IIA-CIA-Part3 exam

Which of the following is the best example of a compliance risk that Is likely to arise when adopting a bring-your-own-device (BYOD) policy?A . The risk that users try to bypass controls and do not install required software updates.B . The risk that smart devices can be lost or stolen...

Which of the following is most influenced by a retained earnings policy?A . Cash.B . Dividends.C . Gross margin.D . Net income.View AnswerAnswer: D

Which of the following statements. Is most accurate concerning the management and audit of a web server?A . The file transfer protocol (FTP) should always be enabled.B . The simple mail transfer protocol (SMTP) should be operating under the most privileged accounts.C . The number of ports and protocols allowed...

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

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

Which of the following statements is true regarding activity-based costing (ABC)?A . An ABC costing system is similar to conventional costing systems in how it treats the allocation of manufacturing overhead.B . An ABC costing system uses a single unit-level basis to allocate overhead costs to products.C . An ABC...

Which of the following statements describes the typical benefit of using a flat organizational structure for the internal audit activity, compared to a hierarchical structure?A . A flat structure results in lower operating and support costs than a hierarchical structure.B . A flat structure results in a stable and very...

Which of the following biometric access controls uses the most unique human recognition characteristic?A . Facial comparison using photo identification.B . Signature comparison.C . Voice comparison.D . Retinal print comparison.View 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

Favorable labor rate variance.A . 1 and 2 B. 1 and 4 C. 3 and A D. 2 and 3View AnswerAnswer: A