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  • Exam Number/Code : IIA-CIA-Part1
  • Exam Name : Essentials of Internal Auditing
  • Questions and Answers : 260 Q&As
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NEW QUESTION: 1
Which of the following is a hash algorithm?
A. IDEA
B. DES
C. MD5
D. 3DES
Answer: C

NEW QUESTION: 2
You are the project manager for your organization. You have recorded the following duration estimates for an activity in your project: optimistic 20, most likely 45, pessimistic 90. What time will you record for this activity?
A. 0
B. 1
C. 20o, 45m, 90p
D. 2
Answer: A
Explanation:
This is an example of a three-point estimate. A three-point estimate records the optimistic, most likely, and the pessimistic duration, and then records an average for the predicted duration Three-point estimate is a way to enhance the accuracy of activity duration estimates. This concept is originated with the Program Evaluation and Review Technique (PERT). PERT charts the following three estimates: Most likely (TM): The duration of activity based on realistic factors such as resources assigned, interruptions, etc. Optimistic (TO): The activity duration based on the best-case scenario Pessimistic (TP): The activity duration based on the worst-case scenario The expected (TE) activity duration is a weighted average of these three estimates: TE = (TO + 4TM + TP) / 6 Duration estimates based on the above equations (sometimes simple average of the three estimates is also used) provide more accuracy. It can be calculated as follows: TE = ( 20 + 45*4 + 90) / 6 = 290/6 =48 Answer options B, C, and D are incorrect. These are not the valid answers for this question.


NEW QUESTION: 3
When qualifying and proposing an HP server solution, which specific question would you ask yourself to decide whether a deal is worth winning?
A. Does the customer's decision maker prefer another vendor?
B. Does the customer already own HP systems?
C. Does the deal represent future business opportunities?
D. Does the deal depend on providing additional services?
Answer: A

 

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