Get Real IIA-CIA-Part3 Quesions Pass IIA Certification Exams Easily [Q99-Q116]

QUESTION 99
Under the “output” approach, gross domestic product GDP) is measured as:

QUESTION 100
Unauthorized alteration of online records can be prevented by employing:

QUESTION 101
An organization’s network administrator received an email that appeared to come from the organization’s external IT service provider requesting his credentials to perform an update of a server operating system If the IT service provider did not send the email, which of the following best describes the likely purpose of the email?

QUESTION 102
To reduce security exposure when transmitting proprietary data communication lines, a company should use:

QUESTION 103
An attacker, posing as a bank representative, convinced an employee to release certain, financial information that ultimately resulted in fraud. Which of the following best describes this cybersecurity risk?

QUESTION 104
Data encryption is an example of which of the following controls?

QUESTION 105
Management has decided to change the organizational structure from one that was previously decentralized to one that is now highly centralized. As such: which of the following would be a characteristic of the now highly centralized organization?

QUESTION 106
The general approach to regulation by consumer product safety laws is to:

QUESTION 107
Which of the following purchasing scenarios would gain the greatest benefit from implementing electronic data interchange?

QUESTION 108
What amounts should be retorted for prepaid insurance and insurance expense in the annual financial statements prepared at December 31?

QUESTION 109
A clothing company sells shirts for $8 per shirt. In order to break even, the company must sell 25.000 shirts. Actual sales total S300.000. What is margin of safety sales for the company?

QUESTION 110
An internal auditor considers the financial statement of an organization as part of a financial assurance engagement. The auditor expresses the organization’s electricity and depreciation expenses as a percentage of revenue to be 10% and 7% respectively. Which of the following techniques was used by the internal auditor In this calculation?

QUESTION 111
In forecasting purchases of inventory for a firm, all of the following are useful except:

QUESTION 112
An entity sells inventory for US $80,000 that had an inventory cost of US $40.
The terms of the sale involve payments receivable of US $10,000 in the first year, 11F; $45,000 in the second year, and US $25,000 in the third year. The buyer of the inventory is a new firm with no credit history. If the cost-recovery method of revenue recognition is used, the amount of gross profit to be recognition in the second year is:

QUESTION 113
The moving-average method of forecasting:

QUESTION 114
A firm sells its product in a foreign market for a much higher price than in its home market.
The reason is most likely:

QUESTION 115
Regardless of whether a company develops, buys, leases, or pays for the use of the software for EDI transmissions, internal audit should be responsible for evaluating whether the software:

QUESTION 116
An organization is considering the outsourcing of its business processes related to payroll and information technology functions. Which of the following is the most significant area of concern for management regarding this proposed agreement?