IIA IIA-CIA-Part2 Q&A - in .pdf

  • IIA-CIA-Part2 pdf
  • Exam Code: IIA-CIA-Part2
  • Exam Name: Practice of Internal Auditing
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  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1
Which of the following clients could not open a margin account?
A. a custodian under UGMA
B. an uncovered option writer
C. a corporation
D. a husband and wife in a joint account
Answer: A
Explanation:
Explanation/Reference:
Explanation: a custodian under UGMA. The Uniform Gifts to Minors Act requires securities registration in the name of the custodian for the benefit of the minor. A margin account does not qualify because such an account has all securities registered in street name.

NEW QUESTION: 2
Which of the following is true about procurement documents?
A. all of the above
B. Procurement documents should be structured to facilitate accurate and complete responses from prospective sellers.
C. Invitation for Bid and Request for Proposal are two examples of procurement documents.
D. b and c
E. Procurement documents are used to solicit proposals from prospective sellers.
Answer: A

NEW QUESTION: 3
When implementing the Stowize V7000 with 3.5-inch form factor drives, what is the recommended RAID type of these drives?
A. RAID 10
B. RAID 6
C. RAID 0
D. RAID 5
Answer: D

NEW QUESTION: 4
What is the primary role of cross certification?
A. Prevent the nullification of user certificates by CA certificate revocation
B. Creating trust between different PKIs
C. Build an overall PKI hierarchy
D. set up direct trust to a second root CA
Answer: B
Explanation:
More and more organizations are setting up their own internal PKIs. When these
independent PKIs need to interconnect to allow for secure communication to take place (either
between departments or different companies), there must be a way for the two root CAs to trust
each other.
These two CAs do not have a CA above them they can both trust, so they must carry out cross
certification. A cross certification is the process undertaken by CAs to establish a trust relationship
in which they rely upon each other's digital certificates and public keys as if they had issued them
themselves.
When this is set up, a CA for one company can validate digital certificates from the other company
and vice versa.
Reference(s) used for this question:
For more information and illustration on Cross certification:
http://www.microsoft.com/technet/prodtechnol/windowsserver2003/technologies/security/ws03qsw
p.mspx http://www.entrust.com/resources/pdf/cross_certification.pdf
also see:
Shon Harris, CISSP All in one book, 4th Edition, Page 727
and
RFC 2459: Internet X.509 Public Key Infrastructure Certificate and CRL Profile; FORD, Warwick &
BAUM, Michael S., Secure Electronic Commerce: Building the Infrastructure for Digital Signatures
and Encryption (2nd Edition), 2000, Prentice Hall PTR, Page 254.

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