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Free IIA IIA-CIA-Part3 Practice Exam with Questions & Answers | Set: 6

Questions 51

An organization selected a differentiation strategy to compete at the business level. Which of the following structures best fits this strategic choice?

Options:
A.

Functional structure.

B.

Divisional structure.

C.

Mechanistic structure.

D.

Functional structure with cross-functional teams.

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Questions 52

Employees at an events organization use a particular technique to solve problems and improve processes. The technique consists of five steps: define, measure, analyze,

improve, and control. Which of the following best describes this approach?

Options:
A.

Six Sigma,

B.

Quality circle.

C.

Value chain analysis.

D.

Theory of constraints.

Questions 53

Which of the following security controls focuses most on prevention of unauthorized access to the power plant?

Options:
A.

An offboarding procedure is initiated monthly to determine redundant physical access rights.

B.

Logs generated by smart locks are automatically scanned to identify anomalies in access patterns.

C.

Requests for additional access rights are sent for approval and validation by direct supervisors.

D.

Automatic notifications are sent to a central security unit when employees enter the premises during nonwork hours

Questions 54

An internal auditor was asked to review an equal equity partnership, in one sampled transaction. Partner A transferred equipment into the partnership with a Self-declared value of 510 ,000, and Partner B contributed equipment with a self-declared value of 515,000. The capital accounts reach partner were subsequently credited with $12,500. Which of the following statements Is true regarding this transection?

Options:
A.

The capital accounts of the partners should be increased by she original cost of the contributed equipment.

B.

The capital accounts should be increased using a weighted average based by the current percentage of ownership.

C.

No action is needed, as the capital account of each partner was increased by the correct amount,

D.

The capital accounts of the partners should be increased by She fair market value of their contribution.

Questions 55

Which of the following statements is true regarding data backup?

Options:
A.

System backups should always be performed real time.

B.

Backups should be stored in a secured location onsite for easy access.

C.

The tape rotation schedule affects how long data is retained

D.

Backup media should be restored only m case of a hardware or software failure

Questions 56

Which of the following describes a third-party network that connects an organization specifically with its trading partners?

Options:
A.

Value-added network (VAN).

B.

Local area network (LAN).

C.

Metropolitan area network (MAN).

D.

Wide area network (WAN).

Questions 57

Which of the following is a likely result of outsourcing?

Options:
A.

Increased dependence on suppliers.

B.

Increased importance of market strategy.

C.

Decreased sensitivity to government regulation

D.

Decreased focus on costs

Questions 58

Which of the following is the best example of a compliance risk that Is likely to arise when adopting a bring-your-own-device (BYOD) policy?

Options:
A.

The risk that users try to bypass controls and do not install required software updates.

B.

The risk that smart devices can be lost or stolen due to their mobile nature..

C.

The risk that an organization intrusively monitors personal Information stored on smart devices.

D.

The risk that proprietary information is not deleted from the device when an employee leaves.

Questions 59

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.

Questions 60

According to IIA guidance on IT, which of the following would be considered a primary control for a spreadsheet to help ensure accurate financial reporting?

Options:
A.

Formulas and static data are locked or protected.

B.

The spreadsheet is stored on a network server that is backed up daily.

C.

The purpose and use of the spreadsheet are documented.

D.

Check-in and check-out software is used to control versions.