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

IIA IIA-CIA-PART3 Online Questions & Answers

• Question 621:

  The dominant firm in a market pursues a market-leader strategy. This strategy may involve:

  A. Holding the market stable to avoid attracting new competitors.
  B. A flank defense to strengthen the firm's brand.
  C. Sending market signals as a mobile defense.
  D. Innovations as an offensive strategy.
  D. Innovations as an offensive strategy.

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  Explanation

  Constant innovation to improve products and services, control costs, and increase distribution effectiveness is the basis for a good offensive strategy. The leader must continuously improve the value offered to customers.

• Question 622:

  A remote location contains a data center with hardware available to support critical production systems as required in the recovery plan IT personnel periodically test and update systems at the data center. This is an example of which of the following recovery solutions?

  A. Cold recovery plan
  B. Critical recovery plan
  C. Warm recovery plan
  D. Tested recovery plan
  C. Warm recovery plan

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  Explanation

• Question 623:

  Internal auditors used a video recorder to document interviews with control executors. Which form of big data would the verbal answers represent?

  A. Structured data.
  B. Semi-structured data.
  C. Unstructured data.
  D. Quasi-structured data.
  C. Unstructured data.

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  Explanation

• Question 624:

  Which of the following responsibilities would ordinarily 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.

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  Explanation

• Question 625:

  Vertical integration is the acquisition of:

  A. A supplier or a distributor.
  B. A supplier but not a distributor.
  C. A distributor but not a supplier.
  D. A competitor.
  A. A supplier or a distributor.

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  Explanation

  Vertical integration combines within a firm production, distribution, selling, or other separate economic processes needed to deliver a product or service to a customer. All such processes could in principle be performed through market transactions with outside firms. However, vertical integration uses internal or administrative transactions for these purposes in the expectation they will increase efficiency or decrease costs and risks.

• Question 626:

  Faced with 3 years of steadily decreasing profits despite increased sales and a growing economy, which of the following is the healthiest course of action for a chief executive officer to take?

  A. Set a turnaround goal of significantly increasing profits within 2 months.
  B. Reduce staff by 10% in every unit.
  C. Reduce staff in the nonvalue-adding functions by 20%.
  D. Encourage innovation at all levels and use an early retirement program to reduce staff size.
  D. Encourage innovation at all levels and use an early retirement program to reduce staff size.

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  Explanation

  Organizational decline loss of effectiveness and efficiency coupled with inflexibility) may lead to downsizing, merger, reorganization, or liquidation. It results from decreased demand, resource limitations, or mismanagement. One characteristic of a declining organization is lack of innovation. Moreover, the most important cause of organizational decline is management complacency. In turn, a characteristic of management complacency is lack of innovation. Consequently, the CEO should encourage innovation at all levels. Also, downsizing has many negative effects. The enlightened view is that employees are not readily disposable commodities, but rather valuable resources who should be terminated only as a last resort. This view seeks alternatives to involuntary termination. One such alternative is a voluntary retirement program that offers accelerated retirement benefits, severance allowances, or other compensation.

• Question 627:

  Which of the following represents an example of a physical security control?

  A. Access rights are allocated according to the organization's policy
  B. There is confirmation that data output is accurate and complete
  C. Servers are located in locked rooms to which access is restricted
  D. A record is maintained to track the process from data input to storage
  C. Servers are located in locked rooms to which access is restricted

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  Explanation

  IIA Business Knowledge for Internal Auditing, Physical Security Controls section.

• Question 628:

  Which of the following physical security controls would most likely be used as a corrective control?

  A. Monitored closed circuit televisions.
  B. Doors that lock automatically.
  C. Biometric locks.
  D. Identification badges.
  C. Biometric locks.

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  Explanation

• Question 629:

  Which of the following is a key component of an organization's cybersecurity governance?

  A. Administrators monitoring the use, assignment and configuration of privileges on the network.
  B. The IT department establishing implementing, and actively managing security configurations.
  C. Management identifying and classifying the types of critical data in the organization's system
  D. Senior management of the organization setting the cybersecurity policy
  D. Senior management of the organization setting the cybersecurity policy

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  Explanation

• Question 630:

  The budgeted cost of work performed is a metric best used to measure which project management activity?

  A. Resource planning.
  B. Cost estimating.
  C. Cost budgeting.
  D. Cost control.
  D. Cost control.

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  Explanation