"Equipment May Break Down" Is a Relevant Risk in Most

question 15

Multiple Choice

"Equipment may break down" is a relevant risk in most: (i) conversion processes, (ii) human resource processes.

• A) i only.
• B) ii only.
• C) Both i and ii.
• D) Neither i nor ii.

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Definitions:

Draft

A preliminary version of a piece of writing or a plan, or a banking term referring to a written order by one party to pay a certain sum to another party.

Instrument

A formal legal document representing a right to payment or to an interest in property.

Party

An individual or entity involved in a legal transaction or proceedings.

Certified Checks

Checks guaranteed by a bank, confirming that the drawer has enough funds to cover the amount.