Practice IIA-CIA-Part3-3P-CHS Exam Online

Question 1

Management has decided to change the organizational structure from one that was previously decentralized to one that is now highly centralized. As such, which of the following would be a characteristic of the now highly centralized organization?

A : Top management does little monitoring of the decisions made at lower levels

B : The decisions made at the lower levels of management are considered very important.

C : Decisions made at lower levels in the organizational structure are few

D : Reliance is placed on top management decision making by few of the organization's departments

Answer: D

Question 2

Which of the following security controls would be the most effective in preventing security breaches?

A : Approval of identity request.

B : Access logging.

C : Monitoring privileged accounts.

D : Audit of access rights.

Answer: D

Question 3

According to the COSO enterprise risk management (ERM) framework, which of the following is not a typical responsibility of the chief risk officer?

A : Establishing risk category definitions and a common risk language for likelihood and impact measures.

B : Defining ERM roles and responsibilities.

C : Providing the board with an independent, objective risk perspective on financial reporting.

D : Guiding integration of ERM with other management activities.

Answer: C

Question 4

An organization upgraded to a new accounting software. Which of the following activities should be performed by the IT software vendor immediately following the upgrade?

A : Market analysis to identify trends.

B : Services to manage and maintain the IT infrastructure.

C : Backup and restoration.

D : Software testing and validation

Answer: C

Question 5

When developing an effective risk-based plan to determine audit priorities, an internal audit activity should start by:

A : Identifying risks to the organization's operations.

B : Observing and analyzing controls.

C : Prioritizing known risks.

D : Reviewing organizational objectives.

Answer: D

Name:	Certified Internal Auditor - Part 3, Internal Audit Knowledge Elements
Exam Code:	IIA-CIA-Part3-3P-CHS
Certification:	Certified Internal Auditor
Vendor:	IIA
Total Questions:	628
Last Updated:	May 02, 2024

IIA IIA-CIA-Part3-3P-CHS