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Free IIA Certified Financial Services Auditor Exam Dumps

Here you can find all the free questions related with IIA Certified Financial Services Auditor (Certified Financial Services Auditor) exam. You can also find on this page links to recently updated premium files with which you can practice for actual IIA Certified Financial Services Auditor Exam. These premium versions are provided as Certified Financial Services Auditor exam practice tests, both as desktop software and browser based application, you can use whatever suits your style. Feel free to try the Certified Financial Services Auditor Exam premium files for free, Good luck with your IIA Certified Financial Services Auditor Exam.
Question No: 1

MultipleChoice

The extent to which an organization has implemented controls to minimize the actual occurrences of the risk determines the vulnerability to the risk actually occurring, or the

''_______''

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Question No: 2

MultipleChoice

''Audit management must decide whether to sample (judgment or statistical) or use the entire universe, and which specific quantitative and qualitative methodologies will provide sufficient, competent and relevant evidence to answer the questions posed in the audit objectives.'' It is an example of:

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Question No: 3

MultipleChoice

''Insurers guarantee a minimum rate of interest dunning the time that the account is growing and periodic payment amounts of a specified amount for a stated period (either specific period 10 years indefinite period etc).'' This statement is related to:

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Question No: 4

MultipleChoice

''A special type of annuity that involves a contract between the annuitant and insurer in which

insurer credits the annuity account with return amounts based on changes in an equity index

such as the S&P500 (composite price index),'' is:

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Question No: 5

MultipleChoice

''An element of information, from a transaction to an entire system, is appropriately entered, developed, changed, or used with proper authority.'' Which of the following element of integrity supports this statement?

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Question No: 6

MultipleChoice

''These are usually secured by mortgages, deeds of trust, land contracts, or other types of real

estate liens. Interest rates for residential mortgages loans may be fixed or variable. Repayments of principal may be set up for full amortization, negative amortization, or partial amortization with a balloon payment at a specified rate.'' What are these?

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Question No: 7

MultipleChoice

''A valid contract involves each party giving something of value. This exchange of value, or consideration, may take the form of money, action, or promise. For insurance contracts, the insured's consideration is the payment or premiums and a promise to fulfill the conditions of the contracts, and the insurer's consideration is the promise to pay after a loss occurs.'' This is related to an element in an insurance policy contract. It is known as:

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Question No: 8

MultipleChoice

When a bank charges off a loan as a loss, it reduces an account called the''_____________''

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Question No: 9

MultipleChoice

Hospitals document reserves as that portion of the accounts receivables that they hope to collect but have some doubt about its collectability. Rather than book these amounts as income, hospitals will ''____________'' These amounts until paid.

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Question No: 10

MultipleChoice

''A negotiated offering in which a new issue of municipal securities is sold on an agency basis by a placement agent directly to institutional or private investors rather than through an offering to the general investing public'' is referred as:

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