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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
The flow graph below shows the logic of a program for which 100% statement coverage and 100% decision coverage is required on exit from component testing. [K4] The following test cases have been run:
Test Case 1 covering path P,Q,R,U
Test Case 2 covering path P,Q,S,V
Test Case 3 covering path P,Q,S,W,X
Test case 4 covering path P,Q,S,W,Y
Refer to the exhibit

A. Statement coverage is 100%; decision coverage is 100%
B. Statement coverage is less than 100%; decision coverage is 100%.
C. Statement coverage is 100%; decision coverage is less than 100%
D. Statement coverage and decision coverage are both less than 100%
Answer: D

NEW QUESTION: 2
The value of which of the following options cannot be less than its intrinsic value
A. a European put
B. a European call
C. a Bermudan put
D. an American put
Answer: D
Explanation:
Explanation
Note that intrinsic value of an option is the difference between the value of the underlying and the strike price of the option.
European options can only be exercised at expiry, and Bermudan options only at certain dates during the life of the option. Therefore the option may be valued at less than intrinsic value if the earliest possible exercise date is not very close. An American option however can be exercised at any time prior to expiry, which means that its value can never fall below its intrinsic value. Because if it did, arbitrageurs would buy the option and immediately exercise it to get a risk free profit. It does not matter whether the option is a call or a put - therefore the correct answer is Choice 'c'.

NEW QUESTION: 3
You are configuring a STUN/TURN server on the Session Border Controller for Enterprise (SBCE).
Which mechanism is used to ensure a trust relationship exist between Avaya Aura® Media Server (AAMS) and Session Border Controller for Enterprise (SBCE)?
A. SBCE must be enrolled with AAMS using the "Enrolment Wizard"
B. A matching username and password is configured on both SBCE and AAMS
C. SBCE Management IP address has to be configured as a "Trusted Host" on AAMS
D. AAMS FQDN has to be configured as a "Trusted Host" on SBCE
Answer: D

 

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