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ISC CGRC exam
  • Exam Code: CGRC
  • Exam Name: Certified in Governance Risk and Compliance
  • Version: V12.35
  • Q & A: 70 Questions and Answers
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NEW QUESTION: 1
What is the purpose of an income statement?
A. To account for changes in cash during the accounting period
B. To reconcile the beginning and ending balances of stockholders' equity
C. To show details of the nature of a company's operating activit ies
D. To show liability and equity and the manner in which those funds are employed
Answer: C

NEW QUESTION: 2
Section B (2 Mark)
As per Double Taxation Avoidance Agreement, the Technical Fees in UAE is charged at:
A. 0
B. 22.5
C. 1
D. Nil
Answer: B

NEW QUESTION: 3
Which of the following statements are true regarding the smbpasswd command? (Choose two.)
A. The -x parameter removes an account from the Samba database.
B. smbpasswd changes only passwords stored on Samba domain controllers and not on DCs running Windows.
C. The -a parameter adds an account to the Samba database. If the account already exists, this parameter is ignored.
D. The -e parameter excludes an account from the Samba database.
E. The -d parameter deletes an account from the Samba database.
Answer: A,C

NEW QUESTION: 4
A diversified industrial company operates multiple remote manufacturing facilities that manage local supplier relationships. The company draws on a single line of credit for all of its working capital needs. Which of the following types of disbursement systems would BEST meet this company's needs?
A. Centralized check issuance drawn on a central disbursement bank
B. Centralized check issuance drawn on a local disbursement bank
C. Decentralized check issuance drawn on a local disbursement bank
D. Decentralized check issuance drawn on a central disbursement bank
Answer: D

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