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The goal of the comprehensive approach is to identify potential significant control weaknesses for further review. All of the following are the general steps in the process EXCEPT:
A. Determine or estimate the effect of control weakness of program goals and objectives.
B. Select a sample of transactions and determine if processes and controls are functioning as intended.
C. Acceptance of audit findings and corrective action taken.
D. Document and evaluate work processes and controls.
Answer: B
Which two options are issues that customers with compliance standards issues are dealing with? (Choose two)
A. Inconsistent oversight
B. Device incompatibility
C. Email exposure
D. Lack of access policies
E. Malware attacks
Answer: C,E
An organization's balance sheet indicates that the total asset amount and the total capital stock amount remained unchanged from one year to the next, and no dividends were declared or paid. However, the organization reported a loss of $200,000. Which of the following describes the most likely year-over-year change to the organization's total liabilities and total stockholder equity?
A. The total liabilities and total stockholder equity both decreased.
B. The total liabilities decreased, and the total stockholder equity increased.
C. The total liabilities increased, and the total stockholder equity decreased.
D. The total liabilities and total stockholder equity both increased.
Answer: C
GCCC is MCU8660 control board.
A. True
B. False
Answer: B
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