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

Questions 21

As it relates to the data analytics process, which of the following best describes the purpose of an internal auditor who cleaned and normalized cate?

Options:
A.

The auditor eliminated duplicate information.

B.

The auditor organized data to minimize useless information.

C.

The auditor made data usable for a specific purpose by ensuring that anomalies were Identified and corrected.

D.

The auditor ensured data fields were consistent and that data could be used for a specific purpose.

IIA IIA-CIA-Part3 Premium Access
Questions 22

Which of the following best describes owner's equity?

Options:
A.

Assets minus liabilities.

B.

Total assets.

C.

Total liabilities.

D.

Owners contribution plus drawings.

Questions 23

Which of the following statements is true regarding a bring-your-own-device (BYOD) environment?

Options:
A.

There is a greater need for organizations to rely on users to comply with policies and procedures.

B.

With fewer devices owned by the organization, there is reduced need to maintain documented policies and procedures.

C.

Incident response times are less critical in the BYOD environment, compared to a traditional environment

D.

There is greater sharing of operational risk in a BYOD environment

Questions 24

Which of the following is a cybersecurity monitoring activity intended to deter disruptive codes from being installed on an organizations systems?

Options:
A.

Boundary defense

B.

Malware defense.

C.

Penetration tests

D.

Wireless access controls

Questions 25

According to Herzberg's Two-Factor Theory of Motivation, which of the following is a factor mentioned most often by satisfied employees?

Options:
A.

Security.

B.

Status.

C.

Recognition.

D.

Relationship with coworkers

Questions 26

Which of the following contract concepts is typically given in exchange for the execution of a promise?

Options:
A.

Lawfulness.

B.

Consideration.

C.

Agreement.

D.

Discharge

Questions 27

Which of the following statements, is true regarding the capital budgeting procedure known as discounted payback period?

Options:
A.

It calculates the overall value of a project.

B.

It ignores the time value of money.

C.

It calculates the time a project takes to break even.

D.

It begins at time zero for the project.

Questions 28

Which of the following statements is true regarding cost-volume-profit analysis?

Options:
A.

Contribution margin is the amount remaining from sales revenue after fixed expenses have been deducted.

B.

Breakeven point is the amount of units sold to cover variable costs.

C.

Breakeven occurs when the contribution margin covers fixed costs.

D.

Following breakover1, he operating income will increase by the excess of fixed costs less the variable costs per units sold.

Questions 29

During her annual performance review, a sales manager admits that she experiences significant stress due to her job but stays with the organization because of the high bonuses she earns. Which of the following best describes her primary motivation to remain in the job?

Options:
A.

Intrinsic reward.

B.

Job enrichment

C.

Extrinsic reward.

D.

The hierarchy of needs.

Questions 30

Which of the following is true of matrix organizations?

Options:
A.

A unity-of-command concept requires employees to report technically, functionally, and administratively to the same manager.

B.

A combination of product and functional departments allows management to utilize personnel from various Junctions.

C.

Authority, responsibility and accountability of the units Involved may vary based on the project's life, or the organization's culture

D.

It is best suited for firms with scattered locations or for multi-line, Large-scale firms.