Free IIA-CIA-Part3 Exam Braindumps

- (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 1)
Which of the following factors would reduce dissatisfaction for a management trainee but would not particularly motivate the trainee?

1. A. A sense of achievement.
2. B. Promotion.
3. C. Recognition.
4. D. An incremental increase in salary.

Correct Answer: D

- (Exam Topic 2)
Which of the following types of analytics focuses less on analysis and more on condensing data into mote meaningful pieces of information?

1. A. Diagnostic analytics
2. B. Descriptive analytics
3. C. Prescriptive analytics
4. D. Predictive analytics

Correct Answer: C

- (Exam Topic 1)
Which of the following is the most likely reason an organization may decide to undertake a stock split?

1. A. To keep stock price constant.
2. B. To keep shareholders' equity constant.
3. C. To increase shareholders' equity.
4. D. To enhance the stock liquidity.

Correct Answer: D

- (Exam Topic 2)
According to MA guidance on IT. which of the following would be considered a primary control for a spreadsheet to help ensure accurate financial reporting?

1. A. Formulas and static data are locked or protected.
2. B. The spreadsheet is stored on a network server that is backed up daily.
3. C. The purpose and use of the spreadsheet are documented.
4. D. Check-in and check-out software is used to control versions.

Correct Answer: A