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IIA-CIA-Part3 Exam Dumps - IIA CIA Questions and Answers

Question # 44

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 evening hours Which of the

following best categorizes the analytical model applied?

Options:

A.

Descriptive.

B.

Diagnostic.

C.

Prescriptive.

D.

Prolific.

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Question # 45

Which of the following attributes of data analytics relates to the growing number of sources from which data is being generated?

Options:

A.

Volume.

B.

Velocity.

C.

Variety.

D.

Veracity.

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Question # 46

According to I1A guidance on IT. which of the following activities regarding information security Is most likely to be the responsibility of line management as opposed to executive management, internal auditors, or the board?

Options:

A.

Review and monitor security controls.

B.

Dedicate sufficient security resources.

C.

Provide oversight to the security function.

D.

Assess information control environments.

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Question # 47

Which of the following scenarios best illustrates a spear phishing attack?

Options:

A.

Numerous and consistent attacks on the company's website caused the server to crash and service was disrupted.

B.

A person posing as a representative of the company’s IT help desk called several employees and played a generic prerecorded message requesting password data.

C.

A person received a personalized email regarding a golf membership renewal, and he click a hyperlink to enter his credit card data into a fake website

D.

Many users of a social network service received fake notifications of e unique opportunity to invest in a new product.

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Question # 48

An internal auditor is reviewing key phases of a software development project. Which of the following would; the auditor most likely use to measure the project team's performance related to how project tasks are completed?

Options:

A.

A balanced scorecard.

B.

A quality audit

C.

Earned value analysis.

D.

Trend analysis

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Question # 49

An organization contracted a third-party service provider to plan, design, and build a new facility. Senior management would like to transfer all of the risk to the builder. Which type of procurement contract would the organization use?

Options:

A.

Cost-plus contract.

B.

Turnkey contract.

C.

Service contract.

D.

Solutions contract.

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Question # 50

When executive compensation is based on the organization's financial results, which of the following situations is most likely to arise?

Options:

A.

The organization reports inappropriate estimates and accruals due to poof accounting controls.

B.

The organization uses an unreliable process forgathering and reporting executive compensation data.

C.

The organization experiences increasing discontent of employees, if executives are eligible for compensation amounts that are deemed unreasonable.

D.

The organization encourages employee behavior that is inconsistent with the interests of relevant stakeholders.

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Question # 51

A one-time password would most likely be generated in which of the following situations?

Options:

A.

When an employee accesses an online digital certificate

B.

When an employee's biometrics have been accepted.

C.

When an employee creates a unique digital signature,

D.

When an employee uses a key fob to produce a token.

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Question # 52

Which of the following is an example of a key systems development control typically found in the In-house development of an application system?

Options:

A.

Logical access controls monitor application usage and generate audit trails.

B.

The development process is designed to prevent, detect, and correct errors that may occur.

C.

A record is maintained to track the process of data from Input, to output to storage.

D.

Business users' requirements are documented, and their achievement is monitored

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Question # 53

Which of the following characteristics applies to an organization that adopts a flat structure?

Options:

A.

The structure is dispersed geographically

B.

The hierarchy levels are more numerous.

C.

The span of control is wide

D.

The tower-level managers are encouraged to exercise creativity when solving problems

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Exam Code: IIA-CIA-Part3
Exam Name: Business Knowledge for Internal Auditing
Last Update: Feb 23, 2025
Questions: 340
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