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IIA IIA-CIA-Part3 exam
  • Exam Code: IIA-CIA-Part3
  • Exam Name: Business Knowledge for Internal Auditing
  • Version: V12.35
  • Q & A: 70 Questions and Answers
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NEW QUESTION: 1
The investment banker bears the risk if the securities do not sell in a(n):
A. firm commitment underwriting agreement.
B. all-or-nothing commitment.
C. best efforts agreement.
D. None of the above selections are correct. The investment banking firm is never exposed to risk if the securities don't sell.
Answer: A
Explanation:
Explanation/Reference:
Explanation: The investment banker bears the risk if the securities do not sell in a firm commitment underwriting agreement. In this type of agreement, the investment banker purchases the security from the issuing firm and is fully exposed to any risk associated with the issue.

NEW QUESTION: 2
What is the foundation of cryptographic functions?
A. Hash
B. Encryption
C. Cipher
D. Entropy
Answer: C

NEW QUESTION: 3
You have a table in an Azure Synapse Analytics dedicated SQL pool. The table was created by using the following Transact-SQL statement.

You need to alter the table to meet the following requirements:
Ensure that users can identify the current manager of employees.
Support creating an employee reporting hierarchy for your entire company.
Provide fast lookup of the managers' attributes such as name and job title.
Which column should you add to the table?
A. [ManagerEmployeeID] [int] NULL
B. [ManagerEmployeeID] [smallint] NULL
C. [ManagerEmployeeKey] [int] NULL
D. [ManagerName] [varchar](200) NULL
Answer: A
Explanation:
Use the same definition as the EmployeeID column.
Reference:
https://docs.microsoft.com/en-us/analysis-services/tabular-models/hierarchies-ssas-tabular

NEW QUESTION: 4
Why should service desk staff detect recurring issues?
A. To escalate incidents to the correct support team
B. To help identify problems
C. To engage the correct change authority
D. To ensure effective handling of service requests
Answer: B

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