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NEW QUESTION: 1
A risk assessment should be conducted:
A. annually or whenever there is a significant change.
B. every three to six months for critical business processes.
C. by external parties to maintain objectivity.
D. once a year for each business process and subprocess.
Answer: A
Explanation:
Risks are constantly changing. Choice D offers the best alternative because it takes into consideration a reasonable time frame and allows flexibility to address significant change. Conducting a risk assessment once a year is insufficient if important changes take place. Conducting a risk assessment every three-to-six months for critical processes may not be necessary, or it may not address important changes in a timely manner. It is not necessary for assessments to be performed by external parties.

NEW QUESTION: 2
Click on the Exhibit Button to view the Formula Sheet. The Interest Rate Parity Theorem states that:
A. Selling a low interest rate currency to invest in a high interest rate currency should not be profitable if one hedges the currency risk
B. Interest rates in different currencies differ due to differences in expectations about inflation
C. Selling a low interest rate currency to invest a high interest rate currency will only be profitable if one hedges the currency risk
D. Interest rates in different currencies will tend to move into line with each other over time
Answer: A

NEW QUESTION: 3
In cloud data center migrationscenarios, database migration involves the database itself and does notinvolveservices systems, networks or storage devices.
A. True
B. False
Answer: A