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

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

• Question 281:

  An organization engages in questionable financial reporting practices due to pressure to meet unrealistic performance targets. Which internal control component is most negatively affected?

  A. Monitoring.
  B. Control activities.
  C. Risk assessment.
  D. Control environment.
  D. Control environment.

• Question 282:

  An organization is considering mirroring the customer data for one regional center at another center. A disadvantage of such an arrangement would be:

  A. Lack of awareness of the state of processing.
  B. Increased cost and complexity of network traffic.
  C. Interference of the mirrored data with the original source data.
  D. Confusion about where customer data are stored.
  B. Increased cost and complexity of network traffic.

• Question 283:

  According to HA guidance or IT which of the following spreadsheets is most likely to be considered a high-risk user-develop application?

  A. A revenue calculation spreadsheet supported with price and volume reports from the production department
  B. An asset retirement calculation spreadsheet comprised of multiple formulas and assumptions
  C. An ad-hoc inventory listing spreadsheet comprising details of written-off inventory quantitates
  D. An accounts receivable reconciliation spreadsheet used by the accounting manager to verify balances.
  B. An asset retirement calculation spreadsheet comprised of multiple formulas and assumptions

• Question 284:

  Which of the following statements regarding program change management is not correct?

  A. The goal of the change management process is to sustain and improve organizational operations.
  B. The degree of risk associated with a proposed change determines if the change request requires authorization.
  C. In order to protect the production environment, changes must be managed in a repeatable, defined, and predictable manner.
  D. All changes should be tested in a non-production environment before migrating to the production environment.
  B. The degree of risk associated with a proposed change determines if the change request requires authorization.

• Question 285:

  In which of the following scenarios would transfer pricing be used?

  A. Company A owns Company B; Company B sells goods to Company A.
  B. Company A does not own Company B. Company A charges Company B a fee to sell Company B's goods without taking ownership of the goods.
  C. Company A owns both Company B and Company C; all three companies sell goods to the public.
  D. Company A moves goods internally from one location to another.
  A. Company A owns Company B; Company B sells goods to Company A.

• Question 286:

  Which of the following is a key responsibility of a database administrator?

  A. Troubleshoot end user problems
  B. Provide production support.
  C. Provide physical security of databases
  D. Maintain database integrity
  D. Maintain database integrity

• Question 287:

  In an organization where enterprise risk management practices are mature, which of the following is a core internal audit role?

  A. Giving assurance that risks are evaluated correctly.
  B. Developing the risk management strategy for the board's approval.
  C. Facilitating the identification and evaluation of risks.
  D. Coaching management in responding to risk.
  A. Giving assurance that risks are evaluated correctly.

• Question 288:

  An organization is projecting sales of 100,000 units, at a unit price of $12. Unit variable costs are $7. If fixed costs are $350,000, what is the projected total contribution margin?

  A. $350,000
  B. $500,000
  C. $850,000
  D. $1,200,000
  B. $500,000

• Question 289:

  Which of me following responsibilities would ordinary fall under the help desk function of an organization?

  A. Maintenance service items such as production support
  B. Management of infrastructure services including network management
  C. Physical hosting of mainframes and distributed servers
  D. End-to-end security architecture design
  C. Physical hosting of mainframes and distributed servers

• Question 290:

  An organization is considering the outsourcing of its business processes related to payroll and information technology functions. Which of the following is the most significant area of concern for management regarding this proposed agreement?

  A. Ensuring that payments to the vendor are appropriate and timely for the services delivered.
  B. Ensuring that the vendor has complete management control of the outsourced process.
  C. Ensuring that there are means of monitoring the efficiency of the outsourced process.
  D. Ensuring that there are means of monitoring the effectiveness of the outsourced process.
  D. Ensuring that there are means of monitoring the effectiveness of the outsourced process.