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NEW QUESTION: 1
Which one of the following would not be included as a reason for the company to use EFT with the EDI system?
A. To take advantage of the time lag associated with negotiable instruments.
B. To reduce input time and input errors.
C. To allow the company to negotiate discounts with EDI vendors based upon prompt payment.
D. To improve its cash management program.
Answer: A
Explanation:
The float period is the time lag between transmittal of a regular check a negotiable instrument and its clearance through regular banking channels. Float is eliminated by EFT.
A multinational company has an agreement with a value-added network VAN) that provides the encoding and communications transfer for the company's electronic data interchange EDI) and electronic funds transfer EFT) transactions. Before transfer of data to the VAN, the company performs online preprocessing of the transactions. The internal auditor is responsible for assessing preprocessing controls. In addition, the agreement between the company and the VAN states that the internal auditor is allowed to examine and report on the controls in place at the VAN on an annual basis. The contract specifies that access to the VAN can occur on a surprise basis during the second or third quarter of the company's fiscal year. This period was chosen so it would not interfere with processing during the VAN's peak transaction periods. This provision was not reviewed with internal auditing. The annual audit plan approved by the board of directors specifies that a full audit would be done during the current year.

NEW QUESTION: 2
What is an advantage of using EAP-TLS over EAP-MS-CHAPv2 for client authentication?
A. EAP-TLS uses a device certificate for authentication to enhance security, while EAP-MS-CHAPv2 does not.
B. EAP-TLS secures the exchange of credentials, while EAP-MS-CHAPv2 does not.
C. EAP-TLS uses multiple forms of authentication, while EAP-MS-CHAPv2 only uses one.
D. EAP-TLS uses a username and password for authentication to enhance security, while EAP-MS-CHAPv2 does not.
Answer: C

NEW QUESTION: 3
Refer to the following code that runs in an Execute Anonymous block:

A. The total number of DML statements will be exceeded.
B. The total number of records processed as a result of DML statements will be exceeded.
C. In an environment where the full result set is returned, what is a possible outcome of this code?
D. The transaction will succeed and the first ten thousand records will be committed to the database.
Answer: C

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