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Exam Code: IIA-CIA-Part3
Exam Name: Business Knowledge for Internal Auditing
Vendor: IIA

60 Questions & Answers
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NEW QUESTION: 1
The reasons for operator to migrate to ATCA MGW from the IPA MGW are:
A. ATCA MGW supports all interface types ATM/TDM/IP unlike the IPA.
B. ATCA MGW is required for new features like SRVCC, HD voice, RTP multiplexing.
C. IPA reached end of support and all customers must upgrade now to ATCA.
D. ATCA MGW have lower foot print, higher capacity and better power efficiency in comparison to IPA MGW.
Answer: D

NEW QUESTION: 2
Kane is a management accountant for business in the City. When looking through the company's latest financial reports he finds that company has been paying far less tax than it should be.
After consulting the company's management, Kane discovers that the company had been deliberately paying less tax and are not interested in taking action to rectify it.
As Kane has done all he can to try and solve the issue himself, it's clear that he now needs to take steps to disassociate himself from the misleading information.
How might he do this?
Select ALL that apply.
A. Determine whether he should report the issue.
B. Resign from the company.
C. Manipulate the company's accounts so that the right amount of tax is paid.
D. Consider getting legal advice.
E. Destroy all documents that contain information regarding the company's tax avoidance.
Answer: A,B,D

NEW QUESTION: 3
What three AAIs can be set up for revenue recognition?
A. RT AAI
B. 4243 DMAAI
C. RP AAI
D. RQ AAI
E. 4225 DMAAI
Answer: C,D,E
Explanation:
Reference: https://docs.oracle.com/cd/E16582_01/doc.91/e15085/rev_rec.htm#EOAAR1455


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