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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

A. SELECT ... FROM a LEFT OUTER JOIN b ...
B. SELECT ... FROM a INNER JOIN b ...
C. SELECT ... FROM b RIGHT OUTER JOIN a ...
D. SELECT ... FROM a JOIN b ...
Answer: A

NEW QUESTION: 2
Which three NetApp data mobility products are used to migrate data into the cloud? (Choose three.)
A. SnapMirror
B. XCP
C. rsync
D. Cloud Sync
E. robocopy
Answer: A,C,D

NEW QUESTION: 3
Your company has a Skype for Business Server 2015 infrastructure that contains two topology sites named London and Seattle. Each site contains an Enterprise Edition Front End pool and an Edge Server.
The external DNS records are configured as shown in the following table.

All users use the Skype for Business client. Some of the users use the Skype for Business client from their personal computer.
You need to ensure that the users in the London site use the Edge Server in the London site for authentication and the users in the Seattle site use the Edge Server in the Seattle site for authentication.
The solution must minimize administrative effort.
What should you do?
A. Configure a Group Policy object (GPO) for the London site that configures the Skype for Business client to use an external server name of sip2.contoso.com.
B. Create an SRV record named _sipexternal._tls.contoso.com that points sip2.contoso.com.
C. Create an A record for lyncdiscover.contoso.com that points to the server proxy in the Seattle site.
D. Create an SRV record named _sip._tls.contoso.com that points sip2.contoso.com.
Answer: D
Explanation:
References: https://technet.microsoft.com/en-us/library/gg398758(v=ocs.15).aspx

NEW QUESTION: 4
Flood Motors is an all-equity firm with 200,000 shares outstanding. The company's EBIT is $2,000,000 and is expected to remain constant over time. The company pays out all of its earnings each year, so its earnings per share equals its dividends per share. The company's tax rate is 40 percent. The company is considering issuing $2 million worth of bonds (at par) and using the proceeds for a stock repurchase. If issued, the bonds would have an estimated yield to maturity of 10 percent. The risk-free rate in the economy is 6.6 percent, and the market risk premium is 6 percent. The company's beta is currently 0.9, but its investment banker's estimate that the company's beta would rise to 1.1 if they proceed with the recapitalization. Assume that the shares are repurchased at a price equal to the stock market price prior to the recapitalization. What would be the company's stock price following the recapitalization?
A. $56.02
B. $76.03
C. $51.14
D. $68.97
E. $53.85
Answer: C
Explanation:
Explanation/Reference:
Explanation:
First, find the company's current cost of capital, dividends per share, and stock price: k = 0.066 + (0.06)0.9
= 12%. To find the stock price, you still need the dividends per share or DPS = ($2,000,000 (1 -
0.4))/200,000 = $6.00. Thus, the stock price is Po = $6.00/0.12 = $50.00. Thus, by issuing $2,000,000 in new debt the company can repurchase $2,000,000/$50.00 = 40,000 shares.
Now after recapitalization, the new cost of capital, DPS, and stock price can be found: k = 0.066 + (0.06)
1.1 = 13.20%. DPS for the remaining (200,000 - 40,000) = 160,000 shares are thus [($2,000,000 - ($2,000,000 x 0.10))(1 - 0.4)]/160,000 = $6.75. And, finally, Po = $6.75/0.132 = $51.14.

 

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