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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
Which two statements are true about User Preference templates? (Choose two.)
A. Only one User Preference template can be active.
B. They are automatically applied when importing users.
C. They can be routed for approvals in a Business Process.
D. You can have multiple User Preference templates.
Answer: B,D

NEW QUESTION: 2
A stockbroker wishes to examine the relationship between merger failures and stock prices. For 30 days, data were collected for closing stock prices each day and the number of merger failures announced that day. After reviewing the data, the stockbroker believes that merger failures affect stock market prices for more than one day. Which of the following measures would help the stockbroker incorporate that effect into the regression model?
A. Include dummy variables
B. Introduce a variable that is collinear with number of news reports on merger failure
C. Include other independent variables, such as the number of news reports on dividend released each day
D. Include lagged variables
Answer: D

NEW QUESTION: 3
You work for a chain of restaurants. The head chef of your flagship restaurant raises questions about the inclusion of highly endangered species of fish on the restaurant's menu. Is it an ethical issue and why?
A. Yes - because it relates to the environmental issue of overfishing and depletion of fish stocks
B. No - because business cannot be accountable for environmental issues
C. No - because it will cost the restaurant money to source alternative produce
D. Yes - because it could deny customers the choice of certain types of fish
Answer: A

 

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