract and analyze the data.
Choice "A" is incorrect. The use of information technology does not automatically imply that control risk is
high. The auditor would need to evaluate the client's controls to make this determination.
Choice "B" is incorrect. Although audit software might be used to perform analytical procedures, the data
would first need to be extracted from the client's system. A generalized audit software package is the best
way to do this.
Choice "D" is incorrect. If information technology is used extensively, the auditor would likely perform more
than limited tests of controls over electronic data.

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