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IIA IIA-CIA-Part1 Detailed Answers - IIA-CIA-Part1 Trustworthy Exam Content, Valid IIA-CIA-Part1 Test Blueprint - Sugakumaster

IIA-CIA-Part1

Exam Code: IIA-CIA-Part1

Exam Name: Essentials of Internal AuditingCertification

Version: V16.75

Q & A: 400 Questions and Answers

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NEW QUESTION: 1
Hyde Corp. has three manufacturing divisions, each of which has been determined to be a reportable
segment. In 1989, Clay division had sales of $3,000,000, which was 25% of Hyde's total sales, and had
operating costs of $1,900,000, as reported to the CFO. In 1989, Hyde incurred operating costs of
$ 500,000 that were not directly traceable to any of the divisions. In addition, Hyde incurred corporate
interest expense of $300,000 in 1989. In reporting segment information, what amount should be shown as
Clay's operating profit for 1989?
A. $1,100,000
B. $875,000
C. $900,000
D. $975,000
Answer: A
Explanation:
Choice "d" is correct. $1,100,000 operating profit for clay.
Rule: Operating profit by segments is based on the measure of profit reported to the "chief operating
decision maker."
Allocations for general operating costs and interest, etc., should not be made solely for purposes of
segment disclosures.


NEW QUESTION: 2
When determining hard disk performance, which of the following are relevant.
(Multiple Choice)
A. Transfer rate.
B. Rotational speed,
C. Transfer time.
D. Seek time,
Answer: A,B,D

NEW QUESTION: 3
DRAG DROP


Answer:
Explanation:

Explanation:

References:
http://msdn.microsoft.com/en-us/library/ms141703.aspx
http://msdn.microsoft.com/en-us/library/ms141775.aspx
http://msdn.microsoft.com/en-us/library/ms141020.aspx
http://msdn.microsoft.com/en-us/library/ms140182.aspx

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