Best IIA IIA-CIA-Part3 Dumps [2023] With Real Exam Questions

Jonnie Karnath2023-03-20T00:41:09+00:00

Do you want to ensure your success and pass the IIA-CIA-Part3 exam on your first attempt? One of the biggest advantages of using the IIA IIA-CIA-Part3 dumps is that it is updated regularly to ensure that it reflects the latest exam trends and requirements. This means that you can be sure that the IIA IIA-CIA-Part3 dumps you are studying are up-to-date and relevant to the exam you are preparing for. In addition to providing you with real exam questions and answers, the IIA IIA-CIA-Part3 dumps also include practice tests and quizzes that are designed to simulate the actual exam experience. This will help you get a feel for the exam format, as well as identify areas where you may need to focus your study efforts.

Page 1 of 4

1. What is the primary purpose of an Integrity control?

To ensure data processing is complete, accurate, and authorized.

To ensure data being processed remains consistent and intact.

To monitor the effectiveness of other controls

To ensure the output aligns with the intended result.

2. Several organizations have developed a strategy to open co-owned shopping malls.

What would be the primary purpose of this strategy?

To exploit core competence.

To increase market synergy.

To deliver enhanced value.

To reduce costs.

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

Error listings.

Distribution controls.

Transaction logging.

Systems development controls.

4. Which of the following networks is suitable for an organization that has operations In multiple cities and countries?

Wide area network.

Local area network

Metropolitan area network.

Storage area network.

5. 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?

Vertical integration.

Unrelated diversification.

Differentiation

Focus

6. Which of the following capital budgeting techniques considers the tune value of money?

Annual rate of return.

Incremental analysis.

Discounted cash flow.

Cash payback

7. 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 flat structure results in lower operating and support costs than a hierarchical structure.

A flat structure results in a stable and very collaborative environment.

A flat structure enables field auditors to report to and learn from senior auditors.

A flat structure is more dynamic and offers more opportunities for advancement than a hierarchical structure.

8. The management of working capital is most crucial for which of the following aspects of business?

Liquidity

Profitability

Solvency

Efficiency

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

Access to personally identifiable information is limited to those who need It to perform their job.

Confidential data must be backed up and recoverable within a 24-hour period.

Updates to systems containing sensitive data must be approved before being moved to production.

A record of employees with access to insider information must be maintained, and those employees may not trade company stock during blackout periods

10. Which of the following is most influenced by a retained earnings policy?

Cash.

Dividends.

Gross margin.

Net income.

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11. Which of the following risks is best addressed by encryption?

Information integrity risk

Privacy risk

Access risk

Software risk

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

Acid-test (quick) ratio

Average collection period

Current ratio.

Inventory turnover.

13. When reviewing application controls using the four-level model, which of the following processes are associated with level 4 of the business process method?

Activity

Subprocess

Major process

Mega process

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

Draft separate audit reports for business and IT management.

Conned IT audit findings to business issues.

Include technical details to support IT issues.

Include an opinion on financial reporting accuracy and completeness.

15. 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?

Predictive analytics.

Prescriptive analytics.

Descriptive analytics.

Diagnostic analytics.

16. Which of the following would be the best method to collect information about employees' job satisfaction?

Online surveys sent randomly to employees.

Direct onsite observations of employees.

Town hall meetings with employees.

Face-to-face interviews with employees.

17. While conducting an audit of the accounts payable department, an internal auditor found that 3% of payments made during the period under review did not agree with the submitted invoices.

Which of the following key performance indicators (KPIs) for the department would best assist the auditor in determining the significance of the test results?

A KPI that defines the process owner's tolerance for performance deviations.

A KPI that defines the importance of performance levels and disbursement statistics being measured.

A KPI that defines timeliness with regard to reporting disbursement data errors to authorized personnel.

A KPI that defines operating ratio objectives of the disbursement process.

18. 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?

To inform the classification of the data population.

To determine the completeness and accuracy of the data.

To identify whether the population contains outliers.

To determine whether duplicates in the data inflate the range.

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

Whether customers are asked to renew their consent for their data processing at least quarterly.

Whether private data is processed in accordance with the purpose for which the consent was obtained?

Whether the organization has established explicit and entitywide policies on data transfer to third parties.

Whether customers have an opportunity to opt-out the right to be forgotten from organizational records and systems.

20. Which of the following describes the most appropriate set of tests for auditing a workstation's logical access controls?

Review the list of people with access badges to the room containing the workstation and a log of those who accessed the room.

Review the password length, frequency of change, and list of users for the workstation's login process.

Review the list of people who attempted to access the workstation and failed, as well as error messages.

Review the passwords of those who attempted unsuccessfully to access the workstation and the log of their activity

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21. Which of the following IT disaster recovery plans includes a remote site dessgnated for recovery with available space for basic services, such as internet and telecommunications, but does not have servers or infrastructure equipment?

Frozen site

Cold site

Warm site

Hot site

22. Which of the following is a benefit from the concept of Internet of Things?

Employees can choose from a variety of devices they want to utilize to privately read work emails without their employer’s knowledge.

Physical devices, such as thermostats and heat pumps, can be set to react to electricity market changes and reduce costs.

Information can be extracted more efficiently from databases and transmitted to relevant applications for in-depth analytics.

Data mining and data collection from internet and social networks is easier, and the results are more comprehensive

23. An intruder posing as the organization's CEO sent an email and tricked payroll staff into providing employees' private tax information.

What type of attack was perpetrated?

Boundary attack.

Spear phishing attack.

Brute force attack.

Spoofing attack.

24. Which of the following statements is true concerning the basic accounting treatment of a partnership?

The initial investment of each partner should be recorded at book value.

The ownership ratio identifies the basis for dividing net income and net toss.

A partner's capital only changes due to net income or net loss.

The basis for sharing net incomes or net kisses must be fixed.

25. Which of the following should be established by management during implementation of big data systems to enable ongoing production monitoring?

Key performance indicators.

Reports of software customization.

Change and patch management.

Master data management

26. 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?

A value-added network.

A local area network.

A metropolitan area network.

A wide area network.

27. Which of the following best describes a cyberattacK in which an organization faces a denial-of-service threat created through malicious data encryption?

Phishing.

Ransomware.

Hacking.

Makvare

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

The file transfer protocol (FTP) should always be enabled.

The simple mail transfer protocol (SMTP) should be operating under the most privileged accounts.

The number of ports and protocols allowed to access the web server should be maximized.

Secure protocols for confidential pages should be used instead of dear-text protocols such as HTTP or FT

29. Which of following best demonstrates the application of the cost principle?

A company reports trading and investment securities at their market cost

A building purchased last year for $1 million is currently worth ©1.2 million, but the company still reports the building at $1 million.

A building purchased last year for ©1 million is currently worth £1,2 million, and the company adjusts the records to reflect the current value

A company reports assets at either historical or fair value, depending which is closer to market value.

30. During her annual performance review, a sales manager admits that she experiences significant stress due to her job but stays with the organization because of the high bonuses she earns.

Which of the following best describes her primary motivation to remain in the job?

Intrinsic reward.

Job enrichment

Extrinsic reward.

The hierarchy of needs.

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31. 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?

A sinking fund bond.

A secured bond.

A junk bond.

A debenture bond

32. Which of the following controls would be the most effective in preventing the disclosure of an organization's confidential electronic information?

Nondisclosure agreements between the firm and its employees.

Logs of user activity within the information system.

Two-factor authentication for access into the information system.

limited access so information, based on employee duties

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