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NEW QUESTION: 1

A. Option C
B. Option A
C. Option B
D. Option D
Answer: C

NEW QUESTION: 2
Is it appropriate for an IS auditor from a company that is considering outsourcing its IS processing to request and review a copy of each vendor's business continuity plan?
A. No, because the backup to be provided should be specified adequately in the contract.
B. Yes, because based on the plan, an IS auditor will evaluate the financial stability of the service bureau and its ability to fulfill the contract.
C. Yes, because an IS auditor will evaluate the adequacy of the service bureau's plan and assist their company in implementing a complementary plan.
D. No, because the service bureau's business continuity plan is proprietary information.
Answer: C
Explanation:
The primary responsibility of an IS auditor is to assure that the company assets are being safeguarded. This is true even if the assets do not reside on the immediate premises. Reputable service bureaus will have a well-designed and tested business continuity plan.

NEW QUESTION: 3
Given:

What is the result?
A. Marrown NanRed JesOran
B. Marrown String out of limits
C. Marrown String out of limits JesOran
D. Marrown String out of limits Array out of limits
Answer: C

NEW QUESTION: 4
Altman's Z-score does not consider which of the following ratios:
A. Net income to total assets
B. Market capitalization to debt
C. Sales to total assets
D. Working capital to total assets
Answer: A
Explanation:
Explanation
A computation of Altman's Z-score considers the following ratios:
- Working capital to total assets
- Retained earnings to total assets
- EBIT to total assets
- Market cap to debt
- Sales to total assets
It does not consider Net Income to total assets, therefore Choice 'c' is the correct answer. This makes sense as net income is after interest and taxes, both of which are not relevant for considering the cash flows for debt servicing.