IIA-CIA-Part3 Free Practice Test

- (Exam Topic 1)
Which of the following is the best approach to overcome entry barriers into a new business?

1. A. Offer a standard product that is targeted in the recognized market.
2. B. Invest in commodity or commodity-like product businesses.
3. C. Enter into a slow-growing market.
4. D. Use an established distribution relationship.

Correct Answer: D

- (Exam Topic 2)
When management uses the absorption costing approach, fixed manufacturing overhead costs are classified as which of the following types of costs?

1. A. Direct product costs
2. B. Indirect product costs
3. C. Direct period costs
4. D. Indirect period costs.

Correct Answer: A

- (Exam Topic 1)
During a review of a web-based application used by customers to check the status of their bank accounts, it would be most important for the internal auditor to ensure that:

1. A. Access to read application logs is restricted to authorized users.
2. B. Account balance information is encrypted in the database.
3. C. The web server used to host the application is located in a physically secure area.
4. D. Sensitive data, such as account numbers, are submitted using encrypted communications.

Correct Answer: D

- (Exam Topic 1)
Which audit approach should be employed to test the accuracy of information housed in a database on an un-networked computer?

1. A. Submit batches of test transactions through the current system and verify with expected results.
2. B. Use a test program to simulate the normal data entering process.
3. C. Select a sample of records from the database and ensure it matches supporting documentation.
4. D. Evaluate compliance with the organization's change management process.

Correct Answer: C

- (Exam Topic 2)
Which of the following options correctly defines a transmission control protocol/Internet protocol (TCP/IP)?

1. A. System software that acts as an interface between a user and a computer.
2. B. A standardized set of guidelines that facilitates communication between computers on different networks.
3. C. System software that translates hypertext markup language to allow users to view a remote webpage.
4. D. A network of servers used to control a variety of mission-critical operations.

Correct Answer: B