IIA CIA Exam Part Three: Business Knowledge for Internal Auditing - IIA-CIA-Part3-3P Free Exam Questions

A. Enter into a slow-growing market.

B. Offer a standard product that is targeted in the recognized market.

C. Invest in commodity or commodity-like product businesses.

D. Use an established distribution relationship.

A. Greater accuracy of the testing phase.

B. Enhanced ongoing maintenance of the system.

C. Reduced need for unexpected software changes.

D. Improved integrity of programs and processing.

A. Install and test fire detection and suppression equipment.

B. Restrict access to tangible IT resources.

C. Develop and test the organization's disaster recovery plan.

D. Ensure that at least one developer has access to both systems and operations.

A. Validation of the achievement of their goals and objectives.

B. Increased knowledge through the performance of additional tasks.

C. Support for personal growth and a meaningful work experience.

D. An increased opportunity to manage better the work done by their subordinates.

A. The organization is losing $1,000,000 annually because it incorrectly outsourced an operation based on information from its current system.

B. The cost of rework, hidden by the current system, is 50 percent of the total cost of all services.

C. The distorted unit cost of a service is 50 percent lower than the true cost, while the true cost is 50 percent higher than the competition's cost.

D. 50 percent of total organizational cost has been allocated on a volume basis.

A. When an organization is subjected to strong political and social pressures

B. When a manufacturing organization has stable demand for its products.

C. When an organization is infrequently affected by technological advances

D. When a manufacturer has reliable resources and suppliers

A. The business case for business continuity planning

B. The business continuity management charter.

C. The business continuity risk assessment plan

D. The business impact analysis plan

A. The auditor should focus on the audit client as a person and understand him, rather than just concentrating on the problem.

B. The auditor should explore alternative solutions to address the audit problem, so the audit client has options.

C. The auditor should take a flexible position on the recommendations and focus on resolving the issue by addressing the interests of the people concerned.

D. The auditor should make recommendations based on objective criteria, rather than based on a subjective assessment.

A. Facilitates communication between primary functions.

B. Helps to focus on the achievement of organizational goals.

C. Accommodates geographically dispersed companies

D. Provides for efficient use of specialized knowledge .

A. Digital analysis for statistically unlikely occurrences that may indicate system tampering.

B. Verification of the completeness and integrity of the obtained data.

C. Detailed review of the data contents to strategize the best analytical techniques.

D. Calculation of statistical parameters to identify outliers requiring further scrutiny.

A. Ensure the accuracy, reliability, and timeliness of information.

B. Encourage compliance with policies and procedures.

C. Safeguard the resources of the organization.

D. Provide reasonable assurance on the achievement of objectives.

A. An intranet

B. A local area network.

C. The internet

D. An extranet

A. UDAs and traditional IT applications typically follow a similar development life cycle.

B. Unlike traditional IT applications, UDAs typically are developed with little consideration of controls.

C. IT testing personnel usually review both types of applications thoroughly to ensure they were developed properly.

D. A UDA usually includes system documentation to illustrate its functions, and IT-developed applications typically do not require such documentation.

A. Decentralized organizations are more focused on organizational goals.

B. Decentralized organizations tend to be more responsive to market changes.

C. Decentralized organizations tend to be less expensive to operate.

D. Decentralized organizations streamline organizational structure.