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Internal Audit Practitioner

  • Exam Number/Code : IIA-IAP
  • Exam Name : Internal Audit Practitioner
  • Questions and Answers : 213 Q&As
  • Update Time: 2019-01-10
  • Price: $ 99.00 $ 39.00

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NEW QUESTION: 1
What percent of Flash Cache can be used to hold pinned database objects?
A. 0
B. 1
C. 2
D. 3
E. 4
Answer: D

NEW QUESTION: 2
A perpetual inventory system uses a minimum quantity on hand to initiate purchase ordering procedures for restocking. In reviewing the appropriateness of the minimum quantity level established by the stores department, the internal auditor is least likely to consider:
A. Stock out costs, including lost customers.
B. Optimal order sizes determined by the economic order quantities model.
C. Available storage space and potential obsolescence.
D. Seasonal variations in forecasting inventory demand.
Answer: B
Explanation:
The basic economic order quantity (EOQ) model is based on the following variables: demand, variable cost per purchase order, and variable unit carrying cost. Thus, minimum stocking levels do not affect the EOQ.

NEW QUESTION: 3



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