IIA-CIA-Part3 V1

Which of the following intangible assets is considered to have an indefinite life?A . Underground oil deposits B. Copyright C. Trademark D. LandView AnswerAnswer: C

Which of the following types of date analytics would be used by a hospital to determine which patients are likely to require remittance for additional treatment?A . Predictive analytics. B. Prescriptive analytics. C. Descriptive analytics. D. Diagnostic analytics.View AnswerAnswer: A

An internal auditor is assessing the risks related to an organization's mobile device policy. She notes that the organization allows third parties (vendors and visitors) to use outside smart devices to access its proprietary networks and systems. Which of the following types of smart device risks should the internal Auditor...

Management has established a performance measurement focused on the accuracy of disbursements. The disbursement statistics, provided daily to ail accounts payable and audit staff, include details of payments stratified by amount and frequency. Which of the following is likely to be the greatest concern regarding this performance measurement?A . Articulation...

Which of the following can be classified as debt investments?A . Investments in the capital stock of a corporation B. Acquisition of government bonds. C. Contents of an investment portfolio, D. Acquisition of common stock of a corporationView AnswerAnswer: B

Which of the following best explains the matching principle?A . Revenues should be recognized when earned. B. Revenue recognition is matched with cash. C. Expense recognition is tied to revenue recognition. D. Expenses are recognized at each accounting period.View AnswerAnswer: C

Which of the following security controls would be me most effective in preventing security breaches?A . Approval of identity request B. Access logging. C. Monitoring privileged accounts D. Audit of access rightsView AnswerAnswer: D

Which of the following is an example of a physical control?A . Providing fire detection and suppression equipment B. Establishing a physical security policy and promoting it throughout the organization C. Performing business continuity and disaster recovery planning D. Keeping an offsite backup of the organization's critical dataView AnswerAnswer: A

A company produces water buckets with the following costs per bucket: Direct labor = 82 Direct material = $5 Fixed manufacturing = 83.50 Variable manufacturing = 82.50 The water buckets are usually sold for $15. However, the company received a special order for 50.000 water buckets at 311 each. Assuming...

With regard to project management, which of the following statements about project crashing Is true?A . It leads to an increase in risk and often results in rework. B. It is an optimization technique where activities are performed in parallel rather than sequentially. C. It involves a revaluation of project...