OCEG GRCP Q&A - in .pdf

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  • Exam Code: GRCP
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NEW QUESTION: 1
You are developing a BI Semantic Model (BISM) that retrieves data from several sources including a SQL Azure database and an OData data feed. The model will be deployed to a server with significantly more memory than the total size of the source data.
You have the data feed URL, which you will use when developing the model in SQL Server Data Tools (SSDT).
The model must meet the following requirements:
You need to choose a project type and a data access mode to meet the requirements.
What should you do?
A. Select the multidimensional project type and use the ROLAP storage mode.
B. Select the multidimensional project type and use the MOLAP storage mode.
C. Select the tabular project type and use the In-Memory query mode.
D. Select the tabular project type and use the DirectQuery query mode.
Answer: C

NEW QUESTION: 2
Under which of the following circumstances would the use of the blank form of confirmations of accounts
receivable most likely be preferable to positive confirmations?
A. The combined assessed level of inherent risk and control risk is low.
B. The recipients are likely to sign the confirmations without devoting proper attention to them.
C. Subsequent cash receipts are unusually difficult to verify.
D. Analytical procedures indicate that few exceptions are expected.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "A" is correct. If the recipients of confirmations are likely to sign them without devoting proper
attention to them, it is possible that a misstatement in the related receivable will not be discovered by the
auditor (i.e., when the balance on the confirmation is incorrect and the recipient mistakenly signs it
anyway). Use of the blank form of confirmation provides a greater degree of assurance in this situation
because it forces the recipient to determine the receivable balance.
Choice "B" is incorrect. Inability to verify subsequent cash receipts makes follow-up of unconfirmed
accounts more difficult. Since blank forms may result in lower response rates (because they require
additional effort), use of the blank form in this situation would be less likely.
Choice "C" is incorrect. If few exceptions are expected, it would be acceptable to use positive
confirmations. (Blank confirmations may provide a greater degree of assurance, which would be more
important if many exceptions were expected.)
Choice "D" is incorrect. In low risk situations, it would be acceptable to use positive confirmations. (Blank
confirmations may provide a greater degree of assurance, which would be more important in high risk
situations.)

NEW QUESTION: 3
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A. com.collation.discover.dwcount
B. com.collation.discover.observer.topopumpcount
C. com.ibm.cdb.pro.consumers
D. com.ibm.cdb.pro.queueSize
Answer: A

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