IIA-CIA-Part3-3P Exam Questions Instant Access

Question 1

According to IIA guidance on IT. which of the following plans would pair the identification of critical business processes with recovery time objectives?

AThe business continuity management charter.

BThe business continuity risk assessment plan

CThe business impact analysis plan

DThe business case for business continuity planning

Answer : C

Question 2

Which of the following statements is true regarding the relationship between an individual's average tax rate and marginal tax rate?

AIn a regressive personal tax system, an individual's marginal tax rate is normally greater than his average tax rate.

BIn a regressive personal tax system, an individual's marginal tax rate is normally equal to his average tax rate.

CIn a progressive personal tax system, an individual's marginal tax rate is normally equal to his average tax rate.

DIn a progressive personal tax system, an individual's marginal tax rate is normally greater than his average tax rate.

Answer : D

Question 3

Which of the following statements is in accordance with COBIT?

1) Pervasive controls are general while detailed controls are specific.

2) Application controls are a subset of pervasive controls.

3) Implementation of software is a type of pervasive control.

4) Disaster recovery planning is a type of detailed control.

A1 and 4 only

B2 and 3 only

C2, 3, and 4 only

D1, 2, and 4 only

Answer : A

Question 4

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?

ALack of coordination among different business units.

BOperational decisions are inconsistent with organizational goals.

CSuboptimal decision-making.

DDuplication of business activities.

Answer : C

Question 5

Which of the following is improved by the use of smart devices?

AVersion control

BPrivacy

CPortability

DSecure authentication

Answer : C

Question 6

A multinational organization has multiple divisions that sell their products internally to other divisions. When selling internally, which of the following transfer prices would lead to the best decisions for the organization?

AFull cost

BFull cost plus a markup.

CMarket price of the product

DVariable cost plus a markup

Answer : C

Question 7

Which of the following risks is best addressed by encryption?

AInformation integrity risk.

BPrivacy risk

CAccess risk

DSoftware risk

Answer : B

IIA CIA Exam Part Three: Business Knowledge for Internal Auditing IIA-CIA-Part3-3P Exam Questions