IIA-CIA-Part3

During a review of a web-based application used by customers to check the status of their bank accounts, it would be most important for the internal auditor to ensure that:A . Access to read application logs is restricted to authorized users.B . Account balance information is encrypted in the database.C...

An organization uses a database management system (DBMS) as a repository for data. The DBMS, in turn, supports a number of end-user developed applications which were created using fourth-generation programming languages. Some of the applications update the database. Which of the following is the most important control related to the...

Which of the following borrowing options is an unsecured loan?A . Second-mortgage financing from a bank.B . An issue of commercial paper.C . Pledged accounts receivable.D . Asset-based financing.View AnswerAnswer: B

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

Which is the least effective form of risk management?A . Systems-based preventive control.B . People-based preventive control.C . Systems-based detective control.D . People-based detective control.View AnswerAnswer: D

An organization engages in questionable financial reporting practices due to pressure to meet unrealistic performance targets. Which internal control component is most negatively affected?A . Monitoring.B . Control activities.C . Risk assessment.D . Control environment.View AnswerAnswer: D