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Exam Code: IIA-CIA-Part3
Exam Name: Business Knowledge for Internal Auditing
Vendor: IIA

60 Questions & Answers
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NEW QUESTION: 1
Which two statements about the Cisco UC on UCS specs-based virtualization support model are true?
(Choose two.)
A. It has a rule-based approach.
B. It has less hardware flexibility compared to the third-party server specs-based support model.
C. VMware vCenter is optional with this support model.
D. It has less hardware flexibility compared to the UC on UCS TRC support model.
E. It has a configuration-based approach.
Answer: A,B
Explanation:
Explanation/Reference:
Reference:
http://docwiki.cisco.com/wiki/UC_Virtualization_Supported_Hardware#UC_on_UCS_Tested_R eference_Configurations

NEW QUESTION: 2
Your network contains an Active Directory domain named contoso.com. All client computers run Windows 8
Pro. You have a Group Policy object (GPO) named GP1.
GP1 is linked to the domain. GP1 contains the Windows Internet Explorer 10 and 11 Internet Settings.
The settings are shown in the exhibit. (Click the Exhibit button.)
Users report that when they open Windows Internet Explorer, the home page is NOT set to http://www.contoso.com.
You need to ensure that the home page is set to http://www.contoso.com the next time users log on to the domain.
What should you do?
Exhibit:

A. Open the Internet Explorer 10 and 11 Internet Settings, and then press F5.
B. On each client computer, run gpupdate.exe.
C. On each client computer, run Invoke-GPupdate.
D. Open the Internet Explorer 10 and 11 Internet Settings, and then modify the Tabs settings.
Answer: B
Explanation:
http://technet.microsoft.com/en-us/library/hh967455.aspx

NEW QUESTION: 3
Andrea, a portfolio manager for XYZ Investment Management Company, a registered investment organization that advises investment companies and private accounts, was promoted to that position three years ago. Bates, her supervisor, is responsible for reviewing Andrea's portfolio account transactions and her required monthly reports of personal stock transactions. Andrea has been using Jonelli, a broker, almost exclusively for portfolio account brokerage transactions. For securities in which Jonelli's firm makes a market, Jonelli has been giving Andrea lower prices for personal purchases and higher prices for personal sales than Jonelli gives to Andrea's portfolio accounts and other investors. Andrea has been filing monthly reports with Bates only for those months in which she has no personal transactions, which is about every fourth month. Which of the following applies/apply?
I. Andrea violated the Code and Standards in that she failed to disclose to her employer her personal transactions.
II. Andrea violated the Code and Standards by breaching her fiduciary duty to her clients.
III. Bates violated the Code and Standards by failing to enforce reasonable procedures for supervising and monitoring Andrea in Andrea's trading for her own account.
A. II and III only.
B. I only.
C. I and II only.
D. II only.
E. I, II and III.
F. I and III only.
G. III only.
Answer: E
Explanation:
Explanation/Reference:
Explanation:
This question involves three Standards. Andrea, the portfolio manager, has been obtaining lower prices for her personal securities transactions than she gets for her clients, which is a violation of Standard IV (B.1), Fiduciary Duties. In addition, she violated Standard II (B), Professional Misconduct, by failing to adhere to company policy and hiding her personal transactions from her firm. Andrea's supervisor, Bates, violated Standard III (E), Responsibilities of Supervisors, by failing to enforce the procedures for reporting personal trading. Therefore, Statements I, II and III are all correct.


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