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IIA-IAP

Exam Code: IIA-IAP

Exam Name: Internal Audit PractitionerCertification

Version: V16.75

Q & A: 400 Questions and Answers

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NEW QUESTION: 1
Section B (2 Mark)
If a portfolio manager has a good ability to select undervalued securities but a poor ability to forecast overall market, the following makes sense for him:
A. Concentrate holdings in selected undervalued stocks and shift beta below and above the desired long-term average based on market forecasts
B. Concentrate holdings in selected undervalued stocks and keep beta stable at the desired long-term average
C. Hold a broadly diversified portfolio of stocks and keep beta stable at the desired long-term average
D. Hold a diversified portfolio of stocks and shift beta above and below desired long-term average based on market forecasts
Answer: B

NEW QUESTION: 2
Which tasks does the Crystal Reports Cache Server perform?
Note: There are 2 correct answers to this question.
A. Generate .EPF files.
B. Store .ETF files.
C. Store .EPF files.
D. Generate .ETF files.
Answer: B,C

NEW QUESTION: 3
When considering the TD-LTE coverage probability, there is usually a similar statement like "95% of the places, 99% of the time is available". What is the meaning of 95% here?
A. Regional coverage
B. Edge coverage
C. Connection rate
Answer: A

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