ISACA CRISC Q&A - in .pdf

  • CRISC pdf
  • Exam Code: CRISC
  • Exam Name: Certified in Risk and Information Systems Control
  • PDF Version: V19.35
  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
When compared to a low severity high frequency risk, the operational risk capital requirement for a medium severity medium frequency risk is likely to be:
A. Lower
B. Higher
C. Zero
D. Unaffected by differences in frequency or severity
Answer: B
Explanation:
Explanation
High frequency and low severity risks, for example the risks of fraud losses for a credit card issuer, may have high expected losses, but low unexpected losses. In other words, we can generally expect these losses to stay within a small expected and known range. The capital requirement will be the worst case losses at a given confidence level less expected losses, and in such cases this can be expected to be low.
On the other hand, medium severity medium frequency risks, such as the risks of unexpected legal claims,
'fat-finger' trading errors, will have low expected losses but a high level of unexpected losses. Thus the capital requirement for such risks will be high.
It is also worthwhile mentioning high severity and low frequency risks - for example a rogue trader circumventing all controls and bringing the bank down, or a terrorist strike or natural disaster creating other losses - will probably have zero expected losses & high unexpected losses but only at very high levels of confidence. In other words, operational risk capital is unlikely to provide for such events and these would lie in the part of the tail that is not covered by most levels of confidence when calculating operational risk capital.
Note that risk capital is required for only unexpected losses as expected losses are to be borne by P&L reserves. Therefore the operational risk capital requirements for a low severity high frequency risk is likely to be low when compared to other risks that are lower frequency but higher severity.
Thus Choice 'c' is the correct answer.

NEW QUESTION: 2
A company has a Windows Server 2008 R2 Hyper-V server environment. the environment is managed with Microsoft System Center Virtual Machine Manager (VMM) 2008 R2.
You need to add a new fixed virtual hard disk (VHD) to an existing virtual machine (VM).
What should you do?
A. Install the server application on a physical server with four CPUs.
B. Assign 4 GB of static memory to the VM.
C. Add a disk drive to the VM using the iscsicli.exe command line tool.
D. Add a synthetic network adapter to the VM and select the Enable spoofing of MAC addresses option.
E. Assign 1 GB of startup RAM and 16GB of Maximum RAM to the VM.
F. Add an emulated network adapter to the VM and select the Enable spoofing of MAC addresses option.
G. Add an emulated network adapter to the VM and select the Enable virtual network optimizations option.
H. Assign 1 GB of startup RAM and 8GB of Maximum RAM to the V
I. Add a disk drive to the VM using the New-VirtualDiskDrive Powershell cmdlet.
J. Add a disk drive to the VM using the Add-SharedVirtualDiskDrive Powershell cmdlet.
K. Set the network adapter to use an iSCSI network tag.
L. Install the server application in a VM with the latest supported integration components.
M. Add a synthetic network adapter to the VM and select the Enable virtual network optimizations option.
Answer: I
Explanation:
To help you remember: virtual hard disk = New-VirtualDiskDrive PowerShell cmdlet
Much the same as before really, it doesn't matter whether you are dealing with a dynamic virtual disk or a fixed virtual disk the answer is the same.
How to Add a Virtual Hard Disk to a Virtual Machine
Applies To: Virtual Machine Manager 2008, Virtual Machine Manager 2008 R2, Virtual Machine Manager 2008 R2 SP1 You can add a virtual hard disk to an IDE device or a SCSI adapter with the following procedure. By default, any hardware profile includes a built-in IDE drive. You can add and configure up to four virtual SCSI adapters to a virtual machine. Use this procedure when modifying a hardware profile or configuring hardware profile settings from the New Template Wizard or the New Virtual Machine Wizard.
Note
In VMM 2008 R2, if a virtual machine is deployed on a host that is using the Hyper-V implementation of the SCSI controller, you can add or remove a virtual hard disk or pass-through disk from the SCSI controller while the virtual machine is running. On all other storage configurations, you must stop the virtual machine before adding or removing a disk.
To add a virtual hard disk
To add a virtual hard disk, take one of the following actions:
To add a virtual hard disk to an IDE bus, in the left pane, under Bus Configuration, click IDE Devices, and
then click VHD on the top toolbar.
To add a virtual hard disk to a SCSI bus, click SCSI Adapter on the top toolbar and then click VHD on the
toolbar.
Under Channel, select a channel to attach to this virtual hard disk.
Under Virtual Hard Disk, select one of the following options:
Use an existing virtual hard disk. Select this option if you want to add an existing virtual hard disk to the
virtual machine. Click Browse to display the Select a virtual hard disk dialog box, and then select the
virtual hard disk that you want to use from the list that displays on this screen.
Create a new virtual hard disk (available on the hardware profile for a virtual machine). Select this option
if you want to create a new virtual hard disk. Modify the values for the following options:
Type. Select Dynamic (default) or Fixed.
Size. Specify, in gigabytes (GB), the size of a fixed virtual hard disk or the maximum size of a dynamically
expanding virtual hard disk.
Destination file name. Specify the name of a new virtual hard disk.

NEW QUESTION: 3
While creating a Purchase Order, you observe that the system is defaulting Net 30 as the payment term instead of the intended payment term Net 15.
Identify two ways to achieve the desired defaulting. (Choose two.)
A. Set Net 30 for the supplier site and leave the payment term blank in procurement options.
B. Update Net 15 in procurement options and Net 30 for the supplier site.
C. Update Net 15 in procurement options and leave the payment term blank for this supplier at all levels.
D. Set Net 15 for the supplier site.
Answer: C,D

NEW QUESTION: 4

A. Option B
B. Option A
C. Option D
D. Option C
Answer: D

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