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

Question 1

According to Porter's model of competitive strategy, which of the following is a generic strategy?

1 Differentiation.

2) Competitive advantage.

3) Focused differentiation.

4) Cost focus.

A2 only

B3 and 4 only

C1, 3, and 4 only

D1, 2, 3, and 4

Answer : C

Question 2

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

ATampering

BHacking

CPhishing

DPiracy

Answer : B

Question 3

The cost to enter a foreign market would be highest in which of the following methods of global expansion?

AJoint ventures.

BLicensing.

CExporting.

DOverseas production.

Answer : D

Question 4

Which of the following security controls focuses most on prevention of unauthorized access to the power plant?

AAn offboarding procedure is initiated monthly to determine redundant physical access rights

BLogs generated by smart locks are automatically scanned to identify anomalies in access patterns

CRequests for additional access rights are sent for approval and validation by direct supervisors

DAutomatic notifications are sent to a central security unit when employees enter the premises during nonwork hours

Answer : C

Question 5

An employee's mobile device used for work was stolen in a home burglary.

Which control, if already implemented by the organization, would best prevent unauthorized access to organizational data stored on the employee's device?

AAccess control via biometric authentication.

BAccess control via passcode authentication.

CAccess control via swipe pattern authentication.

DAccess control via security question authentication.

Answer : A

Question 6

Which of the following are the most common characteristics of big data?

AVisibility, validity, vulnerability

BVelocity, variety volume.

CComplexity completeness constancy

DContinuity, control convenience

Answer : B

Question 7

An organization is projecting sales of 100,000 units, at a unit price of $12. Unit variable costs are $7. If fixed costs are $350,000, what is the projected total contribution margin?

A$350,000

B$500,000

C$850,000

D$1,200,000

Answer : B

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