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NEW QUESTION: 1
Which of the following are NOT characteristics of a project
A. On-time focus
B. Specific purpose and desired results
C. Have a start and finish
D. Risks and Issues identified
Answer: D
Explanation:
8 characteristics of a project
1 . On-time focus
2 . Specific purpose and desired results
3 . Start and a finish
4 . Time frame for completion
5 . Involvement of a cross functional group of people
6 . Limited set of resources
7 . Logical sequence of activities
8 . Clear user of the results
NEW QUESTION: 2
'Insurances for Homes' company provide home insurance service. They have in-house built system that processes home insurance payments received from customers. The end result of the process consists of a listing of individual journal entries in a spreadsheet. They have requirements for getting all journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, be able to report and view the entries using an advanced reporting and analytical tools for slicing and dicing the journal entries.
Insurance premium Is to be recognized as income across the coverage period of the insurance policy. What are the two types of journal lines that need to be set up to generate recurring journal entries for insurance premium in each accounting period?
A. Deferral and Recognition
B. Multiperiod and Recognition
C. Offsets and Recognition
D. Reversal and Recognition
Answer: B
NEW QUESTION: 3
Which of the following would be the MOST effective to mitigate the risk of data loss in the event of a stolen laptop?
A. Deploying end-point data loss prevention software on the laptop
B. Encrypting the hard drive
C. Providing end-user awareness training focused on travelling with laptops
D. Utilizing a strong password
Answer: B
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