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Exam Code: IIA-CIA-Part1
Exam Name: Essentials of Internal Auditing
Vendor: IIA

60 Questions & Answers
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NEW QUESTION: 1
Farr made a gift of stock to her child, Pat. At the date of gift, Farr's stock basis was $10,000 and the
stock's fair market value was $15,000. No gift taxes were paid. What is Pat's basis in the stock for
computing gain?
A. $15,000
B. $10,000
C. $0
D. $5,000
Answer: B
Explanation:
Explanation
Choice "c" is correct. Property acquired as a gift generally retains the rollover cost basis as it had in the
hands of the donor at the time of the gift. Basis is increased by any gift tax paid that is attributable to the
net appreciation in the value of the gift. Since there were no gift taxes paid, Pat's basis for computing a
gain is the rollover cost (basis), $10,000.
Choices "a", "b", and "d" are incorrect, per the explanation above.

NEW QUESTION: 2
Drag and drop the characteristics from the left onto the correct infrastructure deployment types on the right.

Answer:
Explanation:

Explanation


NEW QUESTION: 3
HOTSPOT
Your network contains a server named Server1 that runs Windows Server 2012. App1 has
the Print and Document Services server role installed.
All client computers run Windows 8.
The network contains a network-attached print device named Printer1.
From App1, you share Printer1.
You need to ensure that users who have connected to Printer1 previously can print to
Printer1 if App1 fails.
What should you configure?
To answer, select the appropriate option in the answer area.

Answer:
Explanation:


NEW QUESTION: 4
XYZ Corp. has two on-premises IBM Lotus Domino domains. The domain XYZ-NA is connected to IBM SmartCloud Notes in the hybrid configuration and has users both on-premises and in SmartCloud Notes. Users in the second domain, XYZ-AP, can send and receive mail to all users in the XYZ-NA domain. Some users from the XYZ-AP domain are moved into the SmartCloud Notes service. On-premises users in the XYZ-AP domain can now no longer send mail to the users in that domain who moved to SmartCloud Notes. What is the most likely cause of this problem?
A. No mail-routing connection exists between the XYZ-AP domain and the mail hub in the XYZ-NA domain.
B. The servers in the XYZ-AP domain are not allowed to connect to SmartCloud Notes through the passthru server.
C. No mail-routing connection exists between the XYZ-AP domain and the SmartCloud Notes service.
D. The email addresses of the users who moved have changed and the directory needs to be updated.
Answer: C


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