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IIA-IAP real exams

Exam Code: IIA-IAP

Exam Name: Internal Audit Practitioner

Version: V13.25

Q & A: 72 Questions and Answers

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NEW QUESTION: 1
You are modifying a blog site to improve search engine readability.
You need to group relevant page content together to maximize search engine readability.
Which tag should you use?
A. <table>
B. <div>
C. <tbody>
D. <section>
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The <section> tag defines sections in a document. Such as chapters, headers, footers, or any other sections of the document.

NEW QUESTION: 2
It is highly unlikely, in formula approaches for setting the price in a buy-sell agreement, that the price established by a formula at the time of signing will be even close to the value of the interest at the time of triggering event, which could be many years later. For these reason analysts:
A. Allow flexibility in approach
B. Highly encourage the use of formulas in high-sell agreements
C. Do not allow flexibility in approach
D. Highly discourage the use of formulas in high-sell agreements
Answer: D

NEW QUESTION: 3
There are four separate but related bodies which control the setting of International accounting standards (IFRS's).
Which THREE of the following are included in the standard setting process?
A. International Financial Reporting Interpretations Committee (IFRIC)
B. Accounting Standards Board (ASB)
C. Financial Accounting Standards Board (FASB)
D. International Accounting Standards Board (IASB)
E. International Accounting Standards Committee Foundation (IASCF)
F. Chartered Institute of Management Accountants (CIMA)
Answer: A,D,E

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