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NEW QUESTION: 1
Which of the following actions assures management that the organization's objectives are protected from the occurrence of risk events?
A. Risk assessment
B. Internal control
C. Risk management
D. Hedging
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Internal controls are the actions taken by the organization to help to assure management that the organization's objectives are protected from the occurrence of risk events. Internal control objectives are applicable to all manual or automated areas. Internal control objectives include:
Internal accounting controls- They control accounting operations, including safeguarding assets and

financial records.
Operational controls- They focus on day-to-day operations, functions, and activities. They ensure that

all the organization's objectives are being accomplished.
Administrative controls- They focus on operational efficiency in a functional area and stick to

management policies.
Incorrect Answers:
B: Risk management is the identification, assessment, and prioritization of risks followed by coordinated and economical application of resources. It is done to minimize, monitor, and control the probability and impact of unfortunate events or to maximize the realization of opportunities.
C: Hedging is the process of managing the risk of price changes in physical material by offsetting that risk in the futures market. In other words, it is the avoidance of risk. So, it only avoids risk but can not assure protection against risk.
D: Risk assessment is a process of analyzing the identified risk, both quantitatively and qualitatively.
Quantitative risk assessment requires calculations of two components of risk, the magnitude of the potential loss, and the probability that the loss will occur. While qualitatively risk assessment checks the severity of risk. The assessment attempts to determine the likelihood of the risk being realized and the impact of the risk on the operation. This provides several conclusions:
Probability-establishing the likelihood of occurrence and reoccurrence of specific risks, independently

and combined.
Interdependencies-the relationship between different types of risk. For instance, one risk may have

greater potential of occurring if another risk has occurred. Or probability or impact of a situation may increase with combined risk.

NEW QUESTION: 2
You have a SharePoint Server 2019 farm that contains thousands of term sets and terms.
You deploy hybrid SharePoint taxonomy and hybrid content types.
From a SharePoint server, you sign in by using a user account named SPAdmin.
You run copy-spTaxonomyGroups and receive an Access Denied error.
You need to copy the term sets to SharePoint Online successfully.
What should you do?
A. Add the SharePoint Timer Service Log On As account to the Term Store Administrators group.
B. Add the SharePoint Timer Service Log On As account to the Farm Administrators group.
C. Add SPAdmin to the Term Store Administrators group.
D. Add SPAdmin to the Farm Administrators group.
Answer: B

NEW QUESTION: 3
Which of the following statements is least accurate with respect to the rationales and drawbacks of using the price/earnings (P/E) ratio for valuation purposes?
A. When earnings are negative, P/E will be meaningless and thus should not be used.
B. Earnings influence valuations heavily. Differences in P/E ratios simply reflect fundamental differences between companies and thus the ratio should be used.
C. Some stocks are illiquid and thus its price might not be efficient, consequently P/E should not be used.
Answer: C
Explanation:
Even if a stock is illiquid, in most likelihood, its price reflects this illiquidity discount. However,
P/E is really used to compare the valuation of stocks relative to each other. Thus, if the stock price is undervalued, then there is a stronger argument to use the P/E ratio so that this attractive investment may be identified.

NEW QUESTION: 4
Which command will restore all datafiles to the date 9/30/2008 at 18:00 hours?
A. restore database until time '09/28/2008:18:00:00';
B. restore datafiles until time '09/28/2008:21:03:11';
C. recover database until time '09/28/2008:18:00:00';
D. restore database files until time '09/28/2008:18:00:00';
E. recover database until timestamp '09/28/2008:18:00:00';
Answer: A