Online Access Free IIA.IIA-ACCA.v2022-01-26.q205 Practice Test (Page 2)

IIA-ACCA Exam Question 1

Which of the following best describes a market signal?

A.Strategic analysis by the organization indicates feasibility of expanding to new market niches.

B.The competitor announces a new warranty program.

C.There is pressure from the competitor's substitute products.

D.The bargaining power of buyers is forcing a drop in market prices.

IIA-ACCA Exam Question 2

Which of the following is a major advantage of decentralized organizations, compared to centralized organizations?

A.Decentralized organizations tend to be more responsive to market changes.

B.Decentralized organizations tend to be less expensive to operate.

C.Decentralized organizations are more focused on organizational goals.

D.Decentralized organizations streamline organizational structure.

IIA-ACCA Exam Question 3

Which of the following has the greatest effect on the efficiency of an audit?

A.The complexity of deficiency findings.

B.The organization and content of workpapers.

C.The method and amount of supporting detail used for the audit report.

D.The adequacy of preliminary survey information.

IIA-ACCA Exam Question 4

A manufacturing line supervisor joins the internal audit activity for a two-year rotational job assignment and is assigned to an accounts receivable audit. With regard to this assignment, which of the following should be the primary concern of the audit manager?

A.Organizational independence.

B.Individual objectivity.

C.Due professional care.

D.Individual independence.

IIA-ACCA Exam Question 5

What are the objectives of governance as defined by the Standards?

A.Inform, direct, manage, and monitor.

B.Organize, assign, authorize, and implement.

C.Identify, assess, manage, and control.

D.Add value, improve, assure, and conform.

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IIA-ACCA Exam Question 1

IIA-ACCA Exam Question 2

IIA-ACCA Exam Question 3

IIA-ACCA Exam Question 4

IIA-ACCA Exam Question 5

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