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NEW QUESTION: 1
Management controls are the plans, methods, and procedures adopted by management for measuring, reporting, and monitoring program performance. All of the following are objectives of management control EXCEPT:
A. Validity and reliability of data.
B. Compliance with laws and regulations.
C. Controlled operations
D. Program operations
Answer: C

NEW QUESTION: 2
State National Bank is a $250 million community bank. It makes a variety of consumer and commercial loans, regularly transmits funds via wire transfers for its customers, and issues commercial and stand-by letters of credit. Which of the following transactions can State National make without checking the OFAC SDN list and without incurring liability?
A. Cash an on-us check over-the-counter for a noncustomer.
B. Sell a cashier's check payable to a third party.
C. Send a wire transfer via its correspondent bank in New York for a commercial customer.
D. None. The bank can be liable for all.
Answer: D

NEW QUESTION: 3
A host profile is created from a reference host in Cluster A and applied to all hosts in the same cluster. What effect is expected when the administrator updates the DNS settings on the reference host?
A. The host profile is updated automatically
B. The reference host enters maintenance mode
C. DNS settings are updated for all hosts in the cluster
D. The reference host becomes non-compliant
Answer: D