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IIA-CIA-Part3

Exam Code: IIA-CIA-Part3

Exam Name: Business Knowledge for Internal AuditingCertification

Version: V16.75

Q & A: 400 Questions and Answers

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NEW QUESTION: 1
For Requisitioning, which of the following is the best practice adoption based on Procurement FTEs?
Please choose the correct answer.
Response:
A. System enables online order approvals as well as workflow and employs an electronic approval process for shopping carts and purchase requisitions
B. The ability to view ad approve purchase requests is available via email and mobile devices
C. Online item catalogs are used for self-services requisition
D. Approval levels are established based on risk; High risk/dollar requests require more stringent approvals, low risk/dollar requests require less stringent approvals
Answer: C

NEW QUESTION: 2
Drag and drop the Cisco Nexus 7000 Series Switch resources from the left onto the correct groups on the right.

Answer:
Explanation:


NEW QUESTION: 3
Bubba's order to purchase investment company shares must be executed at a price based upon the net
asset value of the shares:
A. computed the same day the order is received by the dealer
B. next computed after receipt of the order by the dealer
C. computed the previous day at the close of the NYSE
D. last computed before receipt of the order by the dealer
Answer: B
Explanation:
next computed after receipt of the order by the dealer. This is called "forward pricing".
Generally, the price is computed as of the close of the market on the day of the order. However, if the
order is received after this computation, the order is executed based upon the next day calculation.

NEW QUESTION: 4
What is a characteristic of VADP backup for Avamar?
A. CPU cycles of target are used
B. Restore can be performed to only the original VM
C. Proxy server is not used
D. File level restore from image backups
Answer: D

IIA-CIA-Part3 Related Exams
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