ISACA CRISC Q&A - in .pdf

  • CRISC pdf
  • Exam Code: CRISC
  • Exam Name: Certified in Risk and Information Systems Control
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  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
An auditor reviews a client's accounting policies and procedures when considering which of the following
planning matters?
A. Preliminary judgments about materiality levels.
B. Method of sampling to be used.
C. Nature of reports to be rendered.
D. Understanding the client's operations and business.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. An auditor would review the client's accounting policies and procedures as part of
obtaining an understanding of the client's operations and business. This understanding is important
because it affects the design of internal control, which in turn impacts planned auditing procedures.
Choice "A" is incorrect. Although the auditor might consider the client's accounting policies and procedures
when designing a sampling plan, this is not the primary reason for the auditor's review of the client's
policies and procedures.
Choice "B" is incorrect. The client's accounting policies and procedures would not affect preliminary
judgments about materiality, which are generally based on either annualized interim financial statements
or annual financial statements from a prior period.
Choice "C" is incorrect. The client's accounting policies and procedures would not affect the nature of
reports to be rendered. The nature of reports to be rendered would be based on the type of engagement
and the specific results of that engagement.

NEW QUESTION: 2
Your neural network model is taking days to train. You want to increase the training speed. What can you do?
A. Increase the number of layers in your neural network.
B. Increase the number of input features to your model.
C. Subsample your training dataset.
D. Subsample your test dataset.
Answer: A
Explanation:
Explanation/Reference:
Reference: https://towardsdatascience.com/how-to-increase-the-accuracy-of-a-neural-network-
9f5d1c6f407d

NEW QUESTION: 3
The staffing policy for a supermarket is to have one cashier station open for every forecasted 20 customers per hour. Cashiers are hired by the hour as and when required, and do not perform any other duties.
The cost of the cashiers in relation to the number of customers would be classified as which type of cost?
A. Fixed cost
B. Semi-variable cost
C. Stepped fixed cost
D. Variable cost
Answer: A

NEW QUESTION: 4
A customer produces light projection toys for holiday decorations throughout the year. The production process creates the projections toy at the following work cells stands, main assembly, electric, visuals, and packaging.
Vendors must create visual templates for the company for each season. They must manage the transfer of visual templates to the warehouse. Each transfer for each vendor must use the same purchase agreement.
You need to configure the subcontracted transfer activity.
What should you do?
A. Set the transfer activity Freighted by value to Carrier. Ensure that purchase agreements include the vendor ID of the warehouse.
B. Set the transfer activity Freighted by value to Recipient. Ensure that purchase agreements include the vendor ID of the warehouse.
C. Set the transfer activity Freighted by value to Shipper. Ensure that purchase agreements include the vendor ID of the warehouse.
D. Set the transfer Freighted by value to Carrier. Ensure that purchase agreements include the vendor ID of the vendor.
E. Set the transfer activity Freighted by value to Recipient. Ensure that purchase agreements include the vendor ID of the vendor.
F. Set the transfer Freighted by value to Shipper. Ensure that purchase agreements include the vendor ID of the vendor.
Answer: B
Explanation:
Explanation
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/supply-chain/production-control/activity-based

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