SOX Study guides, Class notes & Summaries

WGU C213 Final Exam: ACCOUNTING FOR DECISION MAKERS Questions And Answers (2022/2023) Verified Order of assets listed on the balance sheet - correct answer===Assets are listed in the order of liquidity. Liquidity is the amount of time it would usually take to covert an asset into cash. Obviously, cash would be listed first, followed by marketable investments (a company can quickly convert a short-term investment into cash). Accounts receivable would be listed next followed by inventory, and...

Question: The Sarbanes-Oxley Act of 2002 applies to all companies that: Question: Consistent with the COSO framework, an effective internal control system includes the control environment. The contro l environment refers to: Question: Effective internal control over cash includes the requirement that: Question: The Sarbanes-Oxley Act (SOX) mandates which of the following? Question: The component of internal control that includes the policies and procedures that help ensure that management’s di...

UNIVERSITY OF THE CUMBERLANDS ISOL 531 ACCESS CONTROL MIDTERM EXAM FALL SEMESTER 2024 APPROVED QUESTIONS AND ANSWERS EXAM A+ GRADE QUESTION 1 1. There are three principal components of any access control scenario: policies, subjects, and . tools procedu res objects access QUESTION 2 1. In the private sector, the most common systems use a token or challenge-response device coupled with a username and password. multilayered access control control asset value smart card QUE...

WGU-C838-Pre-Assessment Exam 2023 update "Which phase of the cloud data lifecycle allows both read and process functions to be performed? (A) Share (B) Store (C) Create (D) Archive" - Answer Create "Which phase of the cloud data security lifecycle typically occurs simultaneously with creation? (A) Use (B) Share (C) Store (D) Destroy" - Answer Store "Which phase of the cloud data life cycle uses content delivery networks? (A) Share (B) Create (C) Destroy (D) Archive" - ...

You are the security subject matter expert (SME) for an organization considering a transition from the legacy environment into a hosted cloud provider 's data center. One of the challenges you 're facing is whether the cloud provider will be able to comply with the existing legislative and contractual frameworks your organization is required to follow. This is a _________ issue. a. Resiliency b. Privacy c. Performance d. Regulatory D 76. You are the security subject matter expert (SME) ...

c - Answer- Which of the following statements is correct concerning both an engagement to compile and an engagement to review a nonissuer's financial statements? a. The accountant expresses no assurance on the financial statements. b. The accountant should obtain a written management representation letter. c. The accountant need not obtain an understanding of internal control. d. The accountant must be independent in fact and appearance. c - Answer- A compilation of financial statement...

WGU C213 Final Exam (verified answers 2022)Order of assets listed on the balance sheet Assets are listed in the order of liquidity. Liquidity is the amount of time it would usually take to covert an asset into cash. Obviously, cash would be listed first, followed by marketable investments (a company can quickly convert a short-term investment into cash). Accounts receivable would be listed next followed by inventory, and long-term investments, fixed assets, and intangibles. Current assets ...

WGU-C838-Pre-Assessment questions and answers latest 2022"Which phase of the cloud data lifecycle allows both read and process functions to be performed? (A) Share (B) Store (C) Create (D) Archive" Create "Which phase of the cloud data security lifecycle typically occurs simultaneously with creation? (A) Use (B) Share (C) Store (D) Destroy" Store "Which phase of the cloud data life cycle uses content delivery networks? (A) Share (B) Create (C) Destroy (D) Archive...

WGU C836 Fundamentals of Information Security Final Exam | Questions and Verified Answers| Grade A| Newly Updated 2023/ 2024 QUESTION After considerable research, attackers directed a spear phishing attack at employees at a single bank. One employee opened a message, resulting in a breach that delivered ransomware. Which type of control should be implemented to prevent future spear phishing attacks? A Mutual authentication B Strong passwords C Employee training D Input vali...

What consists of the policies and procedures necessary to ensure Operations, Reporting, and Compliance Objectives? CORRECT ANSWER Internal Control System What ensures the safeguarding of a company's assets & making sure operations are effective and efficient; Making sure Day-to-Day operations continue uninterrupted? CORRECT ANSWER Operations Objectives What ensures the reliability of accounting records; SOX and GAAP? CORRECT ANSWER Reporting Objectives What ensures compliance with laws ...