IIA-CIA-Part3 Practice Questions

A.  

Bondholders do not have voting rights but obtain corporate control via interest pay-outs.

B.  

Debenture bonds are rarely used by organizations with good credit ratings.

C.  

Using bonds involves paying interest on a periodic basis and repaying the principal at the due date.

D.  

Debenture bonds have specific assets pledged by the organization as collateral for the bonds.

A.  

It uses the same products in all countries.

B.  

It centralizes control with little decision-making authority given to the local level.

C.  

It is an effective strategy when large differences exist between countries.

D.  

It provides cost advantages, improves coordinated activities, and speeds product development.

A.  

Regulations related to privacy are evolving and complex, and the number of laws is increasing

B.  

Most privacy laws are prescriptive and focused on organizations’ privacy rights

C.  

The concept of data privacy is well established, privacy regulations are mature, and minimal regulatory changes are expected

D.  

Because the concept of privacy is different around the world, data privacy is relatively unregulated

A.  

How would you rate the development and training opportunities you receive at the organization?

B.  

How satisfied are you with your manager ' s attitude and behavior?

C.  

How content are you with the amount of pay you receive for your work?

D.  

How likely are you to recommend the organization as an employer to your friends?

A.  

Merger.

B.  

Strategic fit.

C.  

Joint venture.

D.  

Strategic goal.

A.  

Phishing targets individuals indiscriminately, while spear phishing targets specific individuals.

B.  

Phishing uses emails in attacks, while spear phishing uses other methods.

C.  

Phishing requires unauthorized access to a system, while spear phishing requires successful social engineering attempts.

D.  

Phishing aims to acquire personal information, while spear phishing aims to send unsolicited notifications or advertisements.

A.  

Does not require testing for user acceptance.

B.  

Allows applications to be portable across multiple system platforms.

C.  

Is less expensive since it is self-documenting.

D.  

Better involves users in the design process.

A.  

Underground oil deposits

B.  

Copyright

C.  

Trademark

D.  

Land

A.  

Big data is often structured.

B.  

Big data analytic results often need to be visualized.

C.  

Big data is often generated slowly and is highly variable.

D.  

Big data comes from internal sources kept in data warehouses.

A.  

Managerial accounting uses double-entry accounting and cost data.

B.  

Managerial accounting uses general accepted accounting principles.

C.  

Managerial accounting involves decision making based on quantifiable economic events.

D.  

Managerial accounting involves decision making based on predetermined standards.

A.  

A balanced scorecard.

B.  

A quality audit

C.  

Earned value analysis.

D.  

Trend analysis

A.  

A flat structure creates an internal audit function that is highly knowledgeable and collaborative

B.  

A hierarchical structure requires little supervision, and the work performed is consistent and reliable

C.  

A flat structure allows for growth within the function and leads to the cultivation of diverse skills and fresh perspectives

D.  

A hierarchical structure tends to result in a higher cost base due to higher salaries to retain auditors with high knowledge and experience

A.  

The authentication process relies on a simple password only, which is a weak method of authorization.

B.  

The system authorization of the user does not correctly reflect the access rights intended.

C.  

There was no periodic review to validate access rights.

D.  

The application owner apparently did not approve the access request during the provisioning process.

A.  

Requested backup tapes were not returned from the offsite vendor in a timely manner

B.  

Returned backup tapes from the offsite vendor contained empty spaces

C.  

Critical systems have been backed up more frequently than required

D.  

Critical system backup tapes are taken off site less frequently than required

A.  

The organization lacks the necessary senior management to ensure that project objectives are met.

B.  

The organization’s recent hiring of additional staff to the IT department would create more scrutiny of end user activity.

C.  

The organization creates new processes and policies that employees feel are too burdensome.

D.  

The organization experiences continuing issues that hamper employees’ ability to provide quality customer service.