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NEW QUESTION: 1
Which of the following is the most fundamental role of the audit function?
A. Monitoring performance of the organization and determining corrective action for substandard performance
B. Verifying the effectiveness of the organization's quality system in preventing substandard performance
C. Reporting identified problems to the supervisor of the audited area
D. Reporting findings to upper management to ensure that proper corrective action is taken
Answer: B

NEW QUESTION: 2
What are some of the drawbacks of correlation estimates? Which of the following statements identifies major
problems with correlation calculations?
I. Correlation estimates are not able to capture increases in factor co-movements in extreme market scenarios.
II. Correlation estimates tend to be unstable.
III. Historical correlations may not forecast future correlations correctly.
IV. Correlation estimates assume normally distributed returns.
A. I and II
B. I and IV
C. I, II and III
D. II, III, and IV
Answer: C

NEW QUESTION: 3
Which of the following statements are correct regarding MAC address of VRRP packet? (Select 2 Answers)

A. The source address is virtual MAC address.
B. The destination MAC is broadcast MAC address.
C. The source address is physical MAC address of Master.
D. The destination MAC is multicast MAC address.
Answer: A,D

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