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Exam Code: IIA-IAP
Exam Name: Internal Audit Practitioner
Vendor: IIA

60 Questions & Answers
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NEW QUESTION: 1
You manage a Microsoft SharePoint Online deployment.
You need to ensure that files are only preserved from the moment that in-Place hold was created.
You open the document library settings as shown in the exhibit.

What should you do next?
A. Set Create a version each time you edit a file in this document library to Create major and minor (drafts) versions.
B. Set Keep the following number of major versions option to 0.
C. Set Create a version each time you edit a file in this document library to No versioning.
D. Set Require documents to be checked out before they can be edited to Yes.
Answer: C
Explanation:
References:
https://technet.microsoft.com/en-us/library/fp161516.aspx#in_place_holds
https://support.office.com/en-us/article/Enable-and-configure-versioning-for-a-list-or-library-
1555d642-23ee-446a-990a-bcab618c7a37?CTT=3&CorrelationId=22c63639-396f-474f-9c2e-
0eece29e2300&ui=en-US&rs=en-US&ad=US&ocmsassetID=HA102772148

NEW QUESTION: 2
If demand or lead time is greater than forecast, then what will occur?
A. Unpredictable stock
B. Invaluable stock
C. Stockout
D. Vulnerable stock
Answer: C

NEW QUESTION: 3
An internal auditor is assessing the organization's risk management framework. Which of the following formulas should he use to calculate the residual risk?

A)

B)

C)

D)
A. Option B
B. Option A
C. Option C
D. Option D
Answer: A


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