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NEW QUESTION: 1
An organization has outsourced its wide area network (WAN) to a third-party service provider. Under these circumstances, which of the following is the PRIMARY task the IS auditor should perform during an audit of business continuity (BCP) and disaster recovery planning (DRP)?
A. Review the methodology adopted by the organization in choosing the service provider.
B. Review the accreditation of the third-party service provider's staff.
C. Review whether the service provider's BCP process is aligned with the organization's BCP and contractual obligations.
D. Review whether the service level agreement (SLA) contains a penalty clause in case of failure to meet the level of service in case of a disaster.
Answer: C
Explanation:
Reviewing whether the service provider's business continuity plan (BCP) process is aligned with the organization's BCP and contractual obligations is the correct answer since an adverse effect or disruption to the business of the service provider has a direct bearing on the organization and its customers. Reviewing whether the service level agreement ( SLA ) contains a penalty clause in case of failure to meet the level of service in case of a disaster is not the correct answer since the presence of penalty clauses, although an essential element of a SLA , is not a primary concern. Choices C and D are possible concerns, but of lesser importance.

NEW QUESTION: 2
Which Functions are included in IT operations management?
A. Facilities management and release management
B. Network management and application management
C. Technical management and change management
D. IT operations control and facilities management
Answer: D
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 3
When doing stress tests based on historical scenarios, if no appropriate historical scenarios exist for a security, it is most INAPPROPRIATE to:
A. Estimate a shock factor based upon interpolation
B. Leave the position unshocked
C. Estimate a shock factor based on other instruments that might be considered as proxies for such a security
D. Estimate a shock factor based upon extrapolation
Answer: B
Explanation:
Explanation
Where a historical shock factor does not exist for a security, for example because the security is new or was only thinly traded earlier, or because a particular emerging market was immature at the time of the historical scenario being considered, it is inappropriate to leave the position unshocked. By and large, the general rule to be followed when carrying out stress testing is to leave no position unshocked. Therefore Choice 'b' is the correct answer.
Choice 'd', Choice 'a' and Choice 'c' all represent valid approaches to estimating a shock factor in such cases.