IIA-CIA-PART3 Exam Questions

When examining; an organization's strategic plan, an internal auditor should expect to find which of the following components?

Which of the following intangible assets is considered to have an indefinite life?

The chief audit executive (CAE) has embraced a total quality management approach to improving the internal audit activity's (lAArs) processes. He would like to reduce the time to c...

A clothing company sells shirts for $8 per shirt. In order to break even, the company must sell 25.000 shirts. Actual sales total S300.000. What is margin of safety sales for the c...

Which of the following items best describes the strategy of outsourcing?

Which of the following is most appropriately placed in the financing section of an organization's cash budget?

An organization produces products X and Y. The materials used for the production of both products are limited to 500 Kilograms (kg ) per month. All other resources are unlimited an...

The manager of the sales department wants to Increase the organization's net profit margin by 7% (from 43% in the prior year to 50% in the current year). Given the information prov...

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...

Which of the following capital budgeting techniques considers the expected total net cash flows from investment?

Management is pondering the following question: "How does our organization compete?" This question pertains to which of the following levels of strategy?

In reviewing an organization's IT infrastructure risks, which of the following controls is to be tested as pan of reviewing workstations?

During which of the following phases of contracting does the organization analyze whether the market is aligned with organizational objectives?

An organization suffered significant damage to its local: file and application servers as a result of a hurricane. Fortunately, the organization was able to recover all information...

Which of the following IT disaster recovery plans includes a remote site designated for recovery with available space for basic services, such as internet and telecommunications, b...

An internal auditor for a pharmaceutical company as planning a cybersecurity audit and conducting a risk assessment. Which of the following would be considered the most significant...

An internal audit activity is piloting a data analytics model, which aims to identify anomalies in payments to vendors and potential fraud indicators. Which of the following would...

The board of directors wants to implement an incentive program for senior management that is specifically tied to the long-term health of the organization. Which of the following m...

Which component of an organization's cybersecurity risk assessment framework would allow management to implement user controls based on a user's role?

Which of the following best describes the type of control provided by a firewall?

What is the primary purpose of data and systems backup?

Which of the following can be classified as debt investments?

How can the concept of relevant cost help management with behavioral analyses?

An organization upgraded to a new accounting software. Which of the following activities should be performed by the IT software vendor immediately following the upgrade?

At what stage of project integration management would a project manager and project management team typically coordinate the various technical and organizational interfaces that ex...

Which of the following is a limitation of the remote wipe for a smart device?

Which of the following is an example of internal auditors applying data mining techniques for exploratory purposes?

Which of the following performance measures disincentives engaging in earnings management?

While conducting' audit procedures at the organization's data center an internal auditor noticed the following: - Backup media was located on data center shelves. - Backup media wa...

Following an evaluation of an organization's IT controls, an internal auditor suggested improving the process where results are compared against the input. Which of the following I...

Which of the following best describes a potential benefit of using data analyses?

A third party who provides payroll services to the organization was asked to create audit or "read- only 1 functionalities in their systems. Which of the following statements is tr...

Which of the following cost of capital methods identifies the time period required to recover She cost of the capital investment from the annual inflow produced?

Which of the following is an example of a physical control designed to prevent security breaches?

A bond that matures after one year has a face value of S250,000 and a coupon of $30,000. if the market price of the bond is 5265,000, which of the following would be the market int...

Which of the following is required in effective IT change management?

Which of the following statements is true regarding an investee that received a dividend distribution from an entity and is presumed to have little influence over the entity?

An internal auditor reviewed Finance Department records to obtain a list of current vendor addresses. The auditor then compared the vendor addresses to a record of employee address...

Which of the following is true of bond financing, compared to common stock, when alJ other variables are equal?

Which of the following characteristics applies to an organization that adopts a flat structure?

Which of the following security controls would be me most effective in preventing security breaches?

Which of the following application controls, implemented by management, monitors data being processed to ensure the data remains consistent and accurate?

According to IIA guidance on IT, which of the following best describes a logical access control?

Which of the following performance measures includes both profits and investment base?

At an organization that uses a periodic inventory system, the accountant accidentally understated the organization s beginning inventory. How would the accountant's accident impact...

With increased cybersecurity threats, which of the following should management consider to ensure that there is strong security governance in place?

Management has established a performance measurement focused on the accuracy of disbursements. The disbursement statistics, provided daily to ail accounts payable and audit staff,...

In accounting, which of the following statements is true regarding the terms debit and credit?

A manager at a publishing company received an email that appeared to be from one of her vendors with an attachment that contained malware embedded in an Excel spreadsheet . When th...

Which of the following statements is true regarding change management?