IIA-CIA-Part3 Free Practice Test

- (Exam Topic 1)
Which of the following are appropriate functions for an IT steering committee?
* 1. Assess the technical adequacy of standards for systems design and programming.
* 2. Continually monitor of the adequacy and accuracy of software and hardware in use.
* 3. Assess the effects of new technology on the organization`s IT operations.
* 4. Provide broad oversight of implementation, training, and operation of new systems.

1. A. 1, 2, and 3
2. B. 1, 2, and 4
3. C. 1, 3, and 4
4. D. 2, 3, and 4

Correct Answer: D

- (Exam Topic 2)
In an organization's established accounts payable department employees perform highly structured activities follow clearly defined procedures and have strict deadlines for performing their tasks The head of the department recently retired, and a new department head was hired To achieve the greatest benefit for this department and avoid redundancy the new leader should adopt which of the following leadership styles?

1. A. Achievement-oriented style
2. B. People-oriented style
3. C. Goal-oriented style
4. D. Task-oriented style

Correct Answer: C

- (Exam Topic 2)
Which of the following is the most effective control to prevent unauthorized entrance of a former employee of the organization?

1. A. Revoking the former employee's biometrics from the entrance systems
2. B. Installing security guards who have undergone a background check at all entrances.
3. C. Installing multiple high-powered surveillance cameras throughout the organization
4. D. Keeping doors locked and accessible with a key that is provided only to employees

Correct Answer: A

- (Exam Topic 2)
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?

1. A. The organization has understated the amount of inventory in its financial statements
2. B. The organization has overstated the cost of purchases in its financial statements.
3. C. The organization is holding obsolete or damaged items in its inventory
4. D. The organization experienced an unexpectedly large increase in sales shortly before year end.

Correct Answer: C

- (Exam Topic 1)
According to the International Professional Practices Framework, internal auditors who are assessing the adequacy of organizational risk management processes should not:

1. A. Recognize that organizations use different techniques for managing risk.
2. B. Seek assurance that the key objectives of the risk management processes are being met.
3. C. Determine and accept the level of risk for the organization.
4. D. Treat the evaluation of risk management processes differently from the risk analysis used to plan audit engagements.

Correct Answer: C