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Practice of Internal Auditing

  • Exam Number/Code : IIA-CIA-Part2
  • Exam Name : Practice of Internal Auditing
  • Questions and Answers : 213 Q&As
  • Update Time: 2019-01-10
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NEW QUESTION: 1
You are doing a load testing exercise on your application hosted on AWS.
While testing your Amazon RDS MySQL DB instance, you notice that when you hit 100% CPU utilization on it, your application becomes non- responsive.
Your application is read-heavy.
What are methods to scale your data tier to meet the application's needs? Choose 3 answers
A. Enable Multi-AZ for your Amazon RDS DB instance.
B. Use an Amazon SQS queue to throttle data going to the Amazon RDS DB instance.
C. Add Amazon RDS DB read replicas, and have your application direct read queries to them.
D. Use ElastiCache in front of your Amazon RDS DB to cache common queries.
E. Add your Amazon RDS DB instance to an Auto Scaling group and configure your CloudWatch metric based on CPU utilization.
F. Shard your data set among multiple Amazon RDS DB instances.
Answer: C,D,F

NEW QUESTION: 2
Arbliss, an AIMR member, has been working for a financial software company, Supersoft Corp. for the past
3 years. He now wants to leave the firm and start his own software proprietorship. Which of the following will not constitute a violation of the AIMR code?
I. Making arrangements to set up the proprietorship prior to leaving current employment, without Supersoft knowing about it.
II. Soliciting Supersoft's clients prior to the termination of employment.
III. Using a confidential software error-checking program he had developed for Supersoft for his own purposes.
A. III only
B. II and III only
C. I only
D. I and III only
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Standard III (B) - Duty to Employer - does not preclude a member from entering into independent practice while still employed. It does require the employee to obtain written permission from the employer as well as the outside entity before doing this. It does not prohibit a departing employee from making arrangements to enter independent practice prior to leaving current employment, as long as such preparations do not constitute a breach of loyalty toward the employer. Activities that can be a breach of loyalty include misappropriation of trade secrets, misuse of confidential information, solicitation of the firm's clients before the termination of unemployment and in general, any activity that would destabilize the firm's operations.

NEW QUESTION: 3
A corporation has implemented Oracle Fusion Compensation for a manufacturing client. The Fusion consultant must create an element eligibility link for an Earnings element.
While creating the element eligibility link, which three options can be set up in the element eligibility work area?
A. Retroactive components
B. Input values
C. Auto indirect rules
D. Status processing rules
E. General information
F. Costing
Answer: B,C,F