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  • Exam Number/Code : IAA-IAP
  • Exam Name : Internal Audit Practitioner
  • Questions and Answers : 260 Q&As
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NEW QUESTION: 1
A company provides employee life insurance to all full-time employees. Employee life insurance policies are paid twice a year to the insurance company. Transactions for current employees must be recognized in the general ledger twice a month with an employee's pay. Transactions for new employees must be recognized in the general ledger based upon the employee's first pay date.
You need to configure accrual schemes for the new fiscal year.
Which two configurations should you use? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
A. For current employees, use a Credit accrual scheme. In the ledger accrual, set the offset to the employee's first pay date.
B. For new employees, use, a Debit accrual scheme. In the ledger accrual, set the offset to the employee's first pay date.
C. For current employees, use a Debit accrual scheme. In the ledger accrual, set the offset to the first day of the fiscal year.
D. For new employees, use a Credit accrual scheme. In the ledger accrual, set the offset to the first day of the fiscal year.
Answer: B,D

NEW QUESTION: 2
The implementations group has been using the test bed to do a `proof-of-concept' that requires both Client 1 and Client 2 to access the WEB Server at 209.65.200.241. After several changes to the network addressing, routing scheme, DHCP services, NTP services, layer 2 connectivity, FHRP services, and device security, a trouble ticket has been opened indicating that Client 1 cannot ping the 209.65.200.241 address.
Use the supported commands to isolated the cause of this fault and answer the following questions.
What is the solution to the fault condition?
A. DSW1
B. ASW2
C. R1
D. R2
E. R4
F. R3
G. DSW2
H. ASW1
Answer: H
Explanation:
The problem here is that VLAN 10 is not configured on the proper interfaces on switch ASW1.

NEW QUESTION: 3
Which of the following provides the FASTEST recovery time, at the expense of backup time/storage space?
A. Performing a weekly normal backup followed by daily differential backups
B. Performing alternating, differential and incremental backups
C. Performing a backup every night
D. Performing a weekly normal backup followed by daily incremental backups
Answer: A

 

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Discount IAA-IAP Code & IAA-IAP Interactive Questions - Valid Dumps IAA-IAP Book - Cads-Group


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