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Exam Code: IIA-CIA-Part1-KR
Exam Name: Essentials of Internal Auditing (IIA-CIA-Part1 Korean Version)
Vendor: IIA

60 Questions & Answers
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NEW QUESTION: 1
This table displays the inventory of fasteners in a storage cabinet. An item is selected at random from the fastener cabinet.

Find the approximate probability it is larger than 1/2.
A. .35
B. .65
C. none of the above
D. .47
E. .1106
Answer: B

NEW QUESTION: 2
Scenario:

















A. Option B
B. Option A
C. Option D
D. Option C
Answer: B
Explanation:
Check the below configuration for this


NEW QUESTION: 3
Sam is the project manager for his organization. His project is not doing well on project schedule performance, and management wants him to predict how the project schedule and cost will end. Management has asked Sam to report and forecast his project's performance based on the Delphi Method, scenario building, technology forecasting, and to forecast by analogy. What forecasting method is management asking Sam to use?
A. Time series methods
B. Earned value management method
C. Judgmental methods
D. Causal/econometric methods
Answer: C
Explanation:
Management is asking Sam to use the judgmental methods to predict how the project will finish on time and cost. The judgmental forecasting method incorporates intuitive judgments, opinions and subjective probability estimates. Some examples of judgmental forecasting are as follows: Composite forecasts Surveys Delphi method Scenario building Technology forecasting Forecast by analogy Answer option B is incorrect. Time series methods of forecasting use earned value management, moving average, extrapolation, linear prediction, trend estimation, and growth curve. Answer option D is incorrect. The earned value management method is actually a part of the time series forecasting method. Answer option C is incorrect. The causal/econometric methods use linear and non-linear regression, autoregressive moving average, and econometrics.

NEW QUESTION: 4
Universal Containers would like to create a custom team solution that can be used on a custom Loan object. The following requirements must be met:
The Loan custom object should be set to Private in the Org-Wide Defaults.
Any user added to the Custom Team object should have Read Only access to the corresponding Loan record.
If the Custom Team record is marked as "Primary" then the corresponding user should have Read/Edit access to the corresponding Loan record.
Which two methods will allow the Architect to meet the requirements?
Choose 2 answers.
A. Create a criteria-based sharing rule on the Loan object that will share the Loan record with the appropriate user in the Custom Team object.
B. Create an owner-based sharing rule on the Custom Team object that will share the Loan record to the owner of the Custom Team record.
C. Create a custom trigger on the Custom Team object that inserts or updates records in the Loan_share object.
D. Create Apex Sharing Reasons on the Loan object to identify the reason the Loan record was share.
Answer: A,B


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