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CRISC Exam Simulator
  • Exam Code: CRISC
  • Exam Name: Certified in Risk and Information Systems Control
  • Version: V12.35
  • Q & A: 40 Questions and Answers
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NEW QUESTION: 1
What does the Simplification List in SAP S/4HANA describe?
Please choose the correct answer. Response:
A. Relationships between the bill of material, routings, and the production version
B. Changes to individual transactions and solution capabilities
C. SAP S/4HANA documentation
D. Impacts on SAP Business Suite
Answer: B

NEW QUESTION: 2
Consolidated financial statements are typically prepared when one entity has a majority voting interest in another unless:
A. The fiscal year-ends of the two entities are more than 3 months apart.
B. The subsidiary is a financial institution.
C. Control does not rest with the majority owners.
D. The two entities are in unrelated industries, such as manufacturing and real estate.
Answer: C
Explanation:
Consolidation normally is required when one entity owns, directly or indirectly, more than 50% of the outstanding voting interests of another entity. However, a majority owned subsidiary is not consolidated if control does not rest with the majority owners.

NEW QUESTION: 3
In what plan should project closure activities be planned?
A. Closure Stage Plan
B. Team Plan
C. Initiation Stage Plan
D. Stage Plan for the final management stage
Answer: D

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