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  • Exam Name: Business Knowledge for Internal Auditing
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NEW QUESTION: 1
The internal auditor of a bank has developed a multiple regression model that has been used for a number of years to estimate the amount of interest income from commercial loans. During the current year, the auditor applies the model and discovers that the r2 value has decreased dramatically, but the model otherwise seems to be working. Which of the following conclusions is justified by the change?
A. Some new factors not included in the model are causing interest income to change.
B. A linear regression analysis would increase the model's reliability.
C. Changing to a cross-sectional regression analysis should cause r 2Xo increase.
D. Regression analysis is no longer an appropriate technique to estimate interest income.
Answer: A
Explanation:
The coefficient of determination (r2) is the amount of variation in the dependent variable (interest income) that is explained by the independent variables. In this case, less of the change in interest income is explained by the model. Thus, some other factor must be causing interest income to change. This change merits audit investigation.

NEW QUESTION: 2

Refer to the exhibit. VPN load balancing provides a way to distribute remote access, IPsec, and SSL VPN
connections across multiple security appliances. Which remote access client types does the load
balancing feature support?
A. Cisco AnyConnect Secure Mobility Client
B. IPsec site-to-site tunnels
C. L2TP over IPsec
D. OpenVPN
Answer: A

NEW QUESTION: 3
DRAG DROP


Answer:
Explanation:


NEW QUESTION: 4
Where do you configure the Performance-Potential Matrix Grid icons?
Please choose the correct answer.
Response:
A. Admin Tools
B. User Data File
C. Provisioning
D. Succession Data model
Answer: A

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