Practice IIA-CIA-Part3-3P Exam Online

Question 1

Which of the following statements is correct regarding corporate compensation systems and related bonuses?

1. A bonus system should be considered part of the control environment of an organization and should be considered in formulating a report on internal control.

2. Compensation systems are not part of an organization's control system and should not be reported as such.

3. An audit of an organization's compensation system should be performed independently of an audit of the control system over other functions that impact corporate bonuses.

A : 1 only

B : 2 only

C : 3 only

D : 2 and 3 only

Answer: A

Question 2

Which of the following application controls, implemented by management, monitors data being processed to ensure the data remains consistent and accurate?

A : Management trail controls.

B : Output controls.

C : Integrity controls.

D : Input controls.

Answer: C

Question 3

Which of the following describes a typical desktop workstation used by most employees in their daily work?

A : Workstation contains software that prevents unauthorized transmission of information into and out of the organization's network.

B : Workstation contains software that controls information flow between the organization's network and the Internet.

C : Workstation contains software that enables the processing of transactions and is not shared among users of the organization's network.

D : Workstation contains software that manages user's access and processing of stored data on the organization's network.

Answer: C

Question 4

Which of the following statements is true regarding change management?

A : The degree of risk associated with a proposed change determines whether the change request requires authorization.

B : Program changes generally are developed and tested in the production environment.

C : Changes are only required by software programs.

D : To protect the production environment, changes must be managed in a repeatable, defined, and predictable manner.

Answer: D

Question 5

Which of the following controls would be most efficient to protect business data from corruption and errors?

A : Controls to ensure data is unable to be accessed without authorization

B : Controls to calculate batch totals to identify an error before approval

C : Controls to encrypt the data so that corruption is likely ineffective

D : Controls to quickly identify malicious intrusion attempts

Answer: C

Name:	CIA Exam Part Three: Business Knowledge for Internal Auditing
Exam Code:	IIA-CIA-Part3-3P
Certification:	Certified Internal Auditor
Vendor:	IIA
Total Questions:	628
Last Updated:	May 02, 2024

IIA IIA-CIA-Part3-3P