
Certification IIA-IAP Exam & IIA IIA-IAP Vce Format - Valid Dumps IIA-IAP Ppt - Sugakumaster

Exam Code: IIA-IAP
Exam Name: Internal Audit PractitionerCertification
Version: V16.75
Q & A: 400 Questions and Answers
IIA-IAP Free Demo download
About IIA IIA-IAP Exam
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NEW QUESTION: 1
Which three of these options can be a forwarding equivalence class? (Choose three.)
A. traffic engineering tunnel
B. groups of IP addresses
C. IPsec tunnel
D. bridge or switch instance
E. routing equivalence paths
F. a bgp prefix
Answer: A,B,D
NEW QUESTION: 2
Which four statements describe the Commerce Cloud payment webhooks? (Choose four.)
A. The Custom Currency Payment webhook is used for loyalty points
B. Webhooks can be configured in the Administration UI or using REST APIs
C. Webhooks can be created for your custom integration
D. The Secure Credit Card Payment webhook is used for 3D Secure cards and stored cards
E. The Generic Payment webhook is used for most payment types
F. The Credit Card Payment webhook is used for most credit cards, except 3D Secure cards and stored cards
Answer: A,B,C,F
NEW QUESTION: 3
What is the number of production runs per year of computer chairs that would minimize the sum of carrying and setup costs for RCF for the coming year?
A. 0
B. 1
C. 2
D. 3
Answer: B
Explanation:
The EOQ minimizes the sum of carrying and setup costs. The EOQ is the amount at which carrying costs are equal to setup costs. Thus, plugging the data into the EOQ formula results in the following:
Thus, if each lot consists of 1.000 units, five production runs per year are needed to meet the 5.000-unit demand. At this level, setup costs will total US $5,000 (5 * $1.000) Carrying costs will also equal US $5,000 ($10 per unit carrying cost * average inventory of 500 units). Accordingly, total costs are minimized at US$10,000.
NEW QUESTION: 4
A market with many independent firms, low barriers to entry, and product differentiation is best classified
as:
A. A natural monopoly.
B. An oligopoly.
C. Monopolistic competition.
D. Pure competition.
Answer: C
Explanation:
Choice "b" is correct. A market with many independent firms, low barriers to entry, and product
differentiation is best classified as monopolistic competition. There are few barriers to entry and firms
exert some influence over price in such a market. Best examples are brand name consumer products.
Choice "a" is incorrect. A natural monopoly exists when economic and technical conditions permit only
one efficient supplier.
Choice "c" is incorrect. The presence of only one company indicates a monopoly; the presence of a few
companies would indicate an oligopoly.
Choice "d" is incorrect. Market conditions characterizing pure competition include homogeneous, not
differentiated, products.
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