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  • Exam Code: IIA-CIA-Part1
  • Exam Name: Essentials of Internal Auditing
  • Version: V15.35     Q & A: 208 Questions and Answers

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NEW QUESTION: 1
Which statement about the Remote Management Agent is true?
A. It allows retailers to offer zero-inventory products.
B. It allows customers to proactively monitor critical devices.
C. It is available as an optional plug-in for IBM Director.
D. It is licensed on a per device basis.
Answer: B
Explanation:
SurePost 700 managements tools includeIBM RemoteaManagement AgentandIBM Director.

NEW QUESTION: 2
In preparing a good project definition, experienced project managers will:
A. Understand that a project definition/plan is a dynamic rather than static tool, and thus subject to change.
B. Concentrate mainly on the end product rather than costs or benefits. These come later.
C. Try to convert objectives into quantifiable terms.
D. All of the other alternatives apply
E. Realize that only the "tip of the iceberg" may be showing. As a project manager, you must get beneath it.
Answer: D

NEW QUESTION: 3
Which of the following is true?
A. The CME EURODOLLAR futures contract has a minimum price interval of one-quarter basis point value (0.0025) for the nearest contract
B. The EUROYEN TIBOR futures contract has a basis point value of JPY 25,000 and a face value of JPY 1,000,000,000
C. The 3-month EURIBOR futures contract has a minimum price interval of half a basis point value (0.0050) for the nearest contract
D. The 3-month Sterling (SHORT STERLING) futures contract has a basis point value of GBP
25.00 and a face value of GBP 1,000,000 .00
Answer: A

NEW QUESTION: 4
A company wants to sell an extremely rare antique. The company does not know how highly consumers value the antique, but it knows that any single consumer's value will rise if the consumer believes other people have a high value for the antique. How should the company sell the item to maximize its price?
A. Conduct an English (open outcry) auction
B. Conduct a Vickrey (sealed second-price) auction
C. Conduct either a Vickrey (sealed second-price) auction or a sealed first-price auction
D. Conduct a sealed first-price auction
Answer: A

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