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  • Exam Code: IIA-CIA-Part1
  • Exam Name: Essentials of Internal Auditing
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NEW QUESTION: 1
Altman's Z-score does not consider which of the following ratios:
A. Net income to total assets
B. Sales to total assets
C. Market capitalization to debt
D. Working capital to total assets
Answer: A
Explanation:
Explanation
A computation of Altman's Z-score considers the following ratios:
- Working capital to total assets
- Retained earnings to total assets
- EBIT to total assets
- Market cap to debt
- Sales to total assets
It does not consider Net Income to total assets, therefore Choice 'c' is the correct answer. This makes sense as net income is after interest and taxes, both of which are not relevant for considering the cash flows for debt servicing.

NEW QUESTION: 2
FooBean and BarBean are both EJB 3.0 stateless beans with container-managed transaction demarcation. All business methods in FooBean have transaction attribute REQUIRED, and all business methods in BarBean have transaction attribute REQUIRED_NEW. The business method foo in FooBean invokes the Business method bar in BarBean.
Given:
10. Public class BarBean {
11. public void bar () {
12. throw new RuntimeException ("unexpected error . . . ");
13. }}
Which is true about the method of invocation assuming execution reaches line 12?
A. FooBean.foo method receives the original RuntimeException thrown from BarBean.bar method.
B. The BarBean bean instance is in ready state for the next invocation.
C. FooBean.foo method receives javax -ejb. EJBTtansactionRolledbackException.
D. FooBean.foo method receives javax.ejb.EJBException.
Answer: D
Explanation:
Explanation/Reference:
The exception will be thrown within the FooBean container.
A standard EJBException will be thrown.
The EJBException is thrown to report that the invoked business method or callback method could not be completed because of an unexpected error (e.g. the instance failed to open a database connection).
Note:
Transaction Attributes
A transaction attribute controls the scope of a transaction. Figure below illustrates why controlling the scope is important. In the diagram, method-A begins a transaction and then invokes method-B of Bean-2.
When method-B executes, does it run within the scope of the transaction started by method-A, or does it execute with a new transaction? The answer depends on the transaction attribute of method-B.
* RequiresNew Attribute
If the client is running within a transaction and invokes the enterprise bean's method, the container takes the following steps:
1. Suspends the client's transaction
2. Starts a new transaction
3. Delegates the call to the method
4. Resumes the client's transaction after the method completes
If the client is not associated with a transaction, the container starts a new transaction before running the method.
You should use the RequiresNewattribute when you want to ensure that the method always runs within a new transaction.
Reference: The Java EE 6 Tutorial, Container-Managed Transactions

NEW QUESTION: 3
What is the process that RAID Level 0 uses as it creates one large disk by using several disks?
A. striping
B. mirroring
C. integrating
D. clustering
Answer: A
Explanation:
RAID Level 0 creates one large disk by using several disks. This process is called striping.
Source: KRUTZ, Ronald L. & VINES, Russel D., The CISSP Prep Guide: Mastering the
Ten Domains of Computer Security, 2001, John Wiley & Sons, Page 65.

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