IIA IIA Certifications IIA-CIA-PART3-3P Questions & Answers

• Question 111:

  Which of the following methods is most closely associated to year over year trends?

  A. Horizontal analysis

  B. Vertical analysis

  C. Common-size analysis

  D. Ratio analysis

  Correct Answer: A

• Question 112:

  An organization with global headquarters in the United States has subsidiaries in eight other nations. If the organization operates with an ethnocentric attitude, which of the following statements is true?

  A. Standards used for evaluation and control are determined at local subsidiaries, not set by headquarters.

  B. Orders, commands and advice are sent to the subsidiaries from headquarters.

  C. People of local nationality are developed for the best positions within their own country

  D. There is a significant amount of collaboration between headquarters and subsidiaries.

  Correct Answer: B

• Question 113:

  Which of me Wowing summarizes information about the cash receipts and cash payments for a specific time period?

  A. Income statement

  B. Statement of cash flows.

  C. Balance sheet

  D. Owner's equity statement

  Correct Answer: B

• Question 114:

  According to Maslow's hierarchy of needs theory, which of the Mowing best describes a strategy where a manager offers an assignment to a subordinate specifically to support his professional growth and future advancement?

  A. Esteem by colleagues

  B. Sell-fulfillment

  C. Sense of belonging in the organization

  D. Job security

  Correct Answer: B

• Question 115:

  Which of me following is applicable to both a job order cost system and a process cost system?

  A. Total manufacturing costs are determined at the end of each period.

  B. Costs are summarized in a production cost repot for each department

  C. Three manufacturing cost elements are tracked direct materials direct labor and manufacturing overhead.

  D. The unit cost can be calculated by dividing the total manufacturing costs for the period by the units produced during the period

  Correct Answer: C

• Question 116:

  Based on lest results an IT auditor concluded that the organization would suffer unacceptable toss of data if there was a disaster at its data center. Which of the following test results would likely lead the auditor to this conclusion?

  A. Requested backup tapes were not returned from the offsite vendor in a timely manner

  B. Returned backup tapes from the offsite vendor contained empty spaces

  C. Critical systems have been Backed up more frequently than required.

  D. Critical system backup tapes are taken off site less frequently than required.

  Correct Answer: D

• Question 117:

  Data encryption is an example of which of the following controls?

  A. Application control.

  B. IT general control

  C. Data input control

  D. Data output control

  Correct Answer: D

• Question 118:

  According to IIA guidance, which of the following is the correct order to conduct a business impact analysis (BIA) for the potential loss of an organization's network services''

  1.

  identify resources and partners to provide required recovery services

  2.

  Identify the business processes supporting the network functionality

  3.

  Obtain approval of the BIA from the operating managers relative to their areas of responsibility

  4.

  Identify the business impact if the network services cannot be performed

  A. 1, 2, 3, 4

  B. 2, 1, 4, 3

  C. 2, 4, 1, 3

  D. 4, 2, 1, 3

  Correct Answer: B

• Question 119:

  An organization uses the management-by-objectives method, whereby employee performance is based on defined goals Which of the following statements is true regarding this approach?

  A. It is particularly helpful to management when the organization is facing rapid change

  B. It is a more successful approach when adopted by mechanistic organizations

  C. It is more successful when goal-setting is performed not only by management, but by an team members, including lower-level staff.

  D. It is particularly successful in environments that are prone to having poor employer- employee relations

  Correct Answer: C

• Question 120:

  Which of the following application controls can be defined as controls that monitor data Being processed and in storage to ensure it remains consistent and correct?

  A. Input controls

  B. Output controls

  C. Integrity controls

  D. Processing controls

  Correct Answer: C