IIC C11 Q&A - in .pdf

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  • Exam Code: C11
  • Exam Name: Principles and Practice of Insurance
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NEW QUESTION: 1
You have two models:one for Expense, and another for Sales.Both models have the same Profit centerdimention.You would like users to perform reporting on both models as follows:
In column A:Expense values
In column B:Profitcenters
In column C:Sales values
Which methods can you use to accomplish this requirement?
Note:There are 2 correct answers to this question.
Note: Answers to this question are not verified by our experts, please study yourself and select the appropriate answers.
Contribute: Please send the correct answers with reference text/link on [email protected] to get up to 50% cashback.
Response:
A. The'outerdimension'option.
B. 'EPMRetrieveData'formulas.
C. 'Shared axis' reporting
D. The'repeat row headers'property.
Answer: B,C

NEW QUESTION: 2
---

A. netcfg.exe
B. ipconfig.exe
C. netsh.exe
D. msconfig.exe
Answer: C
Explanation:
In order to configure TCP/IP settings such as the IP address, Subnet Mask, Default Gateway, DNS and WINS addresses and many other options you can use Netsh.exe.

NEW QUESTION: 3
マトリックス化された組織には、プロジェクトスケジュールとコスト超過の履歴があります。新しいプロジェクトマネージャーはこの履歴を知り、傾向を避けたいプロジェクトマネージャーはプロジェクトチームと協力して、プロジェクトを正常に完了するために必要なすべての作業を定義、検証、および制御します。このアクティビティから生成されるドキュメントは何ですか。
A. スコープ管理計画
B. プロジェクトスコープステートメント
C. プロジェクト憲章
D. プロジェクト管理計画
Answer: B

NEW QUESTION: 4
A retail entity uses electronic data interchange (EDI) in executing and recording most of its purchase
transactions. The entity's auditor recognizes that the documentation of the transactions will be retained for
only a short period of time. To compensate for this limitation, the auditor most likely would:
A. Plan to make a 100% count of the entity's inventory at or near the year-end.
B. Increase the sample of EDI transactions to be selected for cutoff tests.
C. Perform tests several times during the year, rather than only at year-end.
D. Decrease the assessed level of control risk for the existence or occurrence assertions.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. When an entity transmits, processes, maintains, or accesses significant information
electronically, some accounting data and source documents may be available only in electronic form, or
only at a certain point in time. The auditor would generally perform tests of controls several times during
the year to compensate for this limitation.
Choice "A" is incorrect. Increasing the sample size related to cutoff testing will not provide evidence about
transactions occurring throughout the period under audit, since cutoff testing relates to year-end.
Choice "C" is incorrect. Auditing 100% of the year-end inventory does not provide evidence about
transactions occurring throughout the period under audit.
Choice "D" is incorrect. Failure to retain documentation for longer periods of time would not imply that
control risk is reduced. If anything, this might lead to an increase in control risk, making it less likely that
phony transactions would be detected after the fact.

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