Free IIA-CIA-Part3-3P Questions for IIA IIA-CIA-Part3-3P Exam

Question #1

Which audit approach should be employed to test the accuracy of information housed in a database on an un-networked computer?

A. Evaluate compliance with the organization's change management process.

B. Select a sample of records from the database and ensure it matches supporting documentation.

C. Use a test program to simulate the normal data entering process.

D. Submit batches of test transactions through the current system and verify with expected results.

Discussion 0

Correct Answer: B Vote an answer

Question #2

Which of the following types of budgets will best provide the basis for evaluating the organization's performance?

A. Budgeted income statement.

B. Budgeted balance sheet.

C. Cash budget.

D. Selling and administrative expense budget.

Discussion 0

Correct Answer: B Vote an answer

Question #3

Which of the following are likely indicators of ineffective change management?
1) IT management is unable to predict how a change will impact interdependent systems or business processes.
2) There have been significant increases in trouble calls or in support hours logged by programmers.
3) There is a lack of turnover in the systems support and business analyst development groups.
4) Emergency changes that bypass the normal control process frequently are deemed necessary.

A. 1 and 3 only

B. 1, 2, 3, and 4

C. 1, 2, and 4 only

D. 2 and 4 only

Discussion 0

Correct Answer: C Vote an answer

Question #4

An organization has a complex systems infrastructure consisting of multiple internally developed, off the shelf, and purchased but significantly customized applications. Some of these applications share databases or process data that is used by another stand-alone application, and interfaces have been written to move data between these applications as needed through batch processing Which of the following situations presents the greatest risk exposure given this environment?

A. Batch processing jobs include key financial data that is not posted to the accounting system until the next day. preventing real-time queries.

B. The implementation of a major update for a key application is delayed until any potential

C. The job scheduling tool frequently malfunctions, causing scheduled jobs not to run. An error message is sent to IT personnel when a job fails.

D. Documentation of each system and its interactions, interfaces, and dependencies with other systems and databases is not gathered and maintained.

Discussion 0

Correct Answer: B Vote an answer

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Question #5

Which of the following statements is true regarding user-developed applications (UDAs)?

A. Using UDAs typically enhances the organization's ability to comply with regulatory factors.

B. UDAs typically are subjected to application development and change management controls.

C. Updating UDAs may lead to various errors resulting from changes or corrections.

D. UDAs are less flexible and more difficult to configure than traditional IT applications.

Discussion 0

Correct Answer: C Vote an answer

Question #6

Which of the following is a characteristic of an emerging industry?

A. Technical expertise.

B. Low number of new firms.

C. Established strategy of players.

D. High unit costs.

Discussion 0

Correct Answer: D Vote an answer

Question #7

According to the ISO 14001 standard, which of the following is not included in the requirements for a quality management system?

A. Key processes across the entity which impact quality must be identified and included.

B. Management must review the quality policy, analyze data about quality management system performance, and assess opportunities for improvement and the need for change.

C. The quality management system must be documented in the articles of incorporation, quality manual, procedures, work instructions, and records.

D. The entity must have processes for inspections, testing, measurement, analysis, and improvement.

Discussion 0

Correct Answer: C Vote an answer

Question #8

A multinational organization involved in online business has planned to set up a help desk service. Which of the following best describes the role performed by the help desk?

A. Responding to customer inquiries.

B. Monitoring access to the online database.

C. Maintaining and assuring network security.

D. Backing up and maintaining archived data.

Discussion 0

Correct Answer: A Vote an answer

Question #9

Unsecured loans are loans:

A. Granted on the basis of a company's credit standing.

B. Backed by mortgaged assets.

C. That appear to be too risky for most lenders to consider.

D. That do not have to be repaid for over one year.

Discussion 0

Correct Answer: A Vote an answer

Question #10

In an organization's established accounts payable department employees perform highly structured activities follow clearly defined procedures and have strict deadlines for performing their tasks The head of the department recently retired, and a new department head was hired To achieve the greatest benefit for this department and avoid redundancy the new leader should adopt which of the following leadership styles?

A. Achievement-oriented style

B. Task-oriented style

C. People-oriented style

D. Goal-oriented style

Discussion 0

Correct Answer: D Vote an answer

Question #11

Which of the following statements is true regarding an organization's inventory valuation1?

A. The valuation will be correct if the inventory includes goods received on consignment from another organization

B. The valuation will be incorrect it the inventory includes goods in transit shipped FOB shipping point from another organization

C. The valuation will be correct it the inventory includes goods sent on consignment to another

D. The valuation will be incorrect it the inventory includes goods m transit shipped free on board (FOB) destination to another organization

Discussion 0

Correct Answer: A Vote an answer

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Question #12

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

A. 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

C. A revenue calculation spreadsheet supported with price and volume reports from the production department

D. An ad-hoc inventory listing spreadsheet comprising details of written-off inventory quantitates

Discussion 0

Correct Answer: B Vote an answer

Question #13

Which of the following is an example of a smart device security control intended to prevent unauthorized users from gaining access to a device's data or applications?

A. Spyware.

B. Authentication.

C. Rooting.

D. Anti-malware software.

Discussion 0

Correct Answer: B Vote an answer

Question #14

A chief audit executive wants to implement an enterprisewide resource planning software.
Which of the following internal audit assessments could provide overall assurance on the likelihood of the software implementation's success?

A. Key phase review.

B. Post-implementation review.

C. Project risk assessment.

D. Readiness assessment.

Discussion 0

Correct Answer: C Vote an answer

Free IIA-CIA-Part3-3P Questions for IIA CIA Exam Part Three: Business Knowledge for Internal Auditing IIA-CIA-Part3-3P Exam as PDF & Practice Test Engine

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