최신 IIA-CFSA 무료덤프 - IIA Certified Financial Services Auditor
"An element of information, from a transaction to an entire system, is appropriately entered, developed, changed, or used with proper authority." Which of the following element of integrity supports this statement?
정답: B
"A negotiated offering in which a new issue of municipal securities is sold on an agency basis by a placement agent directly to institutional or private investors rather than through an offering to the general investing public" is referred as:
정답: C
A sound Asset/Liability management policy must manage following risk EXCEPT:
정답: B
Although generally attached to bonds or preferred stock, warrants can also be attached to other securities, such as speculative stock. Warrants allow holder to buy more stock as its value appreciates. Below are the terms that must be considered in order to understand warrants EXCEPT:
정답: B
Nature of internal audit activities and quality criteria against which the performance of these services can be evaluated is best portrayed by:
정답: C
An objective of an exit conference is that it provides the client management with findings and recommendations identified during the audit which addresses all of the followings EXCEPT:
정답: D
Hedge funds:
정답: D
The federal open market committee (FOMC) board sets reserve requirements and shares the responsibility with the reserve banks for:
정답: A
The most common index funds tries to tracks the S&P 500 by purchasing all 500 stocks using the same percentage as the index. Other indices that mutual funds try to copy include all of the following EXCEPT:
정답: B
Overall "market risk" poses the greatest potential danger for investors in ____________.
정답: A
At the end of the day all funds in a non-interest bearing checking account are cleared out and moved into a short-term investment account overnight. At the beginning of the next day, those funds are put back into the regular account for use that day. Such accounts are called:
정답: A
Risks related to assets/liability management that auditors should be aware of include all of the following EXCEPT:
정답: B
Which of the following are typical information system controls that are used to ensure properly authorized transaction?
I. Online validation routines that check dollar authority limits.
II. Online user access controls.
III. Automated balancing and reconciliation routine.
IV.
Edits that validate full completion of data input fields.
I. Online validation routines that check dollar authority limits.
II. Online user access controls.
III. Automated balancing and reconciliation routine.
IV.
Edits that validate full completion of data input fields.
정답: C
All of the following are financial instrument EXCEPT:
정답: D