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OMG OMG-OCEB2-FUND100
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NEW QUESTION: 1
Banks should develop policies related to ALM, including specific guidelines regarding risk/reward tradeoffs.
The goal is to manage risks while achieving acceptable returns on investments. In developing these policies bank officials analyze:
A. Liabilities
B. Liabilities by reviewing historical reports, ratio reports, balance sheet, the income statement, liquidity reports and other available information
C. Cash flows and liabilities by reviewing historical reports, ratio reports, balance sheet, the income statement, liquidity reports and other available information
D. Cash flows
Answer: C
NEW QUESTION: 2
An analyst finds that unpatched servers have undetected vulnerabilities because the vulnerability scanner
does not have the latest set of signatures. Management directed the security team to have personnel
update the scanners with the latest signatures at least 24 hours before conducting any scans, but the
outcome is unchanged. Which of the following is the BEST logical control to address the failure?
A. Manually validate that the existing update is being performed.
B. Test vulnerability remediation in a sandbox before deploying.
C. Configure vulnerability scans to run in credentialed mode.
D. Configure a script to automatically update the scanning tool.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION: 3
When using an integrated test facility (ITF), an IS auditor should ensure that:
A. production data are used for testing.
B. test data are isolated from production data.
C. master files are updated with the test data.
D. a test data generator is used.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
An integrated test facility (ITF) creates a fictitious file in the database, allowing for test transactions to be processed simultaneously with live data. While this ensures that periodic testing does not require a separate test process, there is a need to isolate test data from production data. An IS auditor is not required to use production data or a test data generator. Production master files should not be updated with test data.
NEW QUESTION: 4
What is a table domain?
A. Dynamic sets of values based on the values of another object
B. Dynamic sets of values based on the values in the table window
C. Static sets of values based on the values of another object
D. Static sets of values based on the values in the table window
Answer: A
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