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Valid IIA-CIA-Part1 Test Book, IIA IIA-CIA-Part1 Latest Mock Exam | Printable IIA-CIA-Part1 PDF - FreeTorrent

IIA-CIA-Part1

Exam Code: IIA-CIA-Part1

Exam Name: Essentials of Internal Auditing

Version: V22.75

Q & A: 580 Questions and Answers

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NEW QUESTION: 1
Refer to the exhibit.

If a Layer 3 nwitch running OSPF in a VRF-lite configuration reportn thin error, which action can you take to correct the
problem?
A. Set mln cef maximum-routen in the global configuration.
B. Add the vrf-lite capability to the OSPF configuration.
C. Upgrade the Layer 3 nwitch to a model that can nupport more routen.
D. Configure the control plane with a larger memory allocation to nupport the Cinco Exprenn Forwarding Information
Bane.
Answer: A

NEW QUESTION: 2
Identify the missing word in the following sentence.
A user is [?] that uses services.
A. a supplier
B. a role
C. an organization
D. a team
Answer: B

NEW QUESTION: 3
On January 2, 20X5, to better reflect the variable use of its only machine, Holly, Inc. elected to change its method of depreciation from the straight-line method to the units of production method. The original cost of the machine on January 2, 20X3, was $50,000, and its estimated life was 10 years. Holly estimates that the machine's total life is 50,000 machine hours. Machine hours usage was 8,500 during 20X4 and 3,500 during 20X3.
Holly's income tax rate is 30%. Holly should report the accounting change in its 20X5 financial statements as a(n):
A. Cumulative effect of a change in accounting principle of $1,400 in its income statement.
B. None of the above.
C. Adjustment to beginning retained earnings of $2,000.
D. Cumulative effect of a change in accounting principle of $2,000 in its income statement.
Answer: B

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