A.Obtaining product insurance.

B.Recalling a product.

C.Outsourcing production.

D.Exiting a marketplace.

A.Sharing the risk that either firewall could be compromised by hackers.

B.Accepting the risk that there may be attempts at unauthorized access to the network.

C.Diversifying the risk that network access will not be available to legitimate, authorized users.

D.Avoiding the risk of having a direct network connection to un-trusted networks.

A.Reviewing the company's policy for foreign currency translation adjustments for compliance with accounting standards.

B.Providing the COBIT framework as a possible IT management tool.

C.Preparing the financial statements for the company's defined contribution plan.

D.Performing a pre-implementation review of the company's payroll application.

A.Supporting managers to identify ways to mitigate risks.

B.Recommending accountability for risk management.

C.Providing assurance that risks are evaluated correctly.

D.Evaluating risk management processes.

A.The CEO periodically should assess whether the terms of the charter continue to be adequate.

B.The charter should describe the purpose and authority of the internal audit activity, consistent with the Standards.

C.Senior management should approve the charter before it is submitted to the board.

D.The charter should define the consulting services that the internal audit activity is permitted to perform.