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NEW QUESTION: 1
It is important for a chief audit executive to seek formal approval from the board regarding an internal audit charter so that:
A. The effectiveness of the internal audit activity can be measured.
B. There is assurance that all internal audit activities will be completed.
C. The status of the internal audit activity can be more clearly established.
D. Improvements can be implemented in internal audit processes.
Answer: C
NEW QUESTION: 2
The process of identifying and classifying the risk represented by an individual or group is called
A. None of the above
B. Anti selection
C. Underwriting
D. Rating
Answer: C
NEW QUESTION: 3
The exhibit illustrates a software-defined storage environment. What do the labels "X" and "Y" represent in the exhibit?
A. X is a virtualstorage pool and Y is a virtual storage system
B. X is a virtual storage pool and Y is a physical storage system
C. X is a physical storage pool and Y is a virtual storage system
D. X is a virtual storage system and Y is a virtual storage pool
Answer: D