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Exam Code: IIA-CIA-Part3-KR
Exam Name: Business Knowledge for Internal Auditing (IIA-CIA-Part3 Korean Version)
Vendor: IIA

60 Questions & Answers
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NEW QUESTION: 1
Which of the following is NOT a revenue recognition method when there is uncertainty surrounding the realizability of income?
A. Real Estate Method
B. Cost Recovery Method
C. Installment Sales Method
D. Completed Contract Method
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The completed contract method is used for revenue recognition in the case of long-term contracts. In particular, it is chosen instead of the percentage-of-completion method if there are no reliable measures of the degree to which the contract obligations have been fulfilled.

NEW QUESTION: 2
Which characteristic distinguishes a project from regular business operations?
A. Manages stakeholders
B. Produces benefits
C. Introduces business change
D. Incurs cost
Answer: C

NEW QUESTION: 3
A volume with a single LUN shows 30% deduplication savings. However, the output of df on the cluster does not show the 30% savings back to the volume or aggregate.
What is causing this behavior?
A. Volume space guarantee is set to none.
B. Volume space guarantee is set to volume.
C. LUN space reserve is enabled.
D. LUN space reserve is disabled.
Answer: C


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