Pre-Winter Sale Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: 65pass65

Free ACCA CIA Challenge Exam Practice Questions

Exams4sure Dumps

Exam style questions across every IIA-ACCA domain

Last Update 2 days ago
Total Questions : 604

Start with our free IIA-ACCA practice questions, carefully crafted to mirror the domains, phrasing, and difficulty of the real CIA Challenge Exam exam. Each IIA-ACCA exam question comes with a detailed rationale that explains not just which answer is correct but why the others fall short. That's how concepts stick. Use the free set to benchmark yourself: identify your IIA weak domains, see where you're losing marks, and build a focused study plan in minutes.

IIA-ACCA PDF

IIA-ACCA PDF (Printable)
$54.25
$154.99

IIA-ACCA Testing Engine

IIA-ACCA PDF (Printable)
$59.5
$169.99

IIA-ACCA PDF + Testing Engine

IIA-ACCA PDF (Printable)
$74.55
$212.99
Question # 71

An internal auditor discovered that several unauthorized modifications were made to the production version of an organization's accounting application. Which of the following best describes this deficiency?

Options:

A.  

Production controls weakness.

B.  

Application controls weakness.

C.  

Authorization controls weakness.

D.  

Change controls weakness.

Discussion 0
Question # 72

Which of the following describes the free trade zone in an e-commerce environment?

Options:

A.  

Zone that separates an organization's servers from outside forces.

B.  

Area in which messages are scrutinized to determine if they are authorized.

C.  

Area where communication and transactions occur between trusted parties.

D.  

Zone where data is encrypted, users are authenticated, and user traffic is filtered.

Discussion 0
Question # 73

Which of the following is a primary objective of the theory of constraints?

Options:

A.  

Full or near capacity in processes.

B.  

Smooth workflow among processes.

C.  

Few or no defects.

D.  

Lowered inventory levels.

Discussion 0
Question # 74

Which of the following engagement observations would provide the least motivation for management to amend or replace an existing cost accounting system?

Options:

A.  

The distorted unit cost of a service is 50 percent lower than the true cost, while the true cost is 50 percent higher than the competition's cost.

B.  

The organization is losing $1,000,000 annually because it incorrectly outsourced an operation based on information from its current system.

C.  

The cost of rework, hidden by the current system, is 50 percent of the total cost of all services.

D.  

50 percent of total organizational cost has been allocated on a volume basis.

Discussion 0
Question # 75

When an organization is choosing a new external auditor, which of the following is the most appropriate role for the chief audit executive to undertake?

Options:

A.  

Review and acquire the external audit service.

B.  

Assess the appraisal and actuarial services.

C.  

Determine the selection criteria.

D.  

Identify regulatory requirements to be considered.

Discussion 0
Question # 76

Which of the following is always true regarding the use of encryption algorithms based on public key infrastructure (PKI)?

Options:

A.  

PKI uses an independent administrator to manage the public key.

B.  

The public key is authenticated against reliable third-party identification.

C.  

PKI's public accessibility allows it to be used readily for e-commerce.

D.  

The private key uniquely authenticates each party to a transaction.

Discussion 0
Question # 77

Import quotas that limit the quantities of goods that a domestic subsidiary can buy from its foreign parent company represent which type of barrier to the parent company?

Options:

A.  

Political.

B.  

Financial.

C.  

Social.

D.  

Tariff.

Discussion 0
Question # 78

An organization's account for office supplies on hand had a balance of S9,000 at the end of year one. During year two. the organization recorded an expense of $45,000 for purchasing office supplies. At the end of year two. a physical count determined that the organization has $11,500 in office supplies on hand. Based on this information, what would be recorded in the adjusting entry at the end of year two?

Options:

A.  

A debit to office supplies on hand for S2.500

B.  

A debit to office supplies on hand for $11,500

C.  

A debit to office supplies on hand for S20.500

D.  

A debit to office supplies on hand for S42.500

Discussion 0
Question # 79

Which of the following is not a barrier to effective communication?

Options:

A.  

Filtering.

B.  

Communication overload.

C.  

Similar frames of reference.

D.  

Lack of source credibility.

Discussion 0
Question # 80

The most important reason to use risk assessment in audit planning is to:

Options:

A.  

Identify redundant controls.

B.  

Improve budgeting accuracy.

C.  

Enhance assurance provided to management.

D.  

Assist in developing audit programs.

Discussion 0

Free Exams Sample Questions