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Exam Code: IIA-CIA-Part3
Exam Name: Business Knowledge for Internal Auditing
Version: V22.75
Q & A: 580 Questions and Answers
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NEW QUESTION: 1
Section B (2 Mark)
___________ applies where there are multiple transactions which are inter-related and cannot be evaluated separately for the purpose of determining arm's length price of any one transaction.
A. Profit Split Method [PSM]
B. Cost-Plus Method [CPM]
C. Comparable Uncontrolled Price Method [CUP]
D. Resale Price Method [RPM]
Answer: A
NEW QUESTION: 2
Which effect will next-gen technologies such as artificial intelligence, machine learning, and augmented reality have on customer spending?
A. Customers will devote a significant percentage of their data center investments to supporting these technologies.
B. Customers will spend only a small percentage of their budgets on these technologies, which remain rare for several more years.
C. Customers will devote little of their data center budgets to these technologies because they will deploy the technologies in the public cloud.
D. Customers are spending a significant amount of these technologies now, but will spend significantly less in the future.
Answer: A
NEW QUESTION: 3
Section A (1 Mark)
____________ may be responsible for the prevalence of active versus passive investments management.
A. Conservatism
B. Mental accounting
C. Forecasting errors
D. Overconfidence
Answer: D
NEW QUESTION: 4
Refer to the exhibit.
The network consists of two ArubaOS switches with routing disabled.
How should the network administrator configure the link between Switch A and Switch B to ensure that all hosts can communicate to all the other hosts within their respective VLANs?
A. tagged for VLAN 10 and tagged for VLAN 20
B. untagged for VLAN 10, untagged for VLAN 20, and tagged for VLAN 30
C. tagged for VLAN 20 and tagged for VLAN 30
D. untagged for VLAN 10 and tagged for VLAN 30
Answer: A
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