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

IIA IIA-CIA-PART3 Online Questions & Answers

• Question 1201:

  Which of the following would most likely serve as a foundation for individual operational goals?

  A. Individual skills and capabilities
  B. Alignment with organizational strategy
  C. Financial and human resources of the unit
  D. Targets of key performance indicators
  B. Alignment with organizational strategy

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  Explanation

• Question 1202:

  To execute its new strategy of differentiation (based mainly on innovation, exibility, and responsiveness) while maintaining control on operations and reducing any duplication of resources, an organization has introduced many changes that are relevant to its organizational structure. Which of the following structures would best fit the new strategy?

  A. The functional structure.
  B. The divisional structure.
  C. The team approach.
  D. The virtual network approach.
  B. The divisional structure.

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  Explanation

• Question 1203:

  Which of the following statements is most accurate concerning the management and audit of a web server?

  A. The file transfer protocol (FTP) should always be enabled.
  B. The simple mail transfer protocol (SMTP) should be operating under the most privileged accounts.
  C. The number of ports and protocols allowed to access the web server should be maximized.
  D. Secure protocols for confidential pages should be used instead of clear-text protocols such as HTTP or FTP.
  D. Secure protocols for confidential pages should be used instead of clear-text protocols such as HTTP or FTP.

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  Explanation

• Question 1204:

  Two managers have been arguing about the distribution of money for capital investment projects affecting their respective production units. All of the projects are worthwhile and significantly exceed the organization's required rate of return. The approach that would create a win-win solution for the managers under these circumstances would be to:

  A. Smooth the differences of the two managers by emphasizing their common interests.
  B. Alter the attitudes and behaviors of the managers so that agreement can be reached.
  C. Force the managers to compromise by asking each of them to give up something.
  D. Expand the resources available so that both manager's projects can be funded.
  D. Expand the resources available so that both manager's projects can be funded.

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  Explanation

  Expanding the pool of scarce resources, in this case, the money available for capital projects, permits both managers to achieve his/her objectives without having to give up anything of value. Thus, each side wins.

• Question 1205:

  During a review of the accounts payable process, an internal auditor gathered all of the vendor payment transactions for the past 24 months. The auditor then used an analytics tool to identify the top five vendors that received the highest sum of payments.

  Which of the following analytics techniques did the auditor apply?

  A. Process analysis.
  B. Process mining.
  C. Data analysis.
  D. Data mining.
  A. Process analysis.

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  Explanation

• Question 1206:

  As a manager, you should be striving for a high level of job satisfaction for your staff for all the following reasons except:

  A. A happy, satisfied worker is always a more productive worker.
  B. High job satisfaction usually results in lower turnover.
  C. Dissatisfied employees are often less healthy.
  D. Many people feel job satisfaction is as important as remuneration.
  A. A happy, satisfied worker is always a more productive worker.

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  Explanation

  Studies have shown that worker satisfaction does not necessarily lead to improved productivity. In fact, studies indicate that it is more likely that a productive worker is a happy worker.

• Question 1207:

  A firm buys new computer equipment from bankrupt companies and resells it in foreign markets at prices significantly below those charged by competitors. The firm is

  A. Engaged in dumping.
  B. Engaged in price discrimination.
  C. Operating in a gray market.
  D. Operating in a black market.
  C. Operating in a gray market.

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  Explanation

  In a gray market, products imported from one country to another are sold by persons trying to make a profit from the difference in retail prices between the two countries. In essence, the seller firm in this case was exploiting a price difference between markets.

• Question 1208:

  A runner-up firm in a market may choose a market-challenger strategy. Which general attack strategy adopted by a market challenger is directed at a gap in customer need fulfillment?

  A. Guerilla warfare.
  B. Bypass attack.
  C. Frontal attack.
  D. Flank attack.
  D. Flank attack.

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  Explanation

  A flank attack may be directed at a geographic or segmental weakness of the target (an underserved market) or an unmet need (such as the desire for more healthful fast food). A flank attack succeeds when market segments shift. The result is a gap in need fulfillment that the attacker can convert into a strong position in a profitable segment.

• Question 1209:

  Which of the following is a potential disadvantage to listening by a manager?

  A. Demonstrates concern for subordinates by the manager.
  B. Concentration may be focused on the words spoken to the exclusion of the ideas.
  C. Gain more information about the workplace.
  D. May result in higher employee morale.
  B. Concentration may be focused on the words spoken to the exclusion of the ideas.

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  Explanation

  If a manager is focused on the words spoken by someone else and not the intended ideas, there is a decoding problem. Effective listening requires understanding the message the communicating party is trying to convey.

• Question 1210:

  Which of the following is false concerning job motivation?

  A. Increased planning and decision making in a job is a positive motivator only if accompanied by a salary increase.
  B. Recognition of achievement motivates performance.
  C. Poor working conditions create dissatisfaction with the job.
  D. Poor interpersonal relations create dissatisfaction with the job.
  A. Increased planning and decision making in a job is a positive motivator only if accompanied by a salary increase.

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  Explanation

  Frederick Herzberg's two-factor theory of human behavior postulates that there are two classes of factors in the job situation. Maintenance of hygiene factors dissatisfiers) are those the presence of which will not especially motivate people but the absence of which will diminish performance. These factors are extrinsic to the work itself. They include supervision, working conditions, interpersonal relations, salary, and status. Motivational factors (satisfiers) are those the absence of which will not diminish performance but the addition or availability of which will motivate employees. Intrinsic to the work itself, these include achievement, recognition, challenging work, advancement, growth in the job, and responsibility. Thus, increased planning and decision making enrich the job and serve toincrease satisfaction and motivation. A pay increase is not necessary to achieve this positive effect, but a perceived inadequacy of compensation would act as a dissatisfier.