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Exam Code: IIA-CIA-Part2 Dumps

Questions and Answers: 104

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NEW QUESTION: 1
회사에서 AWS Key Management Service (AWS KMS)를 사용하여 Amazon RDS 데이터베이스를 보호하고 있습니다. 감사관은 회사에서 모든 AWS KMS 키 사용을 기록하도록 권장했습니다.
SIMPLEST 솔루션은 무엇입니까?
A. AWS KMS 지표를 Amazon CloudWatch와 연결합니다.
B. AWS CloudTrail을 사용하여 AWS KMS 키 사용을 기록하십시오.
C. RDS 인스턴스에 모니터링 에이전트를 배치하십시오.
D. 예약 된 작업으로 AWS KMS를 주기적으로 폴링합니다.
Answer: B
Explanation:
Explanation
Built-in auditing AWS KMS is integrated with AWS CloudTrail to record all API requests, including key management actions and usage of your keys.

NEW QUESTION: 2
Which one of the following statements regarding the IASB's Conceptual Framework for Financial Reporting is correct?
A. It specifies the concepts that underlie the preparation and presentation of special purpose financial statements.
B. It specifies the concepts that underlie the preparation and presentation of only consolidated financial statements.
C. It specifies the concepts that underlie the preparation and presentation of general purpose financial statements.
D. It overrides any local or international accounting standard.
Answer: C

NEW QUESTION: 3
Bank Milo has $4 million in cash and $5 million in loans coming due tomorrow with an expected default rate
of 1%. The proceeds will be deposited overnight. The bank owes $ 9 million on a securities purchase that
settles in two days and pays off $8 million in commercial paper in three days that is not expected to renew. On
what days does the bank face negative cumulative liquidity?
A. Day 3 only.
B. Days 1, 2 and 3.
C. Day 2 only.
D. Days 2 and 3.
Answer: D

NEW QUESTION: 4
The following data pertain to Cowl, Inc., for the year ended December 31, 20X4:

What was Cowl's rate of return on assets for 20X4?
A. 5%
B. 6%
C. 20%
D. 24%
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "b" is correct. Rate of return on assets is defined as the net income divided by the average total
assets. In this case:
$150,000 / [($2,000,000 + $3,000,000)/2] or [$150,000 / $2,500,000] = 6% rate of return.
Choice "a" is incorrect. Average total assets ($2,500,000) should be used, not ending assets
($3,000,000).
Choice "c" is incorrect. Net income ($150,000) and average total assets ($2,500,000) should be used, not
net sales ($600,000) and ending assets ($3,000,000).
Choice "d" is incorrect. Net income ($150,000) should be used, not net sales ($600,000).


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