IIA-CIA-Part3 exam

Which of the following controls would be most efficient to protect business data from corruption and errors?A . Controls to ensure data is unable to be accessed without authorization.B . Controls to calculate batch totals to identify an error before approval.C . Controls to encrypt the data so that corruption...

Which of following best demonstrates the application of the cost principle?A . A company reports trading and investment securities at their market costB . A building purchased last year for $1 million is currently worth ©1.2 million, but the company still reports the building at $1 million.C . A building...

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 disaster recovery plans includes recovery resources available at the site, but they may need to be configured to support the production system?A . Warm site recovery plan.B . Hot site recovery plan.C . Cool site recovery plan.D . Cold site recovery plan.View AnswerAnswer: A

Which of the following risks is best addressed by encryption?A . Information integrity riskB . Privacy riskC . Access riskD . Software riskView AnswerAnswer: B

An analytical model determined that on Friday and Saturday nights the luxury brands stores should be open for extended hours and with a doubled number of employees present; while on Mondays and Tuesdays costs can be minimized by reducing the number of employees to a minimum and opening only for...

Which of the following should internal auditors be attentive of when reviewing personal data consent and opt-in/opt-out management process?A . Whether customers are asked to renew their consent for their data processing at least quarterly.B . Whether private data is processed in accordance with the purpose for which the consent...

Which of the following capital budgeting techniques considers the tune value of money?A . Annual rate of return.B . Incremental analysis.C . Discounted cash flow.D . Cash paybackView AnswerAnswer: C

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 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...