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Exam Code:
IIA-CIA-Part1
Exam Name:
Essentials of Internal Auditing
Questions:
94 Q&A
Product Type:

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NEW QUESTION: 1
A national electronics retailer is looking to run their first Reach and Frequency campaign. Which of the following will they not be able to predict within the new campaign?
A. Spend per day
B. Frequency distribution
C. Reach and CPM
D. Return on Ad Spend
Answer: D
Explanation:
Explanation: A Reach and Frequency buy enables the advertiser to predict several factors, including the Reach and CPM of the campaign, the frequency distribution and the spend per day. However, the Return on Ad Spend will depend on factors beyond Facebook.

NEW QUESTION: 2
Your customer may end up not paying a bills receivable after a risk has been eliminated on a closed bills receivable that was factored with recourse.
Which two events occur When you re-establish the risk? (Choose two.)
A. The status of the bill is updated to Protested.
B. The customer's transaction status is changed to disputed and the bill is updated to a status of Protested.
C. The status of the bill is updated to Completed.
D. Receivables unapplied the receipt that was created when the bill was factored and applies the receipt to short-term debt.
E. The status of the bill is updated to Matured Pending Risk Elimination.
Answer: D,E
Explanation:
Explanation/Reference:
Explanation:
If a customer is at risk of not paying the bill receivable after risk has been eliminated, you can use the Reestablish Risk action to reestablish risk on the bill. When you reestablish risk on a Closed bill receivable that was factored with recourse, Receivables unapplies the receipt that was created when the bill was factored and applies the receipt to short term debt. The status of the bill is updated to Matured Pending Risk Elimination.
References: https://docs.oracle.com/cloud/latest/financialscs_gs/FAOFC/FAOFC1479830.htm

NEW QUESTION: 3
Which activities are part of the Application: Solution Adaption work stream of SAP Activate for new implementations?
There are 3 correct answers to this question.
Response:
A. Change Management Plan
B. Scope Validation
C. Production Support Plan
D. Value Determination
E. Value Audits
Answer: A,D,E

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