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Passed Exam Today IIA-CIA-Part3-3P

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Question 60

Which of the following statements regarding database management systems is not correct?

Options:

A.

Database management systems handle data manipulation inside the tables, rather than it being done by the operating system itself in files.

B.

The database management system acts as a layer between the application software and the operating system.

C.

Applications pass on the instructions for data manipulation which are then executed by the database

management system.

D.

The data within the database management system can only be manipulated directly by the database management system administrator.

Question 61

Which of the following is a major advantage of decentralized organizations, compared to centralized organizations?

Options:

A.

Decentralized organizations are more focused on organizational goals.

B.

Decentralized organizations streamline organizational structure.

C.

Decentralized organizations tend to be less expensive to operate.

D.

Decentralized organizations tend to be more responsive to market changes.

Question 62

Which of the following statements accurately describes the responsibility of the internal audit activity (IAA) regarding IT governance?

1) The IAA does not have any responsibility because IT governance is the responsibility of the board and senior management of the organization.

2) The IAA must assess whether the IT governance of the organization supports the organization’s strategies and objectives.

3) The IAA may assess whether the IT governance of the organization supports the organization’s strategies and objectives.

4) The IAA may accept requests from management to perform advisory services regarding how the IT governance of the organization supports the organization’s strategies and objectives.

Options:

A.

1 only

B.

4 only

C.

2 and 4

D.

3 and 4

Question 63

An organization is projecting sales of 100,000 units, at a unit price of $12. Unit variable costs are $7. If fixed costs are $350,000, what is the projected total contribution margin?

Options:

A.

$350,000

B.

$500,000

C.

$850,000

D.

$1,200,000

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Exam Code: IIA-CIA-Part3-3P
Exam Name: CIA Exam Part Three: Business Knowledge for Internal Auditing
Last Update: Nov 21, 2024
Questions: 488
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