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IAA-IAP real exams

Exam Code: IAA-IAP

Exam Name: Internal Audit Practitioner

Version: V13.25

Q & A: 72 Questions and Answers

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NEW QUESTION: 1
What is the benefit of storage technologies such as data deduplication and data compression?
A. Simplified storage configuration
B. Improved storage efficiency
C. Improved storage security
D. Increase storage allocation
Answer: B

NEW QUESTION: 2
The process of identifying risks and taking steps to minimize them is referred to as what?
A. Risk management
B. Risk assessment
C. Qualitative analysis
D. Liability management
Answer: A
Explanation:
Explanation/Reference:
Answer option B is correct.
Risk management identifies areas of possible legal exposure for the organization and reduces those risks with preventive actions. Liability management (C) occurs after a liability is incurred, while risk management seeks to prevent liability. Qualitative analysis (A) covers several subjective tools for analysis. A risk assessment (D) is used to determine how likely it is that an identified risk will actually occur. See Chapters
2 and 8 for more information.
Chapter: Risk Management
Objective: Risk Management

NEW QUESTION: 3
A company has recently begun to provide internal security awareness for employees. Which of the following would be used to demonstrate the effectiveness of the training?
A. Policies
B. Business impact analysis
C. Certificate of completion
D. Metrics
Answer: C

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