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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. Management focus on particular operations
B. Inherent risk of auditable areas
C. Availability of IS audit resources
D. Number of high-risk auditable processes
Answer: A

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. open account.
B. documentary collection.
C. letter of credit.
D. bankers' acceptance.
Answer: C