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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
The WACC of a firm equals 10.67%. The pre-tax cost of debt equals 8.4%, the firm pays 38% taxes and the firm's equity holders expect a rate of return of 17%. The firm's debt-to-equity ratio equals ________.
A. 1.16
B. 0.72
C. 1.41
D. 0.86
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Let E/(D+E)
A. Then,
WACC = (1-A)*(1-t)*RD + A*RE, where t is the tax rate. Therefore,
10.67% = (1-A)*(1-38%)*8.4% + A*17%. Hence, A = E/(D+E) = 0.463 and (D+E)/E = 1/0.463 = 2.16.
This gives D/E = 1.16.

NEW QUESTION: 2
You manage security for a database that supports a line of business application.
Private and personal data stored in the database must be protected and encrypted.
You need to configure the database to use Transparent Data Encryption (TDE).
Which five actions should you perform in sequence? To answer, select the appropriate actions from the list of actions to the answer area and arrange them in the correct order.

Answer:
Explanation:
Explanation

Step 1: Create a master key
Step 2: Create or obtain a certificate protected by the master key
Step 3: Set the context to the company database
Step 4: Create a database encryption key and protect it by the certificate Step 5: Set the database to use encryption Example code:
USE master;
GO
CREATE MASTER KEY ENCRYPTION BY PASSWORD = '<UseStrongPasswordHere>';
go
CREATE CERTIFICATE MyServerCert WITH SUBJECT = 'My DEK Certificate';
go
USE AdventureWorks2012;
GO
CREATE DATABASE ENCRYPTION KEY
WITH ALGORITHM = AES_128
ENCRYPTION BY SERVER CERTIFICATE MyServerCert;
GO
ALTER DATABASE AdventureWorks2012
SET ENCRYPTION ON;
GO
References:
https://docs.microsoft.com/en-us/sql/relational-databases/security/encryption/transparent-data-encryption

NEW QUESTION: 3
Which of the following regarding HTTP Flood defense is not correct?
A. fingerprints learning
B. HTTP Flood Source Authentication
C. URI destination IP detection
D. Checks the load
Answer: D

 

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