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NEW QUESTION: 1
Assuming there are no leakages out of the banking system, a money multiplier equal to 10 means that:
A. An additional $10 of reserves create one dollar of deposits.
B. Each additional dollar of reserves creates $10 of additional deposits.
C. Each additional dollar of deposits creates $10 of reserves.
Answer: B
Explanation:
Additional reserves create additional deposits, not the other way around.

NEW QUESTION: 2
Which of the following controls would an IS auditor look for in an environment where duties cannot be appropriately segregated?
A. Access controls
B. Boundary controls
C. Overlapping controls
D. Compensating controls
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Compensating controls are internal controls that are intended to reduce the risk of an existing or potential control weakness that may arise when duties cannot be appropriately segregated. Overlapping controls are two controls addressing the same control objective or exposure. Since primary controls cannot be achieved when duties cannot or are not appropriately segregated, it is difficult to install overlapping controls. Boundary controls establish the interface between the would-be user of a computer system and the computer system itself, and are individual-based, not role-based, controls. Access controls for resources are based on individuals and not on roles.

NEW QUESTION: 3
An existing EMC Data Domain customer currently has one Data Domain system at their headquarters (HQ) data center. They would like to mirror all data from the HQ Data Domain system to a Data Domain system at their disaster recovery site using collection replication.
When proposing a solution, what should the customer be told about collection replication?
A. Performance statistics are replicated from the source system.
B. Bi-directional collection replication can be set up between the two systems.
C. Logs and messages are replicated from the source system.
D. Username and passwords are replicated from the source system.
Answer: D