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IIA-CIA-Part3 real exams

Exam Code: IIA-CIA-Part3

Exam Name: Business Knowledge for Internal Auditing

Version: V13.25

Q & A: 72 Questions and Answers

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NEW QUESTION: 1

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

NEW QUESTION: 2
You have a virtual machine that is currently configured with 2 vCPUs and 4 GB of memory. It is running out of memory. You want to upgrade the virtual machine to have 8 GB of memory.
What should you do?
A. Use gcloud to add metadata to the VM. Set the key to required-memory-sizeand the value to 8 GB.
B. Rely on live migration to move the workload to a machine with more memory.
C. Stop the VM, increase the memory to 8 GB, and start the VM.
D. Stop the VM, change the machine type to n1-standard-8, and start the VM.
Answer: C

NEW QUESTION: 3
An application that runs on an Amazon EC2 instance needs to access and make API calls to multiple AWS services.
What is the MOST secure way to provide access to the AWS services with MINIMAL management overhead?
A. Store and retrieve credentials from AWS CodeCommit.
B. Use EC2 instance profiles.
C. Use AWS root user to make requests to the application.
D. Use AWS KMS to store and retrieve credentials.
Answer: C
Explanation:
https://docs.aws.amazon.com/IAM/latest/UserGuide/id_roles_use_switch-role-ec2.html

NEW QUESTION: 4
The buyer has negotiated a cost-plus-incentive fee contract with the seller. The contract has a target cost of $300,000, a target fee of $40,000, a share ratio of 80/20, a maximum fee of $60,000, and a minimum fee of $10,000. If the seller has actual costs of $380,000, how much fee will the buyer pay?
A. $104,000
B. $30,000
C. $56,000
D. $24,000
Answer: D
Explanation:
Comparing actual costs with the target cost shows an $80,000 overrun. The overrun is shared 80/20 (with the buyer's share always listed first). In this case 20% of $80,000 is $16,000, the seller's share, which is deducted from the $40,000 target fee. The remaining $24,000 is the fee paid to the seller. [Planning and Closing] Garrett 2007, 123 PMBOK@ Guide, 2013, 364

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