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  • Exam Number/Code : IIA-CIA-Part2
  • Exam Name : Practice of Internal Auditing
  • Questions and Answers : 260 Q&As
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NEW QUESTION: 1


Answer:
Explanation:




https://support.microsoft.com/en-us/help/12438/windows-10-storage-spaces

NEW QUESTION: 2
A bank now has a major initiative to virtualize as many servers as possible, due to power and rack space capacity at both data centers. The bank has prioritized by virtualizing older servers first as the hardware is nearing end-of-life.
The two initial migrations include:
Windows 2000 hosts: domain controllers and front-facing web servers RHEL3 hosts: front-facing web servers Which of the following should the security consultant recommend based on best practices?
A. Each data center should contain one virtual environment for the web servers and another virtual environment for the domain controllers.
B. Each data center should contain one virtual environment housing converted Windows 2000 virtual machines and converted RHEL3 virtual machines.
C. One virtual environment should be present at each data center, each housing a combination of the converted Windows 2000 and RHEL3 virtual machines.
D. One data center should host virtualized web servers and the second data center should host the virtualized domain controllers.
Answer: A

NEW QUESTION: 3
Somerset Investment Limited is a Singapore-based money management firm that is conducting an appraisal of its investment performance. Cameron Li, CFA, has been charged with conducting the appraisal, and is to report back to upper management with his findings.
Li is convinced that trade executions play a substantial role in overall portfolio performance, particularly for funds that have a relatively high level of turnover during the year. As a result, he is seeking methods that will allow him to evaluate the quality of trade executions.
He knows that the firm's traders use both market and limit orders, and he is wondering if a framework can be developed to ensure that the best order type is used under the specific circumstances for each trade.
When he consults with the firm's head trader, Rick Gleeson, Gleeson tells him that market orders have price uncertainty but no execution uncertainty, while limit orders eliminate price uncertainty but have execution uncertainty. According to Gleeson, rebalancing and liquidity-motivated trades should use limit orders while value-motivated and information-motivated trades should use market orders.
Li knows that bid-ask spreads are a major component of trading costs, and asks Gleeson for some recent trade data that he can use for analysis and presentation to management. He receives the following data relating to a series of buy trades for Sumatra Natural Resources (SNR), with all currency values in Singapore dollars:
Trades of Sumatra Natural Resources

Gleeson also tells Li that the portfolio manager had originally made the decision to purchase 5,000 SNR at
10:00 a.m. when the price was $22.36. The closing price for the day was Leeson's last trade at $22.65, at which point the order for the remaining 2,000 shares was cancelled.
Concerning the Sumatra Natural Resources price and execution data, the average effective spread and weighted average effective spread are closest to.
Average effective spread Weighted average effective spread
A. 0.0971 0.0908
B. 0.1975 0.1957
C. 0.1957 0.1975
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The quoted spread for the first trade = 22.36 - 22.18 = 0.18. The quoted spreads for the remaining three trades are 0.20, 0.19, and 0.26, so the average quoted spread * (0.18 + 0.20 + 0.19 + 0.26) / 4 = 0.2075.
The mid-quote for the first trade = (22.36 + 22.18) / 2 - 22.27, and the effective spread = (22.33 - 22.27) x 2
= 0.12. The effective spreads for the remaining three trades are 0.20, 0.17, and 0.30, so the average effective spread = (0.12 + 0.20 + 0.17 + 0.30) / 4 = 0.1975.
The weighted average effective spread = (900 / 3,000) x 0.12 + (600 / 3,000) x 0.20 + (700 / 3,000) x 0.17
+ (800 / 3,000) x 0.30 - 0.1957. (Srudy Session 16, LOS 45.b)

NEW QUESTION: 4
You administer a cloud service. You plan to host two web applications named contosoweb and contosowebsupport. You need to ensure that you can host both applications and qualify for the Azure Service Level Agreement.
You want to achieve this goal while minimizing costs. How should you host both applications?
A. in different web roles with one instance in each web role
B. in different web roles with two instances in each web role
C. in the same web role with two instances
D. in the same web role with one instance
Answer: C
Explanation:
For Cloud Services, we guarantee that when you deploy two or more role instances in different fault and upgrade domains, your Internet facing roles will have external connectivity at least 99.95% of the time.
References: https://azure.microsoft.com/en-us/support/legal/sla/cloud-services/v1_0/

 

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