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NEW QUESTION: 1
An administrator wants to place an existing application under high availability control. Which requirement must be met to place the application under high availability control?
A. The application must have an unlimited license model.
B. The application must have defined start, stop, and monitor procedures.
C. The application must have an enterprise agent available on SORT.
D. The application must run in kernel space.
Answer: B

NEW QUESTION: 2
An organization is facing a financial downturn and needs to impose major budget reductions to all departments. According to MA guidance, which of the following actions is most appropriate for the board to take to evaluate the potential impact on the internal audit activity?
A. Ask the chief audit executive to determine whether budgetary limitations impede the ability of the internal audit activity to execute its responsibilities.
B. Ask management to determine which internal audit engagements are lower risk and could be considered for removal from the annual audit plan.
C. Ask appropriate stakeholders for their opinion on the potential impacts of reducing the scope of the internal audit plan.
D. Ask The human resources department to determine how the annual compensation and salary of the audit staff could be adjusted to achieve savings.
Answer: A

NEW QUESTION: 3
The length of time required to recover the initial cash outlay of a capital project is determined by using the:
A. Payback method.
B. Accounting rate of return method.
C. Discounted cash flow method.
D. Net present value method.
Answer: A
Explanation:
Choice "b" is correct. The payback method measures the time required to recover the initial investment.
Choice "a" is incorrect. Discounted cash flows are used for several methods of capital budgeting; this is a
generic term.
Choice "c" is incorrect. The NPV method does not measure the length of time required to recover the
initial cash outlay.
Choice "d" is incorrect. The accounting rate of return does not measure the time to recover the initial
investment.