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  • Exam Code: MSP-Practitioner
  • Exam Name: MSP Practitioner, 5th edition Exam
  • PDF Version: V19.35
  • Q & A: 365 Questions and Answers
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  • Exam Code: MSP-Practitioner
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NEW QUESTION: 1
Your customer wants to load certain accounts with both local and reporting currencies without doing a currency translation.
Which expression in the formula of the business rule for currency conversion can you use to achieve this?
Please choose the correct answer.
Response:
A. [NOTRANS]
B. 0
C. [AS_IS]
D. [COPYLC]
Answer: C

NEW QUESTION: 2
If the accounting method on the Subledger Accounting method page has an assigned chart of accounts (COA), which two types of Journal entry rule sets can be used?
A. Rule sets assigned to a secondary ledger with a different COA
B. Rule sets not associated with any chart of accounts
C. Rule sets that have a mapping set to convert the accounts
D. Rule sets where the accounting rules override the method rule set
E. Rule sets that use the same chart of accounts
Answer: A,D

NEW QUESTION: 3
The development of the 'e-learning course' will be outsourced to an external supplier and their key members will join the project management team. The supplier wants to keep their work processes confidential and not share these with ABC Company. ABC Company has agreed.
Who should approve the external supplier's team plan?
A. Senior supplier
B. Corporate, programme management or customer
C. Supplier assurance
D. Project manager
Answer: B

NEW QUESTION: 4
.When auditing third-party service providers, an IS auditor should be concerned with which of the following? Choose the BEST answer.
A. A statement of due care and confidentiality, and the capability for continued service of the service provider in the event of a disaster
B. Ownership of the programs and files
C. A statement of due care
D. Ownership of programs and files, a statement of due care and confidentiality, and the capability for continued service of the service provider in the event of a disaster
Answer: D
Explanation:
When auditing third-party service providers, an auditor should be concerned with ownership of programs and files, a statement of due care and confidentiality, and the capability for continued service of the service provider in the event of a disaster.

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