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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 two statements are true about service creation for pluggable databases (PDBs)? (Choose two.)
A. The default service that is automatically created by a database at the time of PDB creation can be
dropped, provided a new additional service is created.
B. A database managed by Oracle Restart can have additional services created or existing services
modified by using the srvctl utility for each PDB.
C. When a PDB is created, a service is automatically started in the instance with the same name as the
PDB.
D. Only a common user can create additional services for a PDB.
E. When a PDB is created, a service with the same name as the PDB is created in the PDB.
Answer: B,C

NEW QUESTION: 2
General Investments is considering the purchase of a significant stake in Pacific Computer Components (PCC). Although PCC has stable production output, the company is located in a developing country with an uncertain economic environment. Since the monetary environment is particularly worrisome. General has decided to approach the valuation of PCC from a free cash flow model using real growth rates. In real rate analysis, General uses a modified build-up method for calculating the required real return, specifically:
required real return = country real rate + industry adjustment +
company adjustment
Elias Sando, CFA, an analyst with General, estimates the following information for PCC:
Domestic inflation rate = 8.738%
Nominal growth rate = 12.000%
Real country return = 3.000%
Industry adjustmen = 3.000%
Company adjustment = 2.000%
Additionally, Exhibit 1 reports information from PCC's financial statements for the year just ended (stated in LC).

PCC generally maintains relatively constant proportions of equity and debt financing and is expected to do so going forward.
Sando has gathered information on earnings before interest, taxes, depreciation, and amortization (EBITDA) and is contemplating its direct use in another cash flow approach aimed at valuing PCC.
Consider the following two statements regarding EBITDA:
Statement 1: EBITDA is not a good proxy for free cash flow to the firm (FCFF) because it does not incorporate the importance of the depreciation tax shield nor does it reflect the investment in working capital or in fixed capital.
Statement 2: EBITDA is also a poor proxy for FCFE.
Suppose that PCC initiates a cash dividend, with a target payout ratio of 25% of net income. What is the likely magnitude of the effect of the new cash dividend and the net change in the outstanding debt on future FCFE, all else equal?
A. The dividend has no effect, and the debt change has a small effect.
B. The dividend has a large effect, and the debt change has a small effect.
C. The dividend has a large effect, and the debt change has no effect.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Dividend policy change: A change in dividend policy will have no direct impact on future FCFE. Note that dividend payments arc a use of equity cash flows, not a reduction in FCFE. It is possible that an increase in dividends could reduce the long-term growth rate of the firm, thus reducing firm value. However, holding all other factors constant, an increase in dividends will not affect FCFE forecasts.
Net change in debr. The increase in debt, LC400.000, will increase future interest expense and decrease future FCFE, but the amount is small relative to net income of LC7,000,000. {Study Session 12, LOS 4l.h)

NEW QUESTION: 3
Which three are the features of the different DB systems in Oracle Cloud Infrastructure?
A. CPUs can be scaled up for bare metal and Exadata DB systems.
B. All DB systems can have multiple database editions and versions.
C. RAC is available in VM and Exadata DB systems.
D. Storage can be scaled up for the VM DB systems only.
E. CPU can be scaled up for full rack only in Exadata DB systems.
Answer: B,C,D

NEW QUESTION: 4
For normal packet transmission of an accepted communication to a host protected by a Security Gateway, how many lines per packet are recorded on a packet analyzer like Wireshark using fw monitor?
A. 0
B. None
C. 1
D. 2
Answer: D


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