ISACA IT-Risk-Fundamentals Q&A - in .pdf

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NEW QUESTION: 1
Which modes does the 2.0 release of the HP VAN SDN Controller support? (Select two.)
A. Standalone
B. Multi active master
C. Clustered
D. Dual homed
E. Team
Answer: A,E
Explanation:
Explanation/Reference:
The HP VAN SDN Controller Administrator Guide describes the configuration and management of the HP VAN Controller in standalone and team modes.
Reference: HP VAN SDN Controller Administrator Guide

NEW QUESTION: 2
Stanley Bostwick, CFA, is a business services industry analyst with Mortonworld Financial. Currently, his attention is focused on the 2008 financial statements of Global Oilfield Supply, particularly the footnote disclosures related to the company's employee benefit plans. Bostwick would like to adjust the financial statements to reflect the actual economic status of the pension plans and analyze the effect on the reported results of changes in assumptions the company used to estimate the projected benefit obligation (PBO) and net pension cost. But first, Bostwick must familiarize himself with the differences in the accounting for defined contribution and defined benefit pension plans.
Global Oilfield's financial statements are prepared in accordance with International Financial Reporting Standards (IFRS). Excerpts from the company's annual report are shown in the following exhibits.


If Global Oilfield's retirement plan is a defined contribution arrangement, which of the following statements would be the most correct?
A. The firm would report the difference in the accumulated benefit obligation and the pension assets on the balance sheet.
B. The potential gains or losses from the assets contributed to the plan are borne by the firm.
C. Pension expense and the cash funding amount would be the same.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
In a defined contribution plan, pension expense is equal to the amount contributed by the firm. The plan participants bear the shortfall risk. There is no ABO in a defined contribution plan. (Study Session 6, LOS
22.a)

NEW QUESTION: 3
When is the best time to do a corrective surgery for an infant with hypospadias:
A. Anytime during pre school age
B. 6-18 months of age.
C. Within few months after birth
D. 72 hours after birth
Answer: B
Explanation:
Explanation: 6-18 months is the preferred age to do a corrective surgery for an infant with hypospadias because fear of castration and body image is not yet developed. It can't be performed shortly after birth because the phallus is not developed enough. Fear of bodily mutilation is present during pre school age.

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