IIA-CCSA® Exam Practice Test Instant Access

Question 1

Effective and efficient use of the entity's resources is called:

AResource control

BResource utilization

COperations controls

DCompliance control

Answer : C

Question 2

A successful Project has following phases:

APlanning, Execution, Controlling

BInitiation, Planning, Execution, Controlling

CInitiation, Planning, Execution, Testing

DPlanning, Execution, Controlling, Testing

Answer : B

Question 3

In which standard, the chief executive should establish a follow-up process to monitor and ensure that management actions have been effectively implemented or that senior management has accepted the risk of not taking action.

A2050.C1- Investigating progress

B2500.A3- Implementing progress

C2500.A1- Monitoring progress

D2500.A2- Mitigating progress

Answer : C

Question 4

Which of the following is NOT the internal factor that could affect the objective setting?

AChanges in production quotas

Bresource or budgetary changes

Ceconomic shifts

Dadditional or loss of large contracts or customers

Answer : C

Question 5

Who identified internal control components including Control environment, Information & communication, risk assessment, control activities and Monitoring?

AThe American Institute of Standards (AIS)

BThe American Institute of Certified Professional Accountants (AICPA)

CThe American Institute of Certified Control (AICC)

DThe American Institute of Professional Studies (AIPS

Answer : B

Question 6

In traditional approach, evaluating risks and controls were done by auditors and in control self-assessment approach it is done by work teams.

ATrue

BFalse

Answer : A

Question 7

Outcome measures are:

Aonly quantitative and measure results associated with only products delivered by an organization.

Bboth quantitative and qualitative and measure both results associated with products and services delivered by an organization.

Conly qualitative and measure results associated with only services delivered by an organization.

Dnone of the above

Answer : B

IIA-CCSA Control Self-Assessment® CCSA® Exam Practice Test