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NEW QUESTION: 1
To which of the following test levels can regression testing be applied?
I. Component Testing
II. Integration Testing
III. System Testing
IV. Acceptance Testing
A. I, II
B. I, II, III, IV
C. I, II, III
D. II, III, IV
Answer: D

NEW QUESTION: 2
What functions are supported by the payment advice feature (2 answers are correct)
A. Clears individual payments received against the related instalments
B. Updates the turnover class for payments received to shoe the split between interest and capital
C. Allows the bank to make payments, collections and transfers as advised by customer
D. Updates cash flows with information about accounts to be used to collect instalments
Answer: B,C

NEW QUESTION: 3
Scenario:
The Ministry of Food Hygiene (MFH) has a quality management system which contains a document control process to manage all documentation requirements. The document control process was created by the MFH Quality Manager, who now maintains all of MFH's documents and performs an organization-wide configuration management role. The MFH Quality Manager will administer the configuration management procedure for the Restructuring project since this must comply with the MFH document control process.
What additional risk will this place on the project?
A. The reduced value of the contracted services required by the Outsourcing project may result in an insufficient number of proposals being received.
B. There is only £70k left in the project change budget.
C. None because risks associated with the centralization and rationalization of the Facilities Division will be managed by another project.
D. These changes will delay stage 3 by three weeks.
Answer: C

NEW QUESTION: 4
An internal audit director has noticed that staff auditors are presenting more oral reports to supplement written reports.
The best reason for the increased use of oral reports by the auditors is that they
A. Reduce the amount of testing required to support audit findings.
B. Can be delivered in an informal manner without preparation.
C. Can be prepared using a flexible format, thereby increasing overall audit efficiency.
D. Permit auditors to counter arguments and provide additional information that the audience may require.
Answer: D

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