IIA PDF IAA-IAP Download | IAA-IAP Instant Download & IAA-IAP Pass Leader Dumps - Hospital

- Exam Code: IAA-IAP
- Exam Name: Internal Audit Practitioner
- Version: V12.35
- Q & A: 70 Questions and Answers
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NEW QUESTION: 1
A company uses the following formula in determining its optimal level of cash.
Where: b = Fixed cost per transaction i = Interest rate on marketable securities T = Total demand for cash
over a period of time
This formula is a modification of the Economic Order Quantity (EOQ) formula used for inventory
management. Assume that the fixed cost of selling marketable securities is $10 per transaction, and the
interest rate on marketable securities is 6 percent per year. The company estimates that it will make cash
payments of $12,000 over a one-month perioD. What is the average cash balance (rounded to the
nearest dollar)?
A. $2,000
B. $3,464
C. $1,000
D. $6,928
Answer: B
Explanation:
Choice "c" is correct. Like the EOQ, this formula represents the amount of cash brought in by the sale of
marketable securities. Also like the EOQ, this cash goes to zero (or the safety level) over time. The
average cash (like the average inventory) is one half of the amount collected. Remember also to convert
the interest rate to a per month figure of 0.5%
Choices "a", "b", and "d" are incorrect, per above.
NEW QUESTION: 2
You need to recommend a solution to back up BitLocker recovery information based on the company's existing data protection requirements. The solution must include the backup destination and the solution prerequisites.
What should you recommend? (Choose all that apply.)
A. Store the BitLocker recovery information in Active Directory.
B. Raise the forest functional level to Windows Server 2008 R2.
C. Create a GPO to enroll users for a Basic EFS certificate automatically.
D. Store each user's BitLocker recovery information on USB keychain drives.
E. Import the BitLockerTPMSchemaExtension.ldf file to Active Directory.
F. Upgrade all Windows XP client computers to Windows 7.
Answer: A,E
NEW QUESTION: 3
A cloud administrator for an enterprise organization must pull bandwidth utilization from
Cisco
UCS Performance Manager. In which two ways can the administrator group the data in
Cisco UCS
Performance Manager? (Choose two.)
A. by storage components
B. by server components
C. by fabric components
D. by network components
E. by software components
Answer: B,D
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