Updated IIA-CIA-Part3 Dumps (V17.03) Come with Real IIA-CIA-Part3 Exam Questions: Check the IIA-CIA-Part3 Free Dumps (Part 1, Q1-Q40) First

1. Which of the following intangible assets is considered to have an indefinite life?

2. Which component of an organization's cybersecurity risk assessment framework would allow management to implement user controls based on a user's role?

3. When auditing databases, which of the following risks would an Internal auditor keep In mind In relation to database administrators?

4. Which of the following physical access controls often functions as both a preventive and detective control?

5. Which of the following would be a concern related to the authorization controls utilized for a system?

6. 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?

7. An organization with global headquarters in the United States has subsidiaries in eight other nations. If the organization operates with an ethnocentric attitude, which of the following statements is true?

8. Which of the following best explains the matching principle?

9. Which of the following should software auditors do when reporting internal audit findings related to enterprisewide resource planning?

10. An internal auditor reviews a data population and calculates the mean, median, and range.

What is the most likely purpose of performing this analytic technique?

11. A manufacturer ss deciding whether to sell or process materials further.

Which of the following costs would be relevant to this decision?

12. Which of the following is a disadvantage in a centralized organizational structure?

13. A restaurant decided to expand its business to include delivery services, rather than relying on third-party food delivery services.

Which of the following best describes the restaurants strategy?

14. Which of the following is most appropriately placed in the financing section of an organization's cash budget?

15. Which of the following statements is true regarding a bring-your-own-device (BYOD) environment?

16. An organization discovered fraudulent activity involving the employee time-tracking system. One employee regularly docked in and clocked out her co-worker friends on their days off, inflating their reported work hours and increasing their wages.

Which of the following physical authentication devices would be most effective at disabling this fraudulent scheme?

17. Which of the following data security policies is most likely to be the result of a data privacy law?

18. Which of the following statements. Is most accurate concerning the management and audit of a web server?

19. A chief audit executive wants to implement an enterprisewide resource planning software.

Which of the following internal audit assessments could provide overall assurance on the likelihood of the software implementation's success?

20. Which of the following is an example of internal auditors applying data mining techniques for exploratory purposes?

21. 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?

22. Which of the following IT-related activities is most commonly performed by the second line of defense?

23. Which of the following is an indicator of liquidity that is more dependable than working capital?

24. Which of the following would be classified as IT general controls?

25. Which of the following is a characteristic of big data?

26. Which of the following best describes the primary objective of cybersecurity?

27. According to lIA guidance on IT, which of the following plans would pair the identification of critical business processes with recovery time objectives?

28. Which of the following controls would enable management to receive timely feedback and help mitigate unforeseen risks?

29. Which of the following financial statements provides the best disclosure of how a company's money was used during a particular period?

30. Which of the following capital budgeting techniques considers the expected total net cash flows from investment?

31. An organization upgraded to a new accounting software.

Which of the following activities should be performed by the IT software vendor immediately following the upgrade?

32. 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 illustrated by this scenario?

33. Which of the following controls would be most efficient to protect business data from corruption and errors?

34. An organization with a stable rating, as assessed by International rating agencies, has issued a bond not backed by assets or collateral. Payments of the interests and the principal to bondholders are guaranteed by the organization.

Which type of bond did the organization issue?

35. Which of the following facilitates data extraction from an application?

36. Management has established a performance measurement focused on the accuracy of disbursements. The disbursement statistics, provided daily to ail accounts payable and audit staff, include details of payments stratified by amount and frequency.

Which of the following is likely to be the greatest concern regarding this performance measurement?

37. In an organization that produces chocolate, the leadership team decides that the organization will open a milk production facility for its milk chocolate.

Which of the following strategies have the organization chosen?

38. Which of the following should internal auditors be attentive of when reviewing personal data consent and opt-in/opt-out management process?

39. 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?

40. A company produces water buckets with the following costs per bucket:

Direct labor = 82

Direct material = $5

Fixed manufacturing = 83.50

Variable manufacturing = 82.50

The water buckets are usually sold for $15. However, the company received a special order for 50.000 water buckets at 311 each.

Assuming there is adequate manufacturing capacity and ail other variables are constant, what is the relevant cost per unit to consider when deciding whether to accept this special order at the reduced price?