Free IIA-CIA-Part3 Exam Braindumps

- (Exam Topic 2)
An internal auditor is assessing the risks related to an organization's mobile device pokey She notes that the organization allows third parties (vendors and visitors) to use outside smart devices to access its proprietary networks and systems Which of the following types of smart device risks should the internal auditor be most concerned about'

1. A. Compliance
2. B. Privacy
3. C. Strategic
4. D. Physical security.

Correct Answer: A

- (Exam Topic 1)
In creating a risk-based plan, which of the following best describes a top-down approach to understanding business processes?

1. A. Identifying the processes at the activity level.
2. B. Analyzing the organization's strategic plan where the business processes are defined.
3. C. Analyzing the organization's objectives and identifying the processes needed to achieve the objectives.
4. D. Identifying the risks affecting the organization, the objectives, and then the processes concerned.

Correct Answer: C

- (Exam Topic 1)
Unsecured loans are loans:

1. A. That do not have to be repaid for over one year.
2. B. That appear to be too risky for most lenders to consider.
3. C. Granted on the basis of a company's credit standing.
4. D. Backed by mortgaged assets.

Correct Answer: C

- (Exam Topic 2)
Which of the following statements is true regarding cost-volume-profit analysis?

1. A. Contribution margin is the amount remaining from sales revenue after fixed expenses have been deducted.
2. B. Breakeven point is the amount of units sold to cover variable costs.
3. C. Breakeven occurs when the contribution margin covers fixed costs
4. D. Following breakeven, net operating income will increase by the excess of fixed costs less the variable costs per units sold

Correct Answer: C

- (Exam Topic 2)
In which of the following plans is an employee most likely to find guidance on action and performance standards?

1. A. Operational plans.
2. B. Tactical plans.
3. C. Strategic plans.
4. D. Mission plans.

Correct Answer: A