IIA-CIA-Part3

According to IIA guidance, which of the following is a typical risk associated with the tender process and contracting stage of an organization's IT outsourcing life cycle?A . The process is not sustained and is not optimized as planned.B . There is a lack of alignment to organizational strategies.C ....

Capacity overbuilding is most likely to occur when management is focused on which of the following?A . Marketing.B . Finance.C . Production.D . Diversification.View AnswerAnswer: C

In order to provide useful information for an organization's risk management decisions, which of the following factors is least important to assess?A . The underlying causes of the risk.B . The impact of the risk on the organization's objectives.C . The risk levels of current and future events.D . The...

Emergency changes that bypass the normal control process frequently are deemed necessary.A . 1 and 3 onlyB . 2 and 4 onlyC . 1, 2, and 4 onlyD . 1, 2, 3, and 4View AnswerAnswer: C

Which of the following is the best reason for considering the acquisition of a nondomestic organization?A . Relatively fast market entry.B . Improved cash flow of the acquiring organization.C . Increased diversity of corporate culture.D . Opportunity to influence local government policy.View AnswerAnswer: A

An organization is projecting sales of 100,000 units, at a unit price of $12. Unit variable costs are $7. If fixed costs are $350,000, what is the projected total contribution margin?A . $350,000B . $500,000C . $850,000D . $1,200,000View AnswerAnswer: B

Which of the following is a key characteristic of a zero-based budget?A . A zero-based budget provides estimates of costs that would be incurred under different levels of activity.B . A zero-based budget maintains focus on the budgeting process.C . A zero-based budget is prepared each year and requires each...

Evaluate whether the procedures for program change management are adequate.A . 1 onlyB . 1 and 3 onlyC . 2 and 4 onlyD . 1, 3, and 4 onlyView AnswerAnswer: D

Which of the following statements is true regarding the roles and responsibilities associated with a corporate social responsibility (CSR) program?A . The board has overall responsibility for the internal control processes associated with the CSR program.B . Management has overall responsibility for the effectiveness of governance, risk management, and internal...

The organization makes exclusive arrangements with the channels.A . 1 and 3 onlyB . 1 and 4 onlyC . 2 and 3 onlyD . 2 and 4 onlyView AnswerAnswer: A