認定するIIA-CIA-Part3日本語復習赤本 & 合格スムーズIIA-CIA-Part3テスト内容 | 100％合格率のIIA-CIA-Part3参考書内容IIAより多くのIIA-CIA-Part3質問トレントを入手して最新のトレンドをフォローするために、タイムリーで無料のアップデートを提供します。 IIA-CIA-Part3試験トレントは、経験豊富な専門家によってまとめられており、非常に価値があります。それらを素早く簡単に習得できます。選択できるさまざまなバージョンを提供しており、IIA-CIA-Part3試験材料の最適なバージョンを見つけることができます。そのため、学習者がIIA-CIA-Part3の問題トレントを習得して、短時間でIIA-CIA-Part3試験に合格すると便利です。 IIA Business Knowledge for Internal Auditing 認定 IIA-CIA-Part3 試験問題 (Q116-Q121):質問 # 116
If a call option is out-of-the-money, the:
A. Option has become a put option.
B. Option no longer exists.
C. Value of the underlying asset is less than the exercise price.
D. Option has expired
正解：C
解説：
When the value of the asset underlying a call option is less than the exercise price of the option, the option is out-of-money.
質問 # 117
The best evidence that contingency planning is effective is to have:
A. Comprehensive documentation of the plan.
B. Successful testing of the plan.
C. Signoff on the plan by the internal audit activity.
正解：B
質問 # 118
Refer to the exhibit.
Presented below are partial year-end financial statement data (000 omitted from dollar amounts) for companies A and B:
If company A has a quick ratio of 2:1, then it has an accounts receivable balance of:
A. $500
B. $300
C. $200
D. $100
正解：D
質問 # 119
Which of the following is classified as a product cost using the variable costing method?
1. Direct labor costs.
2. Insurance on a factory.
3. Manufacturing supplies.
4. Packaging and shipping costa.
A. 1 and 2
B. 1 and 3
C. 2 and 4
D. 3 and 4
正解：B
質問 # 120
Which of the following statements is true regarding an investee that received a dividend distribution from an entity and is presumed to have little influence over the entity?
A. The investee must record the cash dividends as dividend revenue
B. The investee must adjust the investment account by the ownership interest
C. The cash dividends received increase the investee investment account accordingly.
D. The investment account is adjusted downward by the percentage of ownership.
正解：A
解説：
* Accounting Treatment for Investments with Little Influence:
* When an investee has little or no influence over an entity, it uses the cost method (or fair value method, if applicable) to account for the investment.
* Under the cost method, cash dividends received are recorded as dividend revenue rather than adjusting the investment account.
* IIA Standard 2120 - Risk Management:
* Internal auditors must ensure that financial reporting aligns with applicable accounting standards.
* Applicable Accounting Standards:
* IFRS 9 (Financial Instruments) and U.S. GAAP (ASC 320 - Investments in Equity Securities) state that dividends received should be recognized as income in the period received.
* A. The cash dividends received increase the investee investment account accordingly. (Incorrect)
* This applies to the equity method, used when an entity has significant influence (usually 20-
50% ownership).
* Under the cost method, dividend income is recognized as revenue, not as an increase in the investment account.
* B. The investee must adjust the investment account by the ownership interest. (Incorrect)
* Adjusting the investment account for ownership percentage is a feature of the equity method, not the cost method.
* C. The investment account is adjusted downward by the percentage of ownership. (Incorrect)
* A downward adjustment only occurs under the equity method when dividends exceed earnings, indicating a return of capital.
* Under the cost method, dividends are recorded as revenue.
Explanation of Answer Choice D (Correct Answer):Explanation of Incorrect Answers:Conclusion:When an investee has little influence, dividends are recorded as revenue (Option D), following IFRS 9 and U.S.
GAAP standards.
IIA References:
* IIA Standard 2120 - Risk Management
* IFRS 9 - Financial Instruments
* U.S. GAAP ASC 320 - Investments in Equity Securities
