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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. Improvements can be implemented in internal audit processes.
B. There is assurance that all internal audit activities will be completed.
C. The effectiveness of the internal audit activity can be measured.
D. The status of the internal audit activity can be more clearly established.
Answer: D

NEW QUESTION: 2
The process of identifying and classifying the risk represented by an individual or group is called
A. Rating
B. Anti selection
C. Underwriting
D. None of the above
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 system and Y is a virtual storage pool
C. X is a physical storage pool and Y is a virtual storage system
D. X is a virtual storage pool and Y is a physical storage system
Answer: B