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Exam Code: IAA-IAP
Exam Name: Internal Audit Practitioner
Vendor: IIA

60 Questions & Answers
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NEW QUESTION: 1
If demand is price inelastic:
A. A decrease in price reduces sales.
B. An increase in price increases revenue.
C. An increase in price must raise profits.
Answer: B
Explanation:
This means that the percentage change in quantity demanded is less than the percentage change in price; this means a price increase will increase revenue.

NEW QUESTION: 2
Refer below code where pessimistic constraint operator has been used to specify a version of a provider.
terraform { required_providers { aws = "~> 1.1.0" }}
Which of the following options are valid provider versions that satisfy the above constraint. (select two)
A. 1.2.0
B. 1.2.9
C. 1.1.1
D. 1.1.8
Answer: C,D
Explanation:
Explanation
Pessimistic constraint operator, constraining both the oldest and newest version allowed. For example, ~> 0.9 is equivalent to >= 0.9, < 1.0, and ~> 0.8.4, is equivalent to >= 0.8.4, < 0.9

NEW QUESTION: 3
Ein profitabler gewerblicher Kunde, der ein Import-Export-Geschäft betreibt, hat mehrere Konten bei derselben Institution in Niederlassungen an verschiedenen Standorten. Der Kunde erhält Gelder von einer Gerichtsbarkeit, die gemäß den Ratings von Transparency International als stark korrupt eingestuft wird. Der Kunde führt häufige Überweisungen zwischen den Konten durch und verwaltet die Konten lieber separat. Was sollte das Institut tun, um das mit diesen Konten verbundene Risiko zu verringern?
A. Verringern Sie die Bedeutung des subjektiven Ratings von Transparency International
B. Führen Sie eine Analyse der Handelsmanipulation durch
C. Entwickeln Sie ein System zur Überwachung aller Aktivitäten
D. Legen Sie einen verdächtigen Transaktionsbericht ab
Answer: D


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