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NEW QUESTION: 1
When purchasing temporary investments, which one of the following best describes the risk associated
with the ability to sell the investment in a short period of time without significant price concessions?
A. Interest rate risk.
B. Liquidity risk.
C. Purchasing power risk.
D. Financial risk.
Answer: B
Explanation:
Choice "d" is correct. Liquidity risk is associated with the ability to sell the temporary investment in a short
period of time without significant price concessions. Choice "a" is incorrect. Interest rate risk is the
fluctuation in the value of a "financial asset" when interest rates change. Choice "b" is incorrect.
Purchasing power risk is the risk that price levels will change and affect asset values (mostly real estate).
Choice "c" is incorrect. Financial risk is a general category of risk that includes:
. Interest rate risk
. Market risk
. Purchasing power risk
. Liquidity risk
. Default risk
NEW QUESTION: 2
You develop a SharePoint app to create an approval workflow for expense reports. The app must collect user input before starting the workflow.
You need to use ASP.NET forms in the workflow.
Which form type should you use?
A. Workflow modification form
B. Workflow task form
C. Workflow initiation form
D. Workflow input form
Answer: C
Explanation:
You may want your workflow to collect information from the person who starts it, and then reference this information later in the workflow. For example, imagine that you are designing a workflow that assigns a document review task. In some workflows of this kind, it might make sense to always automatically assign the review task to the same participant and to always use the same formula for calculating the due date. But in your workflow, you want the person who manually starts the workflow to specify both the reviewer and the due date. You can set this up by adding custom fields to the workflow initiation form and requiring that the workflow be started manually.
How workflow uses initiation form information
Reference: Create a workflow initiation form
NEW QUESTION: 3
According to IIA guidance, which of the following best describes processes and tools typically used in ongoing internal assessments?
A. Self-assessments and surveys of stakeholder groups.
B. Analysis of performance metrics such as cycle times.
C. Report of internal assessment results, response plans, and outcomes.
D. Benchmarking of the internal audit activity's practices and performance.
Answer: B
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