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NEW QUESTION: 1
Which of the following are the primary objectives of a commercial organisation?
Select ALL that apply.
A. Maximise shareholder wealth
B. Ensure going concern status
C. Ensure compliance with tax legislation
D. Ensure continued employment for staff
E. Protect the environment
F. Maximise trading performance
Answer: A,B,F

NEW QUESTION: 2
To support legacy applications that rely on risky protocols (e.g,, plain text passwords), which one of the following can be implemented to mitigate the risks on a corporate network?
A. Ensure that only authorized trained users have access to workstations through physical access control.
B. Implement strong centrally generated passwords to control use of the vulnerable applications.
C. Implement a virtual private network (VPN) with controls on workstations joining the VPN.
D. Ensure audit logging is enabled on all hosts and applications with associated frequent log reviews.
Answer: C
Explanation:
It makes more sense to provide VPN client to workstations opposed to physically securing workstations.

NEW QUESTION: 3
Bronson provides investment advice to the board of trustees of a private university endowment fund. The trustees have provided Bronson with the fund's financial information, including planned expenditures.
Bronson receives a phone call on Friday afternoon from Murdock, a prominent alumnus, requesting that Bronson fax him comprehensive financial information about the fund. According to Murdock, he has a potential contributor but needs the information that day to close the deal and cannot contact any of the trustees. Based on AIMR Standards, Bronson should:
A. not send Murdock the information to preserve confidentiality.
B. send Murdock the information, provided Bronson promptly notifies the trustees.
C. send Murdock the information because disclosure would benefit the client.
D. send Murdock the information because it is not material nonpublic information.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
This question deals with Standard IV (B.1), Fiduciary Duties and Standard IV (B.5), Preservation of Confidentiality. Bronson owes a fiduciary duty to the fund trustees. He cannot disclose confidential financial information to anyone without the permission of the fund, regardless of whether the disclosure may benefit the fund. The fund must be notified and permission obtained before the information is publicized. Even if the information were nonmaterial, the member cannot disclose it because it is confidential.