Which of the following statements regarding organizational governance is not correct?
Which of the following steps should an internal auditor take during an audit of an organization's business continuity plans?
1) Evaluate the business continuity plans for adequacy and currency.
2) Prepare a business impact analysis regarding the loss of critical business.
3) Identify key personnel who will be required to implement the plans.
4) Identify and prioritize the resources required to support critical business processes.
An organization is considering mirroring the customer data for one regional center at another center. A disadvantage of such an arrangement would be:
According to IIA guidance, which of the following would be a primary reason for an internal auditor to test the organization's IT contingency plan?
When granting third parties temporary access to an entity's computer systems, which of the following is the most effective control?
The first step in determining product price is:
An organization needs to borrow a large amount of cash to fund its expansion plan. Which of the following annual interest rates is least expensive?
Which of the following is a type of network in which an organization permits specific users (such as existing customers) to have access to its internal network through the Internet by building a virtual private network?
Listening effectiveness is best increased by:
An organization accumulated the following data for the prior fiscal year:
Value of Percentage of
Quarter
Output Produced
Cost X
1
$4,750,000
2.9
2
$4,700,000
3.0
3
$4,350,000
3.2
4
$4,000,000
3.5
Based on this data, which of the following describes the value of Cost X in relation to the value of Output Produced?
