Free Access IIA IIA-CIA-Part3-3P New Release

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Question 24

Which of the following performance measures includes both profits and investment base?

Options:

Residual income.

A flexible budget.

Variance analysis.

A contribution margin income statement by segment.

Question 25

According to IIA guidance, which of the following best describes the activities that occur during the conversion phase of an IT project?

Options:

Conversion of user requirements into system specifications

Conversion of user requirements into program codes

Conversion of test data into production data

Conversion of data from the old system into the new system

Question 26

An organization has received funding to continue a program that utilizes an in-house Due to new legislative requirements the application will require additional features to capture information not previously collected Which of the following is the most critical for completing this specific project?

Options:

A detailed budget that identifies hardware resources for the project

A Gantt chart that identifies the critical path for completing the project

Change management controls to avoid technical conflicts within the application

A project plan with a flexible scope to accommodate legislative requirements

Question 27

While reviewing the contracts for a large city, the internal auditor learns that the organization contracted to perform trash collection is paid based on the number of bins emptied each week as a result, the city has minimal control over payments Which of the following actions should the auditor recommend to give the city greater control over payments?