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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 of the following is true?
A. All of these answers are false.
B. The geometric return is always less than the arithmetic return.
C. If the geometric return is zero, the arithmetic return must be negative.
D. If the annual returns have zero volatility, the geometric return is equal to the arithmetic return.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The mean and the geometric mean are equal when volatility in the rate of return is zero. For a non- zero volatility, the mean exceeds the geometric mean and the difference is larger the higher the volatility.

NEW QUESTION: 2

A. Option C
B. Option D
C. Option B
D. Option A
Answer: A

NEW QUESTION: 3
Which of the following is the preferred standard for responsive web design?
A. Use HTML to format the web site and CSS to control the appearance of the site.
B. Use Flash to control the appearance of the site and capture browser information.
C. Use CSS to organize the information and HTML to control the appearance of the site.
D. Use JavaScript to set all CSS styles and control interactivity.
Answer: A
Explanation:
Explanation/Reference:


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