CPS-001 Exam Questions and Answers

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The__________ is where the audit determines whether process controls exist and are sufficient to provide reasonable assurance that the desired performance will be achieved. Where as The ____________ is where the audit includes methodology for measuring performance either because the audited entity is not measuring its own performance or because its performance measurement efforts are or may be incomplete or unreliable.
A. Process-based approach, measurement-based approach
B. Measurement-based approach, process-based approach
C. Planning-based approach, measurement-based approach
D. Measurement-based approach, control-based approach
Answer: A

You need to produce a report where each customer's credit limit has been incremented by $1000. In the output, the customer's last name should have the heading Name and the incremented credit limit should be labeled New credit Limit. The column headings should have only the first letter of each word in uppercase.
Which statement would accomplish this requirement?

A. Option B
B. Option D
C. Option C
D. Option A
Answer: C
A column alias:
-Renames a column heading
-Is useful with calculations
-Immediately follows the column name (There can also be the optional AS keyword between the column name and the alias.)
-Requires double quotation marks if it contains spaces or special characters, or if it is case sensitive.

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