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An organization does not have a formal risk management function. According to the Standards, which of the following are conditions where the internal audit activity (IAA) may provide risk management consulting?
- There is a clear strategy and timeline to migrate risk management responsibility
back to management. - The IAA has the final approval on any risk management decisions. - The IAA does not give objective assurance on any part of the risk management
framework for which it is responsible. - The nature of services provided to the organization is documented in the internal audit charter.
A. 2, 3, and 4 only.
B. 1, 2, and 3 only.
C. 1, 2, and 4 only.
D. 1, 3, and 4 only.
Answer: D
The remainder interest is valued:
A. By taking the security's appraised fair market value and discounting it to a present value under the IRS actuarial tables based on seller's projected remaining life.
B. By sale of a private annuity
C. By taking the security's appraised fair market value and discounting it to a present value under the IRS actuarial tables based on seller's projected remaining life.
D. By self-canceling installment note
Answer: A
If a router receives a BGP route carrying the no-export community attribute/ which of the following actions does the router take?
A. Advertises the route to IBGP peers only.
B. Discards the route directly.
C. Does not advertise the route to other BGP routers.
D. Advertises the route normally, but does not use it to forward data.
Answer: A
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