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IIA-IAP Exam Simulator
  • Exam Code: IIA-IAP
  • Exam Name: Internal Audit Practitioner
  • Version: V12.35
  • Q & A: 40 Questions and Answers
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NEW QUESTION: 1
Your organization is planning for a periodic counting of individual items automatically throughout the course of the year. As part of this activity, the user has loaded items to the cycle count but some of the items are not being considered when count schedules and count sequences are not generated.
Identify two reasons that explain why the items are not being considered.
A. The Include in Schedule option is not selected to include the item for auto-scheduling.
B. The approval controls are not set up.
C. The ABC assignment group is not defined.
D. The Cycle Count Enabled flag is not selected for the inventory organization.
E. The Cycle Count Enabled flag is not selected for the item.
Answer: B,E

NEW QUESTION: 2
S corporations, limited liability corporations, limited liability partnerships, family limited partnerships, professional corporations, real estate investment trust, investment companies registered under the investment company act of 1940 and personal holding companies are the examples of:
A. Entities' structures giving rise to special legal or tax considerations (specified structure)
B. Cooperatives
C. Companies following valuation standards
D. General and limited partnerships
Answer: A

NEW QUESTION: 3

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

NEW QUESTION: 4
A custom logo can replace a default logo in a report. The logo must be added to Symantec Control Compliance Suite 9.0 before the logo can be used.
In which location is a custom logo added?
A. Report Customization Wizard
B. Settings > General
C. Reporting View > Options
D. Reporting.exe.config file
Answer: B

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