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1. Which controls can user A access and manage for the following Control Manager role configuration? See details of perspective trees and control-perspective association below.
A) Controls 2 and 3
B) Only Control 1
C) None
D) All controls
E) Controls 1, 2, and 3
2. Your client has subscribed to Financial Reporting Compliance and would like to address risks using treatment plans.
Which option shows the settings that will help in achieving this configuration?
A) Configure Module Objects > Edit Risk Object Configuration > Treatment = Hide and Default
B) Configure Module Objects > Edit Risk Object Configuration > Treatment = Show
C) Configure Module Perspectives > Edit Financial Reporting Compliance > Risk-Organization mapping set to required, active.
D) Configure Module Objects > Edit Control Object Configuration > Result = Show
E) Configure Module Objects > Edit Risk Object Configuration > Result = Show
3. Your client has configured separate roles for control assessor and control assessment reviewer. The control assessor has submitted his or her assessment. The control assessor realizes later that he or she has forgotten to attach a critical test evidence document to the assessment and needs to attach it now.
How can this be accomplished?
A) The assessor can request the reviewer to reject the assessment. After the assessment is rejected, the assessor can then attach the document and resubmit the assessment.
B) On the Manage Assessments page, the assessor can select the assessment and click the Reopen button.
He or she can then attach the document and resubmit the assessment.
C) The assessor can request the reviewer to attach the document during the review.
D) On the Assessment tab in the Control definition, the assessor can select the assessment and click the Complete Assessment button. He or she can attach the document and resubmit the assessment.
4. You are building a transaction model to identify invoices with USD amounts that are greater than the supplier's average invoice amount. The order of the filters is important.
1. Add an "Average" Function filter grouping by "Supplier ID" where "Invoice Amount" is greater than 0.
2. Add a standard filter where "Invoice Currency" equals "USD."
3. Add a standard filter where the delivered "Average Value" attribute is less than "Invoice Amount." What is the correct order of the filters for this transaction model?
A) 3, 2, 1
B) 2, 3, 1
C) 2, 1, 3
D) 1, 3, 2
E) 1, 2, 3
5. Your client has three operating units.
What are two ways in which you can exclude an operating unit where there are not enough personnel to allow segregation of duties? (Choose two.)
A) Navigate to the Create Access Global Condition page and create a new condition logic filter, select the within same operating unit attribute, select the value yes, and then perform your exclusion though the advanced options check box.
B) In a model, create a new condition logic filter, select the operating unit attribute, select the operating unit value, and then perform an exclusion though the advanced options check box.
C) Navigate to the Create Access Global Condition page and create a new condition logic filter, select the operating unit attribute, select the operating unit value, and then perform an exclusion though the advanced options check box.
D) In a model, create a new condition logic filter, select the operating unit attribute and select the operating unit value.
E) In a model, create a new condition logic filter, select the within same operating unit attribute, select the value yes, and then perform your exclusion though the advanced options check box.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: E | Question # 5 Answer: A,E |
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