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IIA-CIA-Part2 Exam Training | IIA-CIA-Part2 Latest Exam Book & IIA-CIA-Part2 Valid Test Notes - Sugakumaster

IIA-CIA-Part2

Exam Code: IIA-CIA-Part2

Exam Name: Practice of Internal AuditingCertification

Version: V16.75

Q & A: 400 Questions and Answers

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NEW QUESTION: 1
DRAG DROP
A company plans to use operations management suite (OMS) to track changes within virtual machines (VMs).
You need to determine the change types that report differences when changes are found.
Which action for which source types is performed by the OMS agent? To answer, drag the appropriate action to the data source.
Each action may be use once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view contain.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:


NEW QUESTION: 2


A. Option B
B. Option A
C. Option D
D. Option C
Answer: B
Explanation:
Explanation
AdjustToUniversal parses s and, if necessary, converts it to UTC.
Note: The DateTime.TryParse method converts the specified string representation of a date and time to its DateTime equivalent using the specified culture-specific format information and formatting style, and returns a value that indicates whether the conversion succeeded.

NEW QUESTION: 3
If you have added drive enclosures to a VMAX storage bay bringing the total to 16, how many standby power supplies are required?
A. 0
B. 1
C. 2
D. 3
Answer: A
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 4
A client's lawyer is unable to form a conclusion about the likelihood of an unfavorable outcome of pending
litigation because of inherent uncertainties. If the litigation's effect on the client's financial statements could
be material but it is properly disclosed in the financial statements, the auditor most likely would:
A. Withdraw from the engagement because of the lack of information furnished by the lawyer.
B. Issue an unqualified opinion without modification.
C. Issue a qualified opinion in the auditor's report because of the lawyer's scope limitation.
D. Disclaim an opinion on the financial statements because of the materiality of the litigation's effect.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. A lawyer may be unable to respond concerning the likelihood of an unfavorable
outcome of litigation, claims, and assessments or the amount or range of potential loss, because of
inherent uncertainties. Even if the effect of the matter on the financial statements could be material, if it is
properly disclosed (and supported by available evidence), the auditor will ordinarily issue an unqualified
opinion without any modification.
Choice "A" is incorrect. The inability to form an opinion on the amount or range of potential loss would
generally not be classified as a scope limitation resulting in a qualification.
Choice "B" is incorrect. The auditor should consider withdrawing from the engagement only if the lawyer
withholds information per the client's request. Given the fact pattern, there is no need for the auditor to
withdraw from the engagement.
Choice "C" is incorrect. The inability to form an opinion on the amount or range of potential loss would
generally not be classified as a scope limitation resulting in a disclaimer of opinion.

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