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by on January 9, 2023
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下載CIA Exam Part Three: Business Knowledge for Internal Auditing考試題庫

NEW QUESTION 35
An organization needs to borrow a large amount of cash to fund its expansion plan. Which of the following annual interest rates is least expensive?

  • A. 7 percent simple interest with a 10 percent compensating balance.
  • B. 7 percent discount interest.
  • C. 7 percent compounding interest.
  • D. 7 percent simple interest paid at the end of each year.

Answer: D

 

NEW QUESTION 36
Which of the following IT-related activities is most commonly performed by the second line of defense?

  • A. Block unauthorized traffic.
  • B. Encrypt data.
  • C. Review disaster recovery test results.
  • D. Provide independent assessment of IT security.

Answer: C

 

NEW QUESTION 37
A clothing company sells shirts for $8 per shirt. In order to break even, the company must sell 25,000 shirts. Actual sales total $300,000.
What is margin of safety sales for the company?

  • A. $275,000
  • B. $200,000
  • C. $100,000
  • D. $500,000

Answer: B

 

NEW QUESTION 38
The first step in determining product price is:

  • A. Selecting a pricing method.
  • B. Evaluating prices set by the competitors.
  • C. Developing pricing objectives.
  • D. Determining the cost of the product.

Answer: C

 

NEW QUESTION 39
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