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Thinking about dealing on two-way prices, which of the following statements is not true?
A. Price-makers buy high and sell low
B. Price-takers sell low and buy high
C. Price-takers prefer higher bids and lower offers
D. Price-makers quote higher offers than bids
Answer: A

NEW QUESTION: 2
In a Cisco Unified Contact Center Enterprise deployment with geographically redundant central controllers, a new site is added with new redundancy requirements for Administration. Which option is the recommended configuration?
A. 2 - Primary Administration Client, 1 - Secondary Administration Client
B. 1 - Primary AW, 1 - Secondary AW
C. 1 - Primary AW, 1 - Administration Client
D. 1 - Secondary AW, 1 - Administration Client
Answer: B

NEW QUESTION: 3
An IS auditor interviewing a payroll clerk finds that the answers do not support job descriptions and documented procedures. Under these circumstances, the IS auditor should:
A. place greater reliance on previous audits.
B. expand the scope to include substantive testing.
C. suspend the audit.
D. conclude that the controls are inadequate.
Answer: B
Explanation:
If the answers provided to an IS auditor's questions are not confirmed by documented procedures or job descriptions, the IS auditor should expand the scope of testing the controls and include additional substantive tests. There is no evidence that whatever controls might exist are either inadequate or adequate. Placing greater reliance on previous audits or suspending the audit are inappropriate actions as they provide no current knowledge of the adequacy of the existing controls.