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

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

• Question 231:

  Under a value-added taxing system:

  A. Businesses must pay a tax only if they make a profit.
  B. The consumer ultimately bears the cost of the tax through higher prices.
  C. Consumer savings are discouraged.
  D. The amount of value added is the difference between an organization's sales and its cost of goods sold.
  B. The consumer ultimately bears the cost of the tax through higher prices.

• Question 232:

  Which of the following application software features is the least effective control to protect passwords?

  A. Suspension of user IDs after a user's repeated attempts to sign on with an invalid password.
  B. Encryption of passwords prior to their transmission or storage.
  C. Forced change of passwords after a designated number of days.
  D. Automatic logoff of inactive users after a specified time period of inactivity.
  C. Forced change of passwords after a designated number of days.

• Question 233:

  When using data analytics during a review of the procurement process, what is the first step in the analysis process?

  A. Identify data anomalies and outliers
  B. Define questions to be answered
  C. Identify data sources available
  D. Determine the scope of the data extract.
  C. Identify data sources available

• Question 234:

  An organization has a total asset turnover of 3.0 times and a total debt-to-total assets ratio of 80 percent. If the organization has total debt of $1 000 000 what is the organization's sales level?

  A. $266.667
  B. $416,667
  C. $3.750.000
  D. $5 000.000
  C. $3.750.000

• Question 235:

  Which of the following actions would senior management need to consider as pan of new IT guidelines regarding the organization's cybersecurity policies?

  A. Assigning new roles and responsibilities for senior IT management.
  B. Growing use of bring your own devices tor organizational matters
  C. Expansion of operations into new markets with united IT access
  D. Hiring new personnel within the IT department tor security purposes
  D. Hiring new personnel within the IT department tor security purposes

• Question 236:

  A department purchased one copy of a software program for internal use. The manager of the department installed the program on an office computer and then made two complete copies of the original software.

  1.

  Copy 1 was solely for backup purposes.

  2.

  Copy 2 was for use by another member of the department.

  In terms of software licenses and copyright law, which of the following is correct?

  A. Both copies are legal.
  B. Only copy 1 is legal.
  C. Only copy 2 is legal.
  D. Neither copy is legal.
  B. Only copy 1 is legal.

• Question 237:

  Which of the following best describes a market signal?

  A. The bargaining power of buyers is forcing a drop in market prices.
  B. There is pressure from the competitor's substitute products.
  C. Strategic analysis by the organization indicates feasibility of expanding to new market niches.
  D. The competitor announces a new warranty program.
  D. The competitor announces a new warranty program.

• Question 238:

  Which of the following types of analytics would be used by an organization to examine metrics by business units and identity the most profitable business units?

  A. Detailed analytics
  B. Predictive analytics
  C. Diagnostic analytics
  D. Prescriptive analytics
  D. Prescriptive analytics

• Question 239:

  Which of the following statements is in accordance with COBIT?

  1) Pervasive controls are general while detailed controls are specific. 2) Application controls are a subset of pervasive controls. 3) Implementation of software is a type of pervasive control. 4) Disaster recovery planning is a type of detailed control.

  A. 1 and 4 only
  B. 2 and 3 only
  C. 2, 3, and 4 only
  D. 1, 2, and 4 only
  A. 1 and 4 only

• Question 240:

  Management has established a performance measurement focused on the accuracy of disbursements The disbursement statistics, provided daily to all accounts payable and audit staff, include details of payments stratified by amount and frequency Which of the following is likely to be the greatest concern regarding this performance measurement?

  A. Articulation of the data.
  B. Availability of the data
  C. Measurability of the data
  D. Relevance of the data
  D. Relevance of the data