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Exam Code:
L5M4
Exam Name:
Advanced Contract & Financial Management
Questions:
94 Q&A
Product Type:

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NEW QUESTION: 1
A "functional test" is...
A. ...a test for which the test cases and test data are based on the structure of the test object.
B. ...a static comparison of test and requirements specification of a test object.
C. ...a test focused on the efficiency of the system.
D. ...a dynamic test for which the tests are based on the specification of the test object.
Answer: B
Explanation:
Section: (none)

NEW QUESTION: 2
Which of the following commands cause an automatic commit? (Choose 3)
A. SET TEMPORARY OPTION
B. COMMENT
C. REVOKE
D. CREATE
E. UPDATE
Answer: B,C,D

NEW QUESTION: 3
An engagement manager is reviewing the results of sampling work performed by staff internal auditors.
Which interim report statement should immediately give the engagement manager cause for concern about the nature and quality of the sampling procedure?
A. The acceptable risk of assessing control risk too low is 5%, the tolerable deviation rate is 5%, the expected population deviation rate is 1%, the confidence expressed is 95%.
B. The acceptable risk of assessing control risk too low is 10%, the tolerable deviation rate is 5%, the true, but unknown population rate is less than 5%, the achieved upper deviation limit is 4.8%.
C. The acceptable risk of assessing control risk too low is 10%, the tolerable deviation rate is 5%, the expected population deviation rate is 1%, sample size is 80 out of a large population.
D. The acceptable risk of assessing control risk too low is 5%, the tolerable deviation rate is 5%, the expected population deviation rate is 5%, the sample size is 1580.
Answer: D

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