IIA Certified Financial Services Auditor CFSA Exam Practice Test

Page: 1 / 14
Total 511 questions
Question 1

Occasionally, a company will issue additional shares of its stocks, called ____________, to raise additional capital.



Answer : A


Question 2

Adequate procedures and controls associated with swap transactions should exist to help minimize the risks inherent in transaction process. Example/s of these controls may include:



Answer : D


Question 3

The main objective/s of an audit of swaps is/are:



Answer : D


Question 4

Standard and poor's 500 index, the Dow Jones Industrial average, or the Toronto stock Exchange index is the examples of:



Answer : A


Question 5

____________ swaps give companies extra flexibility to exploit their comparative advantage in their respective borrowing markets.



Answer : B


Question 6

General Market indices in the commodities market with which many people would be familiar include:



Answer : D


Question 7

Which of the following statements about the over-the-counter market is false?



Answer : B


Page:    1 / 14   
Total 511 questions