Question 1

Evaluated Receipt Settlement (ERS) requires which of the following?

Options :

A : Receipt and Invoice

B : PO and Receipt

C : PO and Invoice

D : PO, Receipt, and Invoice

Answer: B

Question 2

Which of the following are data security concerns?

Options :

A : I and II only (What data is being accessed; Who is accessing the data)

B : I and III only (What data is being accessed; For what purpose the data is being used)

C : II and III only (Who is accessing the data; For what purpose the data is being used)

D :

I, II, and III (What data is being accessed; Who is accessing the data; For what purpose the data is being used)

Answer: D

Question 3

Assigning a user name and password is one method of:

Options :

A :

Optical character recognition

B :

Robotic process automation

C : Data authentication

D : Security lockdown

Answer: C

Question 4

What is blockchain?

Options :

A : A distributed ledger system

B : A random password generator

C : An internal audit methodology

D : An accounts payable collaborative

Answer: A

Question 5

Which of the following IRS documents addresses travel & entertainment (T&E) expenses?

Options :

A : Notice 1009

B : Publication 463

C : Advisory 972

D : Form 1046

Answer: B