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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. Sell a cashier's check payable to a third party.
B. None. The bank can be liable for all.
C. Cash an on-us check over-the-counter for a noncustomer.
D. Send a wire transfer via its correspondent bank in New York for a commercial customer.
Answer: B

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 reference host becomes non-compliant
B. The host profile is updated automatically
C. DNS settings are updated for all hosts in the cluster
D. The reference host enters maintenance mode
Answer: A