The Best IIA IIA-ACCA Study Guides and Dumps of 2021
Top IIA IIA-ACCA Exam Audio Study Guide! Practice Questions Edition
NEW QUESTION 12
A large hospital has an existing contract with a vendor in another country to provide software support and maintenance of the hospital's patient records information system. From the hospital management's perspective, which of the following controls would be most effective to address privacy risks related to this outsourcing arrangement^
- A. Implement mandatory privacy training for management to help with identifying privacy risks when outsourcing services
- B. Include a "right to audit" clause in the contract and impose detailed security obligations on the outsourced vendor
- C. Develop an incident monitoring and response plan to track breaches from internal and external sources
- D. Conduct periodic reviews of the privacy policy to ensure that the existing policy meets current legislation requirements in both regions.
Answer: D
NEW QUESTION 13
International marketing activities often begin with:
- A. Domestic marketing.
- B. Standardization.
- C. Global marketing.
- D. Limited exporting.
Answer: D
NEW QUESTION 14
An organization has started allowing employees to use their personal smart devices to accept vendor payments. What should the organization's bring-your-own-device (BYOD) policy include to specifically address security and privacy required by the Payment Card Data Security Standard (PCI DSS)?
- A. Approved devices
- B. Data storage.
- C. Mobile applications
- D. Backups and transfers
Answer: B
NEW QUESTION 15
Which of the following factors is most likely to lead to a lack of cohesiveness in a project team?
- A. Small size.
- B. Common threat
- C. Prestige
- D. Competition
Answer: C
NEW QUESTION 16
An internal control questionnaire would be most appropriate in which of the following situations?
- A. Testing controls in high risk areas.
- B. Testing controls in decentralized offices.
- C. Testing controls where operating procedures vary.
- D. Testing controls in areas with high control failure rates.
Answer: B
NEW QUESTION 17
An internal auditor is trying to assess control risk and the effectiveness of an organization's internal controls.
Which of the following audit procedures would not provide assurance to the auditor on this matter?
- A. Inspecting manuals and documents.
- B. Observing the organization's operations.
- C. Interviewing the organization's employees.
- D. Reading the board's minutes.
Answer: D
NEW QUESTION 18
Which of the following is a characteristic of just-in-time inventory management systems?
- A. They do not really increase overall economic efficiency because they merely shift inventory levels further up the supply chain.
- B. Users determine the optimal level of safety stocks.
- C. They are applicable only to large organizations.
- D. They rely heavily on high quality materials.
Answer: D
NEW QUESTION 19
Which of the following is not included in the process of user authentication?
- A. Identification.
- B. Verification.
- C. Validation.
- D. Authorization.
Answer: D
NEW QUESTION 20
Refer to the exhibit.
A company's financial balance sheet is presented below:
The company has net working capital of:
- A. $210
- B. $490
- C. $160
- D. $350
Answer: A
NEW QUESTION 21
Which of the following is always true regarding the use of encryption algorithms based on public key infrastructure (PKI)?
- A. The private key uniquely authenticates each party to a transaction.
- B. PKI's public accessibility allows it to be used readily for e-commerce.
- C. The public key is authenticated against reliable third-party identification.
- D. PKI uses an independent administrator to manage the public key.
Answer: A
NEW QUESTION 22
Which of the following control techniques would minimize the risk of interception during transmission in an electronic data interchange system?
1. Encryption.
2. Traffic padding.
3. Edit checks.
4. Structured data format.
- A. 1 and 2 only
- B. 2 and 3 only
- C. 3 and 4 only
- D. 1, 2, and 3 only
Answer: A
NEW QUESTION 23
Which of the following statements regarding database management systems is not correct?
- A. Database management systems handle data manipulation inside the tables, rather than it being done by the operating system itself in files.
- B. The data within the database management system can only be manipulated directly by the database management system administrator.
- C. The database management system acts as a layer between the application software and the operating system.
- D. Applications pass on the instructions for data manipulation which are then executed by the database management system.
Answer: B
NEW QUESTION 24
Faced with a complex, highly technical construction audit engagement, the chief audit executive (CAE) considered complementing the current internal audit resources by engaging the services of a civil engineer.
Which of the following should the CAE consider in determining whether the engineer possesses the necessary skills to perform the engagement?
1. Professional certification, license, or other recognition of the engineer's competence in the relevant discipline.
2. Experience of the engineer in the type of work being considered.
3. Compensation or other incentives that the engineer may receive.
4. The extent of other ongoing services that the engineer may be performing for the organization.
- A. 1, 2, and 4 only
- B. 2 and 3 only
- C. 1 and 4 only
- D. 3 and 4 only
Answer: A
NEW QUESTION 25
Which of the following performance measures would be appropriate for evaluating an investment center, which has responsibility for its revenues, costs, and investment base, but would not be appropriate for evaluating cost, revenue, or profit centers?
- A. Residual income.
- B. Variance analysis.
- C. A flexible budget.
- D. A contribution margin income statement by segment.
Answer: A
NEW QUESTION 26
Which of the following best describes the four components of a balanced scorecard?
- A. Customers, support, critical success factors, and learning.
- B. Customers, innovation, growth, and internal processes.
- C. Financial measures, learning and growth, customers, and internal processes.
- D. Business objectives, critical success factors, innovation, and growth.
Answer: C
NEW QUESTION 27
According to IIA guidance, which of the following statements is true regarding analytical procedures?
- A. Analytical procedures can be used to identify unexpected differences but cannot be used to identify the absence of differences
- B. Data relationships cannot include comparisons between operational and statistical data
- C. Analytical procedures are intended primarily to ensure the accuracy of the information being examined.
- D. Data relationships are assumed to exist and to continue where no known conflicting conditions exist.
Answer: D
NEW QUESTION 28
In the current year, a merchandising organization had an inventory turnover ratio of 3.0, which was less than the industry average of 6.5. Which of the following offers the most likely explanation for this difference?
- A. The organization is holding obsolete or damaged items in its inventory
- B. The organization has understated the amount of inventory in its financial statements
- C. The organization experienced an unexpectedly large increase in sales shortly before year end.
- D. The organization has overstated the cost of purchases in its financial statements.
Answer: A
NEW QUESTION 29
......
IIA IIA-ACCA Exam Syllabus Topics:
| Topic | Details |
|---|---|
| Topic 1 |
|
| Topic 2 |
|
| Topic 3 |
|
| Topic 4 |
|
| Topic 5 |
|
| Topic 6 |
|
| Topic 7 |
|
| Topic 8 |
|
Valid IIA-ACCA Exam Updates - 2021 Study Guide: https://www.passleader.top/IIA/IIA-ACCA-exam-braindumps.html
IIA-ACCA Certification - The Ultimate Guide: https://drive.google.com/open?id=1flU2qcosC3T8RFBr4aKByW9z0uXmq9vK