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  • Exam Number/Code : IIA-IAP
  • Exam Name : Internal Audit Practitioner
  • Questions and Answers : 260 Q&As
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NEW QUESTION: 1
What can a purchase do in the Manage Purchase Requisition SAP Fiori app? There are 2 correct answers to this question.
A. Approve a purchase requisition
B. Initiate contracting
C. Initiate sourcing
D. Create a purchase order.
Answer: A,D

NEW QUESTION: 2
A large corporation has data centers geographically distributed across multiple continents. The company needs to securely transfer large amounts of data between the data center. The data transfer can be accomplished physically or electronically, but must prevent eavesdropping while the data is on transit. Which of the following represents the BEST cryptographic solution?
A. Exchanging VPN keys between each data center via an SSL connection and transferring the data in the VPN
B. Using PKI to encrypt each file and transferring them via an Internet based FTP or cloud server
C. Using a courier to deliver symmetric VPN keys to each data center and transferring data in the VPN
D. Driving a van full of Micro SD cards from data center to data center to transfer data
Answer: A
Explanation:
A virtual private network (VPN) is an encrypted communication tunnel that connects two systems over an untrusted network, such as the Internet. They provide security for both authentication and data transmission through a process called encapsulation. Secure Sockets Layer (SSL) can be used to exchange the VPN keys securely. SSL is used to establish secure TCP communication between two machines by encrypting the communication.

NEW QUESTION: 3
The effectiveness of an information security governance framework will BEST be enhanced if:
A. IS auditors are empowered to evaluate governance activities
B. risk management is built into operational and strategic activities
C. a culture of legal and regulatory compliance is promoted by management
D. consultants review the information security governance framework
Answer: D

NEW QUESTION: 4
With the Regulation T requirement at 50%, a firm wishes to impose house rules that require a minimum
equity of 40%. Which of the following is true?
A. this cannot be implemented since maintenance requirements are only 25% of equity for long positions
B. this is permissible
C. this action must be approved by the FRB and FINRA
D. this cannot be implemented because the level is below Reg T
Answer: B
Explanation:
this is permissible. Firms may establish house rules as long as they are at least as strict as
the minimum maintenance requirements. Reg T only dictates an initial requirement and does not address
minimum equity.

 

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2025 Pdf IIA-IAP Format, Frenquent IIA-IAP Update | Practice Internal Audit Practitioner Test Online - Cads-Group


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