IIA-CIA-Part3 V2

A large retail customer made an offer to buy 10.000 units at a special price of $7 per unit. The manufacturer usually sells each unit for §10, Variable Manufacturing costs are 55 per unit and fixed manufacturing costs are $3 per unit. For the manufacturer to accept the offer, which...

Which of the following security controls would be me most effective in preventing security breaches?A . Approval of identity requestB . Access logging.C . Monitoring privileged accountsD . Audit of access rightsView AnswerAnswer: D

Which of the following best explains the matching principle?A . Revenues should be recognized when earned.B . Revenue recognition is matched with cash.C . Expense recognition is tied to revenue recognition.D . Expenses are recognized at each accounting period.View AnswerAnswer: C

An internal auditor was assigned to test for ghost employees using data analytics. The auditor extracted employee data from human resources and payroll. Using spreadsheet functions, the auditor matched data sets by name and assumed that employees who were not present in each data set should be investigated further. However,...

Which of the following types of date analytics would be used by a hospital to determine which patients are likely to require remittance for additional treatment?A . Predictive analytics.B . Prescriptive analytics.C . Descriptive analytics.D . Diagnostic analytics.View AnswerAnswer: A

Which of the following IT professionals is responsible for providing maintenance to switches and routers to keep IT systems running as intended?A . Data center operations managerB . Response and support team.C . Database administrator,D . Network administratorView AnswerAnswer: D

When executive compensation is based on the organization's financial results, which of the following situations is most likely to arise?A . The organization reports inappropriate estimates and accruals due to poof accounting controls.B . The organization uses an unreliable process forgathering and reporting executive compensation data.C . The organization experiences...

Which of the following should software auditors do when reporting internal audit findings related to enterprisewide resource planning?A . Draft separate audit reports for business and IT management.B . Conned IT audit findings to business issues.C . Include technical details to support IT issues.D . Include an opinion on financial...

A small software development firm designs and produces custom applications for businesses. The application development team consists of employees from multiple departments who all report to a single project manager. Which of the following organizational structures does this situation represent?A . Functional departmentalization.B . Product departmentalizationC . Matrix organization.D ....

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...