IIA-CIA-Part3 V1

In an effort to increase business efficiencies and improve customer service offered to its major trading partners, management of a manufacturing and distribution company established a secure network, which provides a secure channel for electronic data interchange between the company and its partners. Which of the following network types is...

On the last day of the year, a total cost of S 150.000 was incurred in indirect labor related to one of the key products an organization makes. How should the expense be reported on that year's financial statements?A . It should be reported as an administrative expense on the...

According to lIA guidance on IT, which of the following plans would pair the identification of critical business processes with recovery time objectives?A . The business continuity management charter. B. The business continuity risk assessment plan. C. The business Impact analysis plan D. The business case for business continuity planningView...

A organization finalized a contract in which a vendor is expected to design, procure, and construct a power substation for $3,000,000. In this scenario, the organization agreed to which of the following types of contracts?A . A cost-reimbursable contract. B. A lump-sum contract. C. A time and material contract. D....

Which of the following is on advantage of a decentralized organizational structure, as opposed to a centralized structure?A . Greater cost-effectiveness B. Increased economies of scale C. Larger talent pool D. Strong internal controlsView AnswerAnswer: C

Which of the following controls would enable management to receive timely feedback and help mitigate unforeseen risks?A . Measure product performance against an established standard. B. Develop standard methods for performing established activities. C. Require the grouping of activities under a single manager. D. Assign each employee a reasonable workload.View...

Which of the following is an indicator of liquidity that is more dependable than working capital?A . Acid-test (quick) ratio B. Average collection period C. Current ratio. D. Inventory turnover.View AnswerAnswer: A

Which of the following would be a concern related to the authorization controls utilized for a system?A . Users can only see certain screens in the system. B. Users are making frequent password change requests. C. Users Input Incorrect passwords and get denied system access D. Users are all permitted...

Which of the following backup methodologies would be most efficient in backing up a database in the production environment?A . Disk mirroring of the data being stored on the database. B. A differential backup that is performed on a weekly basis. C. An array of independent disks used to back...

Which of the following purchasing scenarios would gain the greatest benefit from implementing electronic cate interchange?A . A just-in-time purchasing environment B. A Large volume of custom purchases C. A variable volume sensitive to material cost D. A currently inefficient purchasing processView AnswerAnswer: A