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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
The measurement basis most often used to report a long-term payable representing a commitment to pay money at a determinable future date is:
A. Present value of future cash flows.
B. Historical cost.
C. Current cost.
D. Net realizable value
Answer: A
Explanation:
The measurement basis most commonly adopted by entities in preparing their financial statements is historical coat. However. it is usually combined with other measurement bases attributes). The attribute used to measure a long-term receivable or payable is the present or discounted value of its future cash flows.

NEW QUESTION: 2
When does terraform apply reflect changes in the cloud environment?
A. However long it takes the resource provider to fulfill the request
B. After updating the state file
C. Immediately
D. None of the above
E. Based on the value provided to the -refresh command line argument
Answer: D

NEW QUESTION: 3

A. 100 PVUs per socket
B. 50 PVUs per processor
C. 120 PVUs per system
D. 70 PVUs per core
Answer: D
Explanation:
You need 70 PVUs per core for a two socket scale-out system.
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