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NEW QUESTION: 1
An IS auditor is reviewing a project to implement a payment system between a parent bank and a subsidiary. The IS auditor should FIRST verify that the:
A. subsidiary can join as a co-owner of this payment system.
B. security features are in place to segregate subsidiary trades.
C. parent bank is authorized to serve as a service provider.
D. technical platforms between the two companies are interoperable.
Answer: C
Explanation:
Even between parent and subsidiary companies, contractual agreement(s) should be in place to conduct shared services. This is particularly important in highly regulated organizations such as banking. Unless granted to serve as a service provider, itmay not be legal for the bank to extend business to the subsidiary companies. Technical aspects should always be considered; however, this can be initiated after confirming that the parent bank can serve as a service provider. Security aspects are another important factor; however, this should be considered after confirming that the parent bank can serve as a service provider. The ownership of the payment system is not as important as the legal authorization to operate the system.

NEW QUESTION: 2
The two general types of random variables are
A. binomial and Poisson.
B. Poisson and continuous.
C. discrete and continuous.
Answer: C

NEW QUESTION: 3
UPS spare parts cannot be configured with Unistar SCT.
A. FALSE
B. TRUE
Answer: A