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  1. Home
  2. IIA Certification
  3. IIA-CIA-Part3 Exam
  4. IIA.IIA-CIA-Part3.v2025-01-02.q249 Dumps
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Question 211

Given an acid-test ratio of 2.0, current assets of US $5,000, and inventory of US $2,000, the value of current liabilities is:

Correct Answer: A
The acid-test or quick ratio equals the ratio of the quick assets cash, net accounts receivable, and marketable securities) divided by current liabilities Current assets equal the quick assets plus inventory and prepaid expenses. This question assumes that the entity has no prepaid expenses. Given current assets of US $5,001.i, inventory of US $2,000 and no prepaid expenses, the quick assets must be US $3,000. Because the acid-test ratio is 2,.0 the quick assets are double the current liabilities. Current liabilities therefore are dual to $1,500 ($3,000 quick assets - 2.0).
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Question 212

Which of the following is false with regard to Internet connection firewalls?

Correct Answer: A
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Question 213

CASE computer-aided software engineering) is the use of the computer to aid in the development of computer-based information systems. Which of the following could not be automatically generated with CASE tools and techniques?

Correct Answer: A
CASE applies the computer to software design and development. It maintains on the computer a library of standard program modules and all of the system documentation. e.g.. data flow diagrams. data dictionaries, and pseudocode structured English). Permits development of executable input and output screens: and generates program code in at least skeletal form. Thus. CASE facilitates the creation. organization, and maintenance of documentation and permits some automation of the coding process. However, information requirements must be determined prior to using CASE.
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Question 214

The drive-through service at a fast-food restaurant consists of driving up to place an order, advancing to a window to pay for the order, and then advancing to another window to receive the items ordered. This type of waiting-line system is:

Correct Answer: B
The drive-through represents a single queue (channel). Because this waiting line has three services in series, it may be said to be multiple phase. Another example is the typical factory assembly line. This terminology (channel, phase), however, is not used by all writers on queuing theory.
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Question 215

Countries X and Y both have freely floating exchange rate systems and an active trading relationship. If incomes [List A] in country X while all other factors remain unchanged, then the currency of country X will tend to [List B] relative to the currency of country Y.

Correct Answer: C
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