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IIA-CIA-Part3-3P CIA Exam Part Three: Business Knowledge for Internal Auditing is now Stable and With Pass Result | Test Your Knowledge for Free

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CIA Exam Part Three: Business Knowledge for Internal Auditing

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Total Questions : 488

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Question # 61

Which of the following is an example of a physical security control that should be in place at an organization's data center?

Options:

A.  

Backup servers in the data center are stored in an environmentally controlled location

B.  

All users have a unique ID and password to access data

C.  

Swipe cards are used to access the data center

D.  

Firewalls and antivirus protection are in place to prevent unauthorized access to data.

Discussion 0
Question # 62

A large hospital has an existing contract with a vendor in another country to provide software support and maintenance of the hospital's patient records information system. From the hospital management's perspective, which of the following controls would be most effective to address privacy risks related to this outsourcing arrangement?

Options:

A.  

Conduct periodic reviews of the privacy policy to ensure that the existing policy meets current

legislation requirements in both regions.

B.  

Include a "right to audit" clause in the contract and impose detailed security obligations on the

outsourced vendor

C.  

Implement mandatory privacy training for management to help with identifying privacy risks when outsourcing services

D.  

Develop an incident monitoring and response plan to track breaches from internal and external sources

Discussion 0
Question # 63

Which of me following responsibilities would ordinary fall under the help desk function of an organization?

Options:

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

Discussion 0
Question # 64

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?

Options:

A.  

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

B.  

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

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.  

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

interdependencies are identified and analyzed.

Discussion 0
Question # 65

Which of the following activities best illustrates a user's authentication control?

Options:

A.  

Identity requests are approved in two steps.

B.  

Logs are checked for misaligned identities and access rights.

C.  

Users have to validate their identity with a smart card.

D.  

Functions can be performed based on access rights.

Discussion 0
Question # 66

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?

Options:

A.  

Anti-malware software.

B.  

Authentication.

C.  

Spyware.

D.  

Rooting.

Discussion 0
Question # 67

The critical path for any project is the path that exhibits which of the following characteristics?

Options:

A.  

Has the longest duration in time.

B.  

Costs the most money.

C.  

Requires the largest amount of labor

D.  

Is deemed most important to the project.

Discussion 0
Question # 68

A clothing company sells shirts for $8 per shirt. In order to break even, the company must sell 25,000 shirts. Actual sales total $300,000.

What is margin of safety sales for the company?

Options:

A.  

$100,000

B.  

$200,000

C.  

$275,000

D.  

$500,000

Discussion 0
Question # 69

Which of the following financial instruments should be recorded at fair market value on the financial statements?

Options:

A.  

Accounts receivable in the short term

B.  

Bonds to be held to maturity.

C.  

Notes receivable in the short term

D.  

Bonds to be held for sale in the short term.

Discussion 0
Question # 70

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 methods of compensation would be best to achieve this goal?

Options:

A.  

Commissions.

B.  

Stock options.

C.  

Gain-sharing bonuses.

D.  

Allowances.

Discussion 0
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