IIA IIA-CIA-Part3 Exam Questions Free Practice Test

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Questions # 21:

An internal auditor is using data analytics to focus on high-risk areas during an engagement. The auditor has obtained data and is working to eliminate redundancies in the data. Which of the following statements is true regarding this scenario?

Options:

The auditor is normalizing data in preparation for analyzing it.

The auditor is analyzing the data in preparation for communicating the results.

The auditor is cleaning the data in preparation for determining which processes may be involved.

The auditor is reviewing the data prior to defining the question.

Expert Solution

Questions # 22:

Which of the following statements is most accurate concerning the management and audit of a web server?

Options:

The file transfer protocol (FTP) should always be enabled

The simple mail transfer protocol (SMTP) should be operating under the most privileged accounts

The number of ports and protocols allowed to access the web server should be maximized

Secure protocols for confidential pages should be used instead of clear-text protocols such as HTTP or FTP

Expert Solution

Questions # 23:

Which of the following statements is true regarding the management-by-objectives (MBO) approach?

Options:

Management by objectives is most helpful in organizations that have rapid changes

Management by objectives is most helpful in mechanistic organizations with rigidly defined tasks

Management by objectives helps organizations to keep employees motivated

Management by objectives helps organizations to distinguish clearly strategic goals from operational goals

Expert Solution

Questions # 24:

Which of the following is an advantage of a decentralized organizational structure, as opposed to a centralized structure?

Options:

Greater cost-effectiveness

Increased economies of scale

Larger talent pool

Strong internal controls

Expert Solution

Questions # 25:

Which of the following statements is true regarding a bring-your-own-device (BYOD) environment?

Options:

There is a greater need for organizations to rely on users to comply with policies and procedures.

With fewer devices owned by the organization, there is reduced need to maintain documented policies and procedures.

Incident response times are less critical in the BYOD environment compared to a traditional environment.

There is greater sharing of operational risk in a BYOD environment.

Expert Solution

Questions # 26:

What is the primary purpose of an integrity control?

Options:

To ensure data processing is complete, accurate, and authorized

To ensure data being processed remains consistent and intact

To monitor the effectiveness of other controls

To ensure the output aligns with the intended result

Expert Solution

Questions # 27:

According to IIA guidance, which of the following statements is true regarding analytical procedures?

Options:

Data relationships are assumed to exist and to continue where no known conflicting conditions exist

Analytical procedures are intended primarily to ensure the accuracy of the information being examined

Data relationships cannot include comparisons between operational and statistical data

Analytical procedures can be used to identify differences, but cannot be used to identify the absence of differences

Expert Solution

Questions # 28:

Which of the following is a primary driver behind the creation and prioritization of new strategic initiatives established by an organization?

Options:

Risk tolerance.

Performance.

Threats and opportunities.

Governance.

Expert Solution

Questions # 29:

Given the information below, which organization is in the weakest position to pay short-term debts?

Organization A: Current assets constitute $1,200,000; Current liabilities are $400,000

Organization B: Current assets constitute $1,000,000; Current liabilities are $1,000,000

Organization C: Current assets constitute $900,000; Current liabilities are $300,000

Organization D: Current assets constitute $1,000,000; Current liabilities are $250,000

Options:

Organization A

Organization B

Organization C

Organization D

Expert Solution

Questions # 30:

Capital budgeting involves choosing among various capital projects to find the one(s) that will maximize a company's return on its financial investment. Which of the following parties approves the capital budget?

Options:

Board of directors.

Senior management.

Chief financial officer.

Accounting personnel.

Expert Solution

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