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

IIA IIA-CIA-PART3 Online Questions & Answers

• Question 1131:

  Job enlargement is typified by:

  A. Horizontal loading of the job.
  B. Vertical loading of the job.
  C. Increased worker control of tasks.
  D. More rapid performance feedback.
  A. Horizontal loading of the job.

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  Explanation

  Job enlargement is a quantitative horizontal) extension of the job. It does not necessarily involve any greater worker control, responsibility, or challenge. An example is job rotation through assignment to duties requiring similar skills.

• Question 1132:

  Which of the following data security policies is most likely to be the result of a data privacy law?

  A. Access to personally identifiable information is limited to those who need it to perform their job.
  B. Confidential data must be backed up and recoverable within a 24-hour period.
  C. Updates to systems containing sensitive data must be approved before being moved to production.
  D. A record of employees with access to insider information must be maintained, and those employees may not trade company stock during blackout periods.
  A. Access to personally identifiable information is limited to those who need it to perform their job.

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  Explanation

• Question 1133:

  Which stage of group development is characterized by a decrease in conflict and hostility among group members and an increase in cohesiveness?

  A. Forming stage.
  B. Norming stage.
  C. Performing stage.
  D. Storming stage.
  B. Norming stage.

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  Explanation

• Question 1134:

  Which observations should the chief audit executive include in the executive summary of the final engagement communication?

  A. All observations
  B. Only observations with an action plan
  C. Only significant observations
  D. Only observations agreed with management
  C. Only significant observations

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  Explanation

  The executive summary of the final audit report is intended for senior management and the board, who require a high-level overview of critical matters. Therefore, it should focus on significant observations that represent key risks, issues, or

  deficiencies.

  Option A (all observations) makes the summary cluttered. Option B is incomplete since some significant issues may not yet have action plans. Option D would suppress important issues that management disagreed with.

  IIA Standards - Standard 2410: Criteria for Communicating.

• Question 1135:

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

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  Explanation

• Question 1136:

  A new chief audit executive (CAE) reviews long overdue audit recommendations, which have been repeatedly reported to senior management but have not been implemented, and is unsure which issues should be escalated to the board. Which of the following would serve as the best guide in this scenario?

  A. The CAE's personal judgment
  B. The organization's code of conduct
  C. The organization's risk acceptance policy
  D. The organization's internal audit charter
  C. The organization's risk acceptance policy

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  Explanation

  The CAE should use the organization's risk acceptance policy to determine when unimplemented audit recommendations represent risks that exceed acceptable tolerance. This ensures consistency with governance frameworks and prevents

  reliance solely on personal judgment.

  Option A lacks formal criteria and would not ensure consistency. The code of conduct (Option B) addresses ethical behavior, not risk acceptance. The audit charter (Option D) defines internal audit's authority and responsibility but does not

  guide which issues must be escalated.

  IIA Standards - Standard 2600: Communicating the Acceptance of Risks.

• Question 1137:

  Refer to the exhibit.

  

  The figure below shows the network diagram for the activities of a large project. What is the shortest number of days in which the project can be completed?

  A. 21 days.
  B. 22 days.
  C. 27 days.
  D. 51 days.
  C. 27 days.

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  Explanation

• Question 1138:

  Two internal auditors have been assigned projects of equal priority and the same due date. Unfortunately, support services are limited. The auditors have been directed to negotiate between themselves for the available services. This type of negotiation is called:

  A. Distributive.
  B. Integrative.
  C. Attitudinal structuring.
  D. Intraorganizational.
  A. Distributive.

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  Explanation

  Distributive bargaining occurs in zero-sum conditions; that is, what one side gains, the other loses. The parties are in fundamental opposition to each other, and their relationship tends to be short-term.

• Question 1139:

  Which of the following characteristics do both informal and formal groups share?

  A. Both groups are structured similarly.
  B. Commitment to both groups depends on the group's attractiveness and cohesiveness.
  C. Membership in both groups is usually the same.
  D. Both groups exist within the community to perform a productive activity.
  B. Commitment to both groups depends on the group's attractiveness and cohesiveness.

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  Explanation

  The commitment to a group depends on the group's attractiveness and cohesiveness. Employees are more likely to join a group that has a favorable view from the outside and whose group members adhere to the group and resist outside pressure.

• Question 1140:

  During the growthstage of a product's life cycle:

  A. The quality of products is poor.
  B. New product models and features are introduced.
  C. There is little difference between competing products.
  D. The quality of the products becomes more variable and products are less differentiated.
  B. New product models and features are introduced.

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  Explanation

  In the growth stage, sales and profits increase rapidly, cost per customer decreases, customers are early adopters, new competitors enter an expanding market, new product models and features are introduced, and promotion spending declines or remains stable. The firm enters new market segments and distribution channels and attempts to build brand loyalty and achieve the maximum share of the market. Thus, prices are set to penetrate the market, distribution channels are extended, and the mass market is targeted through advertising. The strategy is to advance by these means and by achieving economies of productive scale.