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NEW QUESTION: 1
Which of the following ensures that updates to policies, procedures, and configurations are made in a controlled and documented fashion?
A. Peer review
B. Change management
C. Regulatory compliance
D. Penetration testing
Answer: B

NEW QUESTION: 2
An entity has appropriately used the installment method of accounting sit began operations at the beginning of the current year. The following information pertains to its operations for this year:

The amount of gross profit deferred at the end of the current year should be:
A. US $720,000
B. US $216,000
C. US $144,000
D. US $288,000
Answer: B
Explanation:
The gross profit on installment sales in US $360,000$1.200.000 installment sales $840,000 cost of installment sales). Accordingly, the gross profit percentage is 30%US $360,000 gross profit -$1,200,000 installment sales), and the amount of gross profit deferred at the end of the current year is 1.11: r. $216.000 [($1 .200.000 installment sales - 480,000 collections x 30%]. General and administrative expense have no effect on the computation of realized gross profit or deferred gross profit. They are to be classified as operating expenses on the income statement in the period in which they are incurred.

NEW QUESTION: 3
What happens when a file is deleted by a Microsoft operating system using the FAT file system?
A. Only the reference to the file is removed from the FAT and can be recovered
B. A copy of the file is stored and the original file is erased
C. The file is erased but can be recovered partially
D. The file is erased and cannot be recovered
Answer: A