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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. There is assurance that all internal audit activities will be completed.
B. Improvements can be implemented in internal audit processes.
C. The status of the internal audit activity can be more clearly established.
D. The effectiveness of the internal audit activity can be measured.
Answer: C
NEW QUESTION: 2
The process of identifying and classifying the risk represented by an individual or group is called
A. Underwriting
B. Anti selection
C. Rating
D. None of the above
Answer: A
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 physical storage pool and Y is a virtual storage system
C. X is a virtual storage system and Y is a virtual storage pool
D. X is a virtual storage pool and Y is a physical storage system
Answer: C