CIA Exam Part 3 IIA-CIA-Part3 Update Dumps 2023

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Exam:IIA-CIA-Part3

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CIAExamPartThree: BusinessKnowledgefor InternalAuditing

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1.Anorganizationdecidedtoreorganizeintoaflatterstructure. Whichofthefollowingchangeswouldbeexpectedwiththisnewstructure?

A.Lowercosts.

BSlowerdecisionmakingattheseniorexecutivelevel

CLimitedcreativefreedominlower-levelmanagers

DSenior-levelexecutivesmorefocusedonshort-term,routinedecisionmaking

Answer:A

2Duringherannualperformancereview,asalesmanageradmitsthatsheexperiencessignificantstress duetoherjobbutstayswiththeorganizationbecauseofthehighbonusessheearns

Whichofthefollowingbestdescribesherprimarymotivationtoremaininthejob?

A.Intrinsicreward.

BJobenrichment

C.Extrinsicreward.

DThehierarchyofneeds

Answer:C

3.Withincreasedcybersecuritythreats,whichofthefollowingshouldmanagementconsidertoensure thatthereisstrongsecuritygovernanceinplace?

AInventoryofinformationassets

BLimitedsharingofdatafileswithexternalparties

CVulnerabilityassessment

DClearlydefinedpolicies

Answer:D

4Whichofthefollowingrisksisbestaddressedbyencryption?

AInformationintegrityrisk

BPrivacyrisk

C.Accessrisk

DSoftwarerisk

Answer:B

5.Whichofthefollowingbestdescribesaman-in-the-middlecyber-attack?

ATheperpetratorisabletodeletedataonthenetworkwithoutphysicalaccesstothedevice

B.Theperpetratorisabletoexploitnetworkactivitiesforunapprovedpurposes.

CTheperpetratorisabletotakeovercontrolofdatacommunicationintransitandreplacetraffic

DTheperpetratorisabletodisabledefaultsecuritycontrolsandintroduceadditionalvulnerabilities

Answer:C

6Whichofthefollowingapplicationcontrolsisthemostdependentonthepasswordowner?

APasswordselection

BPasswordaging

CPasswordlockout

DPasswordrotation

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Answer:A

7.WhichofthefollowingisthebestexampleofITgovernancecontrols?

AControlsthatfocusonsegregationofduties,financial,andchangemanagement, BPersonnelpoliciesthatdefineandenforceconditionsforstaffinsensitiveITareas

CStandardsthatsupportITpoliciesbymorespecificallydefiningrequiredactions

DControlsthatfocusondatastructuresandtheminimumlevelofdocumentationrequired

Answer:C

8WhichofthefollowingnetworksissuitableforanorganizationthathasoperationsInmultiplecitiesand countries?

A.Wideareanetwork. BLocalareanetwork

C.Metropolitanareanetwork.

DStorageareanetwork

Answer:A

9.Whichofthefollowingfacilitatesdataextractionfromanapplication?

AApplicationprogramcode

BDatabasesystem

COperatingsystem

DNetworks

Answer:B

10Whileconductinganauditoftheaccountspayabledepartment,aninternalauditorfoundthat3%of paymentsmadeduringtheperiodunderreviewdidnotagreewiththesubmittedinvoices

Whichofthefollowingkeyperformanceindicators(KPIs)forthedepartmentwouldbestassisttheauditor indeterminingthesignificanceofthetestresults?

A.AKPIthatdefinestheprocessowner'stoleranceforperformancedeviations.

BAKPIthatdefinestheimportanceofperformancelevelsanddisbursementstatisticsbeingmeasured C.AKPIthatdefinestimelinesswithregardtoreportingdisbursementdataerrorstoauthorized personnel

D.AKPIthatdefinesoperatingratioobjectivesofthedisbursementprocess.

Answer:A

11WhichofthefollowingITprofessionalsisresponsibleforprovidingmaintenancetoswitchesand routerstokeepITsystemsrunningasintended?

ADatacenteroperationsmanager

BResponseandsupportteam CDatabaseadministrator, DNetworkadministrator

Answer:D

12Whichofthefollowingcapitalbudgetingtechniquesconsidersthetunevalueofmoney?

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A.Annualrateofreturn.

BIncrementalanalysis

C.Discountedcashflow.

DCashpayback

Answer:C

13Whichofthefollowingbestdescribesapotentialbenefitofusingdataanalyses?

AIteasilyalignswithexistinginternalauditcompetenciestoreduceexpenses

BItprovidesamoreholisticviewoftheauditedarea

CItsoutcomescanbeeasilyinterpretedintoaudit:conclusions

DItsapplicationincreasesinternalauditors'adherencetotheStandards

Answer:BC

14.Ifanorganizationhasahighamountofworkingcapitalcomparedtotheindustryaverage,whichofthe followingismostlikelytrue?

A.Settlementofshort-termobligationsmaybecomedifficult.

BCashmaybebedupinitemsnotgeneratingfinancialvalue

C.Collectionpoliciesoftheorganizationareineffective.

DTheorganizationisefficientinusingassetstogeneraterevenue

Answer:B

15AsmallsoftwaredevelopmentfirmdesignsandproducescustomapplicationsforbusinessesThe applicationdevelopmentteamconsistsofemployeesfrommultipledepartmentswhoallreporttoasingle projectmanager

Whichofthefollowingorganizationalstructuresdoesthissituationrepresent?

AFunctionaldepartmentalization

BProductdepartmentalization

CMatrixorganization

D.Divisionalorganization

Answer:C

16Whichofthefollowingattributesofdataarecybersecuritycontrolsprimarilydesignedtoprotect?

A.Veracity,velocity,andvariety.

BIntegrity,availability,andconfidentiality

C.Accessibility,accuracy,andeffectiveness.

DAuthorization,logicalaccess,andphysicalaccess

Answer:C

17Themanagementofworkingcapitalismostcrucialforwhichofthefollowingaspectsofbusiness?

ALiquidity

BProfitability

CSolvency

DEfficiency

Answer:A

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