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OCEG GRCA exam
  • Exam Code: GRCA
  • Exam Name: GRC Auditor Certification Exam
  • Version: V12.35
  • Q & A: 70 Questions and Answers
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NEW QUESTION: 1
At your client site, Cash Management is installed along with Oracle Payables. The Payables option for payment accounting is set to account for a payment both on issue and clearing. The cash clearing accounts and cash accounts are different.
What accounting happens when a payment is issued?
A. debit AP liability, credit cash
B. debit cash clearing, credit cash
C. debit cash, credit cash clearing
D. debit AP liability, credit cash clearing
Answer: D

NEW QUESTION: 2
In the Cascade Profiler GUI, how frequently is the dashboard refreshed by default?
A. Every 1 hour
B. Every 5 minutes
C. Every 15 seconds
D. Every 15 minutes
E. Every 1 minute
Answer: E

NEW QUESTION: 3
Under the KMV Moody's approach to calculating expecting default frequencies (EDF), firms' default on obligations is likely when:
A. asset values reach a level below short term debt
B. asset values reach a level below total liabilities
C. expected asset values one year hence are below total liabilities
D. asset values reach a level between short term debt and total liabilities
Answer: D
Explanation:
Explanation
An observed fact that the KMV approach relies upon is that firms do not default when their liabilities exceed assets, but when asset values are somewhere between short term liabilities and the total liabilities. In fact, the
'default point' in the KMV methodology is defined as the short term debt plus half of the long term debt. The difference between expected value of the assets in one year and this 'default point', when expressed in terms of standard deviation of the asset values, is called the 'distance-to-default'.
Therefore Choice 'd' is the correct answer. The other choices are incorrect.

NEW QUESTION: 4
Refer to the exhibit.

Which prefix does Router 1 use for traffic to Host A?
A. 10.10.13.208/29
B. 10.10.13.0/25
C. 10.10.13.144/28
D. 10.10.10.0/28
Answer: A

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