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Exam Code: IIA-CIA-Part2
Exam Name: Practice of Internal Auditing
Vendor: IIA

60 Questions & Answers
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NEW QUESTION: 1
In a binomial tree lattice, at each step the underlying price can move up by a factor of u = 1.1 or down by a factor of . The continuously compounded risk free interest rate over each time step is 1% and there are no dividends paid on the underlying. The risk neutral probability for an up move is:
A. 0.5290
B. 0.5288
C. 0.5292
D. 0.5286
Answer: B

NEW QUESTION: 2
North Trail Outfitters (NTO) operates a majority of its business from a central Salesforce org, NTO also owns several secondary orgs that the service, finance, and marketing teams work out of, At the moment, there is no integration between central and secondary orgs, leading to data-visibility issues.
Moving forward, NTO has identified that a hub-and-spoke model is the proper architect to manage its data, where the central org is the hub and the secondary orgs are the spokes.
Which tool should a data architect use to orchestrate data between the hub org and spoke orgs?
A. A middleware solution that extracts and distributes data across both the hub and spokes.
B. A backup and archive solution that extracts and restores data across orgs.
C. Develop custom APIs to poll the hub org for change data and push into the spoke orgs.
D. Develop custom APIs to poll the spoke for change data and push into the org.
Answer: A

NEW QUESTION: 3
Using Insight Dynamics five-star rating system, what is indicated with a headroom rating of four stars?
A. Workload could increase by 25% and still fit.
B. Workload could double in size and still fit.
C. There is room to grow by 50%.
D. There is room to grow by 75%.
Answer: D


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