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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
Categorize accounts as small, medium, or large based on employees (1)
A. custom report type
B. dashboard filter
C. cross filter
D. PREVGROUPVAL function
E. bucket field
F. reporting snapshot
G. joined report
Answer: E

NEW QUESTION: 2
Protected attributes can be accessed by methods of the class and its subclasses.
A. False
B. True
Answer: B

NEW QUESTION: 3
A bell-shaped, symmetrical frequency distribution has a mean of 10. If 16% of the observations in the distribution are negative, what is the coefficient of variation of X?
A. 0.32
B. 0.1
C. 10.0
D. 1.0
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The fraction of observations which are less than zero equals 16% i.e. the fraction of observations which are less than (mean - 10) equals 16% (given). Since the distribution is symmetrical about the mean, this implies that the fraction of observations which are more than (mean + 10) also equals 16%. Thus, the fraction of the observations lying between 0 and 20 equals 1-0.16-0.16 = 0.68. For a bellshaped, symmetrical frequency distribution, 68% of the observations lie within one standard deviation of the mean.
Hence, the standard deviation of the distribution equals 10. The coefficient of variation is then equal to standard deviation/mean = 10/10 = 1.

 

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100% Pass Quiz 2025 High-quality IIA IIA-CIA-Part1 Dumps Download - Cads-Group


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