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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
Which statement about spanning-tree root-bridge election is true?
A. Each root bridge must reside on the same root switch
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D. It is always performed automatically
Answer: C

NEW QUESTION: 2
Municipal syndicate allocation procedures are described in which of the following?
A. syndicate account letter
B. underwriting agreement
C. agreement among the underwriters
D. official statement
Answer: A
Explanation:
syndicate account letter. This letter is sent by the manager of a competitive bid syndicate to
the other members. The priority and other procedures, including allocation amounts, are specified in the
letter. Members signify acceptance by signing the letter and returning it to the manger.

NEW QUESTION: 3

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


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