IIA IIA-CIA-PART3-3P Online Practice Questions and Exam Preparation

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

• Question 191:

  An organization has a complex systems infrastructure consisting of multiple internally developed, off the shelf, and purchased but significantly customized applications. Some of these applications share databases or process data that is used by another stand-alone application, and interfaces have been written to move data between these applications as needed through batch processing Which of the following situations presents the greatest risk exposure given this environment?

  A. Documentation of each system and its interactions, interfaces, and dependencies with other systems and databases is not gathered and maintained.
  B. Batch processing jobs include key financial data that is not posted to the accounting system until the next day. preventing real-time queries.
  C. The job scheduling tool frequently malfunctions, causing scheduled jobs not to run. An error message is sent to IT personnel when a job fails.
  D. The implementation of a major update for a key application is delayed until any potential interdependencies are identified and analyzed.
  A. Documentation of each system and its interactions, interfaces, and dependencies with other systems and databases is not gathered and maintained.

• Question 192:

  Which of the following cybersecurity-related activities is most likely to be performed by the second line of defense?

  A. Deploy intrusion detection systems and conduct penetration testing
  B. Administer security procedures, training, and testing.
  C. Monitor incidents, key risk indicators, and remediation
  D. implement vulnerability management with internal and external scans.
  B. Administer security procedures, training, and testing.

• Question 193:

  Maintenance cost at a hospital was observed to increase as activity level increased. The following data was gathered:

  Activity Level Maintenance Cost Month Patient Days January 5,600 $7,900 February 7,100 $8,500 March 5,000 $7,400 April 6,500 $8,200 May 7,300 $9,100 June 8,000 $9,800

  If the cost of maintenance is expressed in an equation, what is the independent variable for this data?

  A. Fixed cost.
  B. Variable cost.
  C. Total maintenance cost.
  D. Patient days.
  D. Patient days.

• Question 194:

  How do data analysis technologies affect internal audit testing?

  A. They improve the effectiveness of spot check testing techniques
  B. They allow greater insight into high risk areas.
  C. They reduce the overall scope of the audit engagement.
  D. They increase the internal auditor's objectivity
  B. They allow greater insight into high risk areas.

• Question 195:

  in which of the following technical infrastructure audits should attention be turned to physical security and environmental controls?

  A. Database review
  B. Data center review
  C. Network configuration review
  D. Operating systems review
  B. Data center review

• Question 196:

  An internal audit manager is explaining to a newly hired staff auditor the various analytics techniques frequently used by the internal audit activity Which of the following statements is true regarding these analytics techniques?

  A. Process mining is a type of data analysts where the data subject is a process
  B. Process analysis is a type of data mining where the data subject is a designated area of a process
  C. Data mining is a type of data analysis that focuses on finding statistical relationships in order to create profiles
  D. Data mining involves examining small amounts of structured data in a systematic manner
  C. Data mining is a type of data analysis that focuses on finding statistical relationships in order to create profiles

• Question 197:

  Organization X owns a 38 percent equity stake in Organization Y. Which of the following statements is true regarding the financial treatment for this relationship?

  A. Y should be listed as an investment asset on X's balance sheet
  B. X must consolidate the financial statements for both organizations
  C. Y should be reported as a footnote to X's financial statements
  D. Y should not be reported by X as X does not have a controlling interest
  A. Y should be listed as an investment asset on X's balance sheet

• Question 198:

  All of the following are true with regard to the first-in, first-out inventory valuation method except:

  A. It values inventory close to current replacement cost.
  B. It generates the highest profit when prices are rising.
  C. It approximates the physical flow of goods.
  D. It minimizes current-period income taxes.
  D. It minimizes current-period income taxes.

• Question 199:

  Which of the following statements is true regarding cybersecurity risk?

  A. Cybersecurity risks are identical across all organizations regardless of industry
  B. Installation of antivirus and malware software prevents cybersecurity risks
  C. Deployment of proper cybersecurity measures assures business success
  D. Information value extends the emergence of cybersecurity risks
  C. Deployment of proper cybersecurity measures assures business success

• Question 200:

  Organizations mat adopt just-in-time purchasing systems often experience which of the following?

  A. A slight increase in carrying costs.
  B. A greater need for inspection of goods as the goods arrive.
  C. A greater need for linkage with a vendor s computerized order entry system.
  D. An increase in the number of suitable suppliers
  C. A greater need for linkage with a vendor s computerized order entry system.