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IIA IIA-IAP exam
  • Exam Code: IIA-IAP
  • Exam Name: Internal Audit Practitioner
  • Version: V12.35
  • Q & A: 70 Questions and Answers
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NEW QUESTION: 1
When adding an H.323 Station, which three fields must be administered? (Choose three.)
A. Set Template/Set Type
B. Port
C. Extension
D. Class of Service (COS)
E. Security Code
Answer: A,C,E

NEW QUESTION: 2
A country is a net oil exporter and the demand for oil overseas is price inelastic. A substantial increase in the world price of oil would tend to
A. Improve the country's balance of payments on current account
B. Improve the price competitiveness of manufacturing firms in the country
C. Increase GDP but not GNP in the country
D. Cause the country's terms of trade to deteriorate
Answer: A

NEW QUESTION: 3
According to Basel II what constitutes Tier 3 capital?
A. Subordinated debt issues that pay interest.
B. Debt capital that can only be used to support market risk in the trading book of the bank.
C. Preference shares that confer on issuers the right to defer payment of a fixed dividend.
D. Hybrid debt capital instruments that are similar to equity.
Answer: B

NEW QUESTION: 4
Though priority assigned to a defect is usually subjective, but are dependent on user input(s) or factor(s) such as:
A. Resources available to fix
B. Risk
C. A and B
D. A, B, and C
E. Importance of the defect
Answer: D

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