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NEW QUESTION: 1
How can you add an existing attribute view to the logical view of your analytic view twice? (Choose two)
A. Rename the attribute view.
B. Copy the attribute view.
C. Create a derived analytic view.
D. Create a derived attribute view.
Answer: B,D
NEW QUESTION: 2
Which of the following statements extracted from a client's lawyer's letters concerning litigation, claims,
and assessments most likely would cause the auditor to request clarification?
A. "I believe that the plaintiff's case against the company is without merit."
B. "I believe that the action can be settled for less than the damages claimed."
C. "I believe that the possible liability to the company is nominal in amount."
D. "I believe that the company will be able to defend this action successfully."
Answer: B,C
Explanation:
Explanation/Reference:
Choice "B" is correct. The auditor is concerned with preventing an understatement of contingent liabilities.
The auditor would therefore request clarification before determining that a reduction in such liability (from
damages claimed to some lesser amount) is reasonable.
Choices "A", "C", and "D" are incorrect. When a lawyer asserts that a contingent liability is immaterial
("nominal") or improbable ("without merit" and "successful defense likely"), it is unlikely that the auditor
would require further clarification.
NEW QUESTION: 3
You are the business analyst for your organization and you've identified a business need. In order to satisfy this business need, you believe that your organization will need to hire three electrical engineers, purchase equipment, and likely provide training to existing resources. What process is being described in this scenario?
A. Communication needs
B. Resource allocation
C. Assessment of capability gaps
D. Resource procurement
Answer: C
Explanation:
Explanation
This is an example of assessing the capability gaps within an organization. The additional electricians, training, and procurement of equipment will satisfy the identified gaps.
Answer A is incorrect. This isn't a communication need, but an assessment of capabilities and resources that
can fill the gaps.
Answer C is incorrect. Resource allocation describes the assignment of resources to activities and the
timeframe for the utilization of resource.
Answer D is incorrect. This isn't just about resource procurement, as there is training for the existing staff.