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  1. Home
  2. IIA Certification
  3. IIA-CIA-Part3 Exam
  4. IIA.IIA-CIA-Part3.v2023-01-15.q275 Dumps
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Question 221

Which of the following is a strategy that organizations can use to stimulate innovation?
1. Source from the most advanced suppliers.
2. Establish employee programs that reward initiative.
3. Identify best practice competitors as motivators.
4. Ensure that performance targets are always achieved.

Correct Answer: D
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Question 222

The credit instrument known as a banker's acceptance:

Correct Answer: C
A time draft trade acceptance) is a form of commercial draft because it is drawn by a seller on the buyer: that is, it calls for the buyer to pay a specified amount. The draft and the shipping documents related to the goods are then sent to the buyer's bank, which transmits the draft to the buyer. The buyer effects the draft by signing it. A time draft, however, is similar to a promissory note because it is payable at a specific time in the future rather than upon acceptance by the buyer, which is characteristic of a sight draft. If a seller is reluctant to ship goods because of concern about the buyer's ability to pay a time draft, the seller's bank may, for a fee, guarantee payment. This banker's acceptance is an assumption of the obligation to pay at the due date.
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Question 223

The number of shares the entity had outstanding for the year, for the purpose of computing basic earnings per share (BEPS), is:

Correct Answer: C
The weighted-average number of shares outstanding for the year 76,000 shares) is used in the BEPS calculation.
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Question 224

Which of the following describes the free trade zone in an e-commerce environment?

Correct Answer: C
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Question 225

If Projects A and B. are independent, which of the following statements is true?

Correct Answer: C
Independent projects are those whose cash flows are not affected by the acceptance or nonacceptance of other projects. The company must decide whether to accept or to reject each of the projects. Because both projects have a positive NPV calculated using the firm's 8% cost of capital, both should be accepted. A firm with an 1 8 f cost of capital is considering the following projects on January 1. Year 1):
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