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Exam Code: ISO-22301-Lead-Auditor
Exam Name: PECB Certified ISO 22301 Lead Auditor Exam
Vendor: PECB

60 Questions & Answers
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NEW QUESTION: 1
You are the project manager responsible for constructing new 100-unit apartment in downtown Manhattan. As part of construction project, you are planning to outsource the electrical wiring of the building to an outside contracting firm. The contracting firm has requested a statement of work from you. Which of the following statements are FALSE regarding the contract SOW?
A. The outside contracting firm requires a SOW to determine they have the capabilities to meet the detailed specifications of the project
B. As a buyer, you re required to write SOW
C. The SOW contains the objectives of the project
D. The SOW is an output of the and acquisitions process and an input to the plan contracting process
Answer: B

NEW QUESTION: 2
When prices are falling, which of the following is/are true?
I. FIFO results in higher current assets.
II. LIFO results in higher taxes.
III. LIFO results in higher income.
IV. FIFO allows earnings manipulation through purchasing behavior.
A. II, III & IV
B. II & III
C. II only
D. I & IV
Answer: B
Explanation:
Explanation/Reference:
Explanation:
When prices are falling, the units purchased later have a lower purchase price. Therefore, under the FIFO cost-flow assumption, the higher cost goods will be assumed to have been sold first. This will raise COGS, lower the ending inventory value (and therefore lower current assets), lead to lower income and hence lower income taxes compared to LIFO. However, earnings manipulation is not possible under FIFO.

NEW QUESTION: 3
You have a Microsoft 365 subscription that contains a Microsoft Azure Directory (Azure AD) tenant Contoso.com. The tenant includes a user named user1.
You enable Azure AD Identity protection.
You need to ensure that User1 can review the list in Azure AD identity protection of users flagged for risk. The solution must use the principle of least privilege.
To which role should you add User1?
A. Security administrator
B. Global reader
C. Owner
D. Report
Answer: A


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