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NEW QUESTION: 1

A. No
B. Yes
Answer: B

NEW QUESTION: 2
Which of the following is MOST important for an IS auditor to understand when planning an IS audit?
A. Number of high-risk auditable processes
B. Management focus on particular operations
C. Availability of IS audit resources
D. Inherent risk of auditable areas
Answer: B

NEW QUESTION: 3
A U.S. exporter sells goods to a foreign buyer in U.S. dollars and wants to guarantee that payment is made by the buyer. The exporter would MOST LIKELY require a(n):
A. bankers' acceptance.
B. letter of credit.
C. open account.
D. documentary collection.
Answer: B