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  • Exam Code: IIA-CIA-Part2
  • Exam Name: Practice of Internal Auditing
  • Version: V17.95
  • Q & A: 400 Questions and Answers
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  • Exam Code: IIA-CIA-Part2
  • Exam Name: Practice of Internal Auditing
  • Version: V17.95
  • Q & A: 400 Questions and Answers
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  • Exam Code: IIA-CIA-Part2
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  • Version: V17.95
  • Q & A: 400 Questions and Answers
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NEW QUESTION: 1
Which option is the best description of Return on Investment (ROI)?
A. It is a method used to determine the percentage of profit to be reinvested
B. It is a method used to calculate the expected lifecycle of a product
C. It is an assessment of costs and benefits
D. It is an assessment of costs and profits
Answer: C

NEW QUESTION: 2
You work as the project manager for Bluewell Inc. There has been a delay in your project work that is adversely affecting the project schedule. You decide, with your stakeholders' approval, to fast track the project work to get the project done faster. When you fast track the project, what is likely to increase?
A. Risks
B. Quality control concerns
C. Human resource needs
D. Costs
Answer: A

NEW QUESTION: 3
Experience refund provisions of group insurance contracts are most often concerned with the manner of distributing any profits between the insurer and the insured group. The agreements usually contain provisions specifying how losses will affect the profit allocations for the insured group. In such situation:
A. Gains are distributed according to the agreement between both the parties
B. If charged back, losses for each group are usually accumulated for a certain number of years
C. Losses may or may not be charged back
D. Losses can never be charged back
Answer: B,C

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