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Exam Code: IIA-CIA-Part2 Dumps

Questions and Answers: 104

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NEW QUESTION: 1
In a customer conversation. which key words signal a virtualization opportunity?
A. back up to multiple sources
B. constant access to data
C. server efficiency, storage utilization
D. extract insights from data
Answer: C

NEW QUESTION: 2


Answer:
Explanation:

Explanation

Group A: Tumbling
Tumbling Windows define a repeating, non-overlapping window of time.
Group B: Hopping
Like Tumbling Windows, Hopping Windows move forward in time by a fixed period but they can overlap with one another.

NEW QUESTION: 3
A firm's tax rate is 30%. If the beginning inventory was overstated by 50, the purchases understated by 30 and the ending inventory overstated by 10, the income is ________.
A. overstated by 21
B. overstated by 12
C. understated by 7
D. understated by 10
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Ending inventory = beginning inventory + Purchases - COGS Hence, in this case, COGS is overstated by
50 + (-30) - 10 = 10. Therefore, income is understated by 10*(1-tax rate) = 7. It should be remembered that implicit in the use of the above inventory equation is the assumption that there have been no write-downs or write-ups in the inventory.

NEW QUESTION: 4

A. Option D
B. Option B
C. Option A
D. Option C
Answer: C


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