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NEW QUESTION: 1
Which of the following provides the BKST confirmation that the business continuity/disaster recovery plan objectives have been achieved?
A. The recovery time objective (RTO) was not exceeded during testing
B. The recovery point objective (RPO) was proved inadequate by disaster recovery plan testing
C. Objective testing of the business continuity/disaster recovery plan has been carried out consistently
D. Information assets have been valued and assigned to owners per the business continuity plan, disaster recovery plan
Answer: A
Explanation:
Consistent achievement of recovery time objective (RTO) objectives during testing provides the most objective evidence that business continuity/disaster recovery plan objectives have been achieved. The successful testing of the business continuity/disaster recover) plan within the stated RTO objectives is the most indicative evidence that the business needs are being met. Objective testing of the business continuity/ disaster recovery plan will not serve as a basis for evaluating the alignment of the risk management process in business continuity/disaster recovery planning.. Mere valuation and assignment of information assets to owners (per the business continuity/disaster recovery plan) will not serve as a basis for evaluating the alignment of the risk management process in business continuity/disaster recovery planning.
NEW QUESTION: 2
An attitude that includes a questioning mind and a critical assessment of audit evidence is called:
A. None of the above
B. Operational skepticism
C. Audit skepticism
D. Professional skepticism
Answer: D
NEW QUESTION: 3
If the default hazard rate for a company is 10%, and the spread on its bonds over the risk free rate is 800 bps, what is the expected recovery rate?
A. 0.00%
B. 40.00%
C. 20.00%
D. 8.00%
Answer: C
Explanation:
Explanation
The recovery rate, the default hazard rate (also called the average default intensity) and the spread on debt are linked by the equation Hazard Rate = Spread/(1 - Recovery Rate). Therefore, the recovery rate implicit in the given data is = 1 - 8%/10% = 20%.
NEW QUESTION: 4
You are carrying out the last round of testing for your new website before it goes live. The website has many dynamic pages and connects to a SQL backend that accesses your product inventory in a database. You come across a web security site that recommends inputting the following code into a search field on web pages to check for vulnerabilities: When you type this and click on search, you receive a pop-up window that says: "This is a test." What is the result of this test?
A. Your website is vulnerable to CSS
B. Your website is vulnerable to SQL injection
C. Your website is vulnerable to web bugs
D. Your website is not vulnerable
Answer: A
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