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NEW QUESTION: 1
To identify shortages of specific items in an inventory of expensive goods held for retail sale, the most appropriate audit work step is to
A. Compare physical inventory counts to perpetual records.
B. Analyzecurrent and previous inventory turnover rates.
C. Develop inventory estimates based on the gross profit percentage method.
D. Apply the retail method of inventory valuation.
Answer: A

NEW QUESTION: 2
Which department is responsible for deal settlement?
A. The middle office
B. The U department
C. The back office (Operations)
D. The front office
Answer: B

NEW QUESTION: 3
An attack initiated by an entity that is authorized to access system resources but uses them in a way not approved by those who granted the authorization is known as a(n):
A. outside attack.
B. passive attack.
C. inside attack.
D. active attack.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
An attack by an authorized user is known as an inside attack.
An insider attack is a malicious attack perpetrated on a network or computer system by a person with authorized system access.
Insiders that perform attacks have a distinct advantage over external attackers because they have authorized system access and also may be familiar with network architecture and system policies/ procedures. In addition, there may be less security against insider attacks because many organizations focus on protection from external attacks.
An insider attack is also known as an insider threat.
Incorrect Answers:
A: In an active attack, the attacker attempts to make changes to data on the target or data as it is transmitted to the target. An attack by an authorized user could be an active type of attack but it is not known as an active attack.
B: An attack by an authorized user is not known as an outside attack.
D: In a passive attack, the attacker attempts to learn information but does not affect resources. An attack by an authorized user could be passive in nature but it is not known as a passive attack.
References:
https://www.techopedia.com/definition/26217/insider-attack

NEW QUESTION: 4
For employers with 15 or more employees, records of all job announcements, applications, and resumes must be kept for one year under which of the following acts?
A. Title VII of the Civil Rights Act
B. Americans with Disabilities Act
C. Temporary Employee Records
D. Executive Order 11246
Answer: B
Explanation:
Answer option B is correct.The Americans with Disabilities Act applies to employers with 15 or more employees, and regulates employment practices-including record-keeping and retention-related to qualified individuals with a disability. EO 11246 (A) and Title VII of the Civil Rights Act (C) established standards for non-discriminatory employment practices. See Chapter 2 for more information. Chapter: Core Knowledge Requirements for HR Professionals Objective: Employee Records Management