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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
When is a broker allowed to assume a deal is closed:
A. When both back offices acknowledge the deal.
B. When an acknowledgement is received from the principal that the deal is done.
C. When one of the principals confirms the deal.
D. When the principals give a written undertaking for all deals done at the end of the day.
Answer: B

NEW QUESTION: 2

A. Option D
B. Option A
C. Option C
D. Option B
Answer: A

NEW QUESTION: 3
An enterprise is evaluating a Software as a Service (SaaS) solution to support a core business process. There is no outsourcing governance or vendor management in place. What should be the CEO's FIRST course of action?
A. Establish a contract with the SaaS solution provider.
B. Ensure the roles and responsibilities to manage service providers are defined.
C. Instruct management to use the standard procurement process.
D. Ensure the service level agreements (SLAs) for service providers are defined.
Answer: B

 

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