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  • Exam Number/Code : IIA-CIA-Part3
  • Exam Name : Business Knowledge for Internal Auditing
  • Questions and Answers : 260 Q&As
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NEW QUESTION: 1
Which two statements best explain why the Cisco Catalyst 6500 Series of switches best fits in the core area? (Choose two.)
A. Cisco Catalyst 6500 Series aggregate data from the distribution-area switches.
B. Cisco Catalyst 6500 Series offer a broad set of access capabilities.
C. Cisco Catalyst 6500 Series handle high amounts of traffic flow.
D. Cisco Catalyst 6500 Series eliminate network security threats
Answer: A,C
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 2
A travel agency has a Dynamics 365 Customer Engagement.
Customers are allowed to add up to three countries/regions to their travel preferences from the website. Their preferences must be stored in the Contact entity.
You need to register the plug-in to meet the requirements.
Which value should you apply for each parameter? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:

Explanation:
Box 1: associate
Box 2: contact
Customers are allowed to add up to three countries/regions to their travel preferences from the website. Their preferences must be stored in the Contact entity.
Box 3: country
Box 4: synchronous
Reference:
https://docs.microsoft.com/en-us/powerapps/developer/common-data-service/tutorial-write-plug-in

NEW QUESTION: 3
Which of the following is/are true about computation of Basic EPS?
I. With stock splits and stock dividends, previously reported EPS numbers are retroactively readjusted.
II. Shares issued for the acquisition of another business are included from the date of issuance.
III. Shares issued in pooling of interests are assumed to have been outstanding at the beginning of all the periods reported.
A. I & III
B. I, II & III
C. II & III
D. I only
Answer: B
Explanation:
Explanation/Reference:
Explanation:
In the computation of basic EPS, one must be careful about the time period for which shares are assumed to be outstanding. This becomes an issue when the firm issues new shares or reacquires outstanding shares during the accounting period. Further, the purpose for which the shares are issued are also of concern since the computation of the weighted number of shares outstanding must be consistent with the logic behind the accounting treatment of the newly issued shares. Hence, when shares are issued for the acquisition of another business, they are considered as equity issued to raise new capital for investment and therefore included from the date of issuance. On the other hand, under pooling of interests method, the merged companies are assumed to have been a combined entity since their respective inceptions.
Therefore, when shares are issued under pooling of interests, they are assumed to have been outstanding at the beginning of all the periods reported. Finally, stock splits and stock dividends change the number of shares without any direct impact on earnings. Hence, for consistency, previously reported EPS numbers are retroactively readjusted.

 

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