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Exam Code: IIA-CHAL-SPECLNG

Exam Name: CIA Specialty Challenge Exam - Translations

Certification Provider: IIA

Related Certification: CIA Specialty Challenge Exam - Translations

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NEW QUESTION: 1
You have a small project for a period of five months. Your budget amount for each month is spread evenly and is $1000 per month. The first month actual expense is $800 and there is a commitment for $600. Now you generate a forecast at the beginning of the second month. Identify the monthly Estimate-To-Complete (ETC) amount that the application would calculate for the remaining four periods, when the ETC generation method includes commitments. (Choose the best answer.)
A. 0
B. 1
C. 2
D. 3
Answer: C
Explanation:
Explanation
Budget 5,000Actuals 800Commitment 600
ETC = Budget - Actuals - Commitment
ETC = 5,000-800-600 = 3,600 Budget available for next 4 months = 3,600/4 = 900/month

NEW QUESTION: 2
When the state of the alarm rule has not changed, the system will only send an alarm notification to the user when the state appears for the first time.
A. FALSE
B. TRUE
Answer: B


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