Free IIA IIA-CIA-Part3 Test Practice Test Questions Exam Dumps [Q54-Q74]

Q54. Which of the following are likely indicators of ineffective change management?
1. IT management is unable to predict how a change will impact interdependent systems or business processes.
2. There have been significant increases in trouble calls or in support hours logged by programmers.
3. There is a lack of turnover in the systems support and business analyst development groups.
4. Emergency changes that bypass the normal control process frequently are deemed necessary.

Q55. Company J produces two components: A-1 and A-2. The unit throughput contribution margins for A-1 and A-2 are US $150 and US $300, respectively. Each component must proceed through two processes: Operation 1 and Operation 2. The capacity of Operation 1 is 180 machine hours, with A-1 and A-2 requiring 1 hour and 3 hours, respectively.
Furthermore, Company J can sell only 45 units of A-1 and 100 units of A-2. However,
Company J is considering expanding Operation 1’s capacity by 90 machine hours at a cost of US $80 per hour. Assuming that Operation 2 has sufficient capacity to handle any additional output from Operation 1, how much should Company J produce?

Q56. An organization uses a database management system (DBMS) as a repository for data. The DBMS, in turn, supports a number of end-user developed applications which were created using fourth-generation programming languages. Some of the applications update the database. Which of the following is the most important control related to the integrity of the data in the database?

Q57. An analysis of inventory turnover in a store’s clothing department indicated extremely low turnover. Which of the following would most likely increase the turnover rate?

Q58. An international nonprofit organization finances medical research. The majority of its revenue and support comes from fundraising activities, investments, and specific grants from an initial sponsoring corporation. The organization has been in operation over 15 years and has a small internal audit department. The organization has just finished a major fundraising drive that raised US $500 million for the current fiscal period.
The following are selected data from recent financial statements (US dollar figures in millions): The auditor wishes to determine if the change in investment income during the current year was due to (a) changes in investment strategy, (b) changes in portfolio mix, or (c) other factors. Which of the following analytical review procedures should the auditor use?

Q59. During an internal audit engagement, numerous deficiencies in the organization’s management of customer data were discovered, entailing the risk of breaching personal data protection legislation. An improvement plan was approved by senior management. Which of the following conditions observed during the periodic follow-up process best justifies the chief audit executive’s decision to escalate the issue to the board?

Q60. The management of working capital is most crucial for which of the following aspects of business?

Q61. To keep costs at a minimum and decrease the completion time by 1-1/2 days, Networks, Inc. should crash activity)

Q62. Security of monetary transactions is one example of an audit objective for an e-commerce engagement. Which of the following is not an audit objective for an e-commerce engagement?

Q63. Refer to the exhibit.

If the profit margin of an organization decreases, and all else remains equal, which of the following describes how the “Funds Needed” line in the graph below will shift?

Q64. In the standard regression equation y- a + bx, how is the letter ￡> best described?

Q65. A software that translates hypertext markup language (HTML) documents and allows a user to view a remote web page is called:

Q66. Which of the following controls would be the most effective in preventing the disclosure of an organization’s confidential electronic information?

Q67. An internal auditor is reviewing physical and environmental controls for an IT organization.
Which control activity should not be part of this review?

Q68. An organization is considering the outsourcing of its business processes related to payroll and information technology functions. Which of the following is the most significant area of concern for management regarding this proposed agreement?

Q69. Which of the following is not a required element of a contract?

Q70. If a series of profit lines for and Y are drawn on the graph, the mix of G and Y that will result in the maximum profit can be determined from:

Q71. A company produces water buckets with the following costs per bucket:
Direct labor = 82
Direct material = $5
Fixed manufacturing = 83.50
Variable manufacturing = 82.50
The water buckets are usually sold for $15. However, the company received a special order for 50.000 water buckets at 311 each.
Assuming there is adequate manufacturing capacity and ail other variables are constant , what is the relevant cost per unit to consider when deciding whether to accept this special order at the reduced price?

Q72. An internal auditor is reviewing the organization’s performance appraisal process. Which of the following methods would be most effective to identify stereotyping?

Q73. Which of the following represents an internal control weakness in a computer-based system?

Q74. An organization has instituted a bring-your-own-device (BYOD) work environment. Which of the following policies best addresses the increased risk to the organization’s network incurred by this environment?