Online Access Free IIA-CIA-Part3 Exam Questions

Which of the following risks would involve individuals attacking an oil company's IT system as a sign of solidarity against drilling in a local area?

• A.Piracy
• B.Hacking
• C.Tampering
• D.Phishing

Which of the following controls helps protect externally stored sensitive or confidential data from cyberthreats?

• A.Active and frequent monitoring of network traffic activities.
• B.Secure configurations and access controls.
• C.Firewalls to block unauthorized processing of transactions.
• D.Strong vendor contracts with control reports provided by service organizations.

An organization ' s account for office supplies on hand had a balance of $9,000 at the end of year one. During year two. The organization recorded an expense of $45,000 for purchasing office supplies. At the end of year two. a physical count determined that the organization has $11 ,500 in office supplies on hand. Based on this Information, what would he recorded in the adjusting entry an the end of year two?

• A.A debit to office supplies on hand for S2.500
• B.A debit to office supplies on hand for $20,500
• C.A debit to office supplies on hand for $42,500
• D.A debit to office supplies on hand for $11.500

Which of the following purchasing scenarios would gain the greatest benefit from implementing electronic cate interchange?

• A.A just-in-time purchasing environment
• B.A currently inefficient purchasing process
• C.A variable volume sensitive to material cost
• D.A Large volume of custom purchases

A rapidly expanding retail organization continues to be tightly controlled by its original small management team. Which of the following is a potential risk in this vertically centralized organization?

• A.Operational decisions are inconsistent with organizational goals
• B.Suboptimal decision-making
• C.Duplication of business activities
• D.Lack of coordination among different business units