Free IIA IIA-CIA-Part3-3P Practice Exam with Questions & Answers | Set: 3

Require regular performance appraisals

Perform exit interviews

Encourage periodic rotation of employee duties.

Ensure mandatory vacations

Accounts receivable in the short term

Bonds to be held to maturity.

Notes receivable in the short term

Bonds to be held for sale in the short term.

Data center operations manager.

Response and support team.

Database administrator.

Network administrator.

Assets liabilities and owners' equity would be understated

Assets net income and owners' equity would be unaffected

Assets and liabilities would be understated

Assets net income and owners' equity would be understated, but liabilities would be overstated

A revenue calculation spreadsheet supported with price and volume reports from the production department

An asset retirement calculation spreadsheet comprised of multiple formulas and assumptions

An ad-hoc inventory listing spreadsheet comprising details of written-off inventory quantitates

An accounts receivable reconciliation spreadsheet used by the accounting manager to verify balances.

Sum of the years' digits

Declining balance

Double-declining balance

Straight line

A slight increase in carrying costs.

A greater need for inspection of goods as the goods arrive.

A greater need for linkage with a vendor s computerized order entry system.

An increase in the number of suitable suppliers

A slower response to external change.

Less controlled decision making.

More burden on higher-level managers.

Less use of employees' true skills and abilities.

Automated password change requirements

System data backup process

User testing of system changes

Formatted data fields

A traditional key lock

A biometric device.

A card-key system

A proximity device