Free IIA-CIA-Part3 Exam Braindumps

- (Exam Topic 1)
The internal audit activity completed an initial risk analysis of the organization's data storage center and found several areas of concern. Which of the following is the most appropriate next step?

1. A. Risk response.
2. B. Risk identification.
3. C. Identification of context.
4. D. Risk assessment.

Correct Answer: D

- (Exam Topic 2)
Which of the following financial instruments should be recorded at fair market value on the financial statements?

1. A. Accounts receivable in the short term
2. B. Bonds to be held to maturity.
3. C. Notes receivable in the short term
4. D. Bonds to be held for sale in the short term.

Correct Answer: D

- (Exam Topic 2)
An internal auditor is assigned to perform data analytics. Which of the following is the next step the auditor should undertake after she has ascertained the value expected from the review?

1. A. Normalize the data
2. B. Obtain the data
3. C. identify the risks
4. D. Analyze the data

Correct Answer: D

- (Exam Topic 2)
Which of the following actions would senior management need to consider as pan of new IT guidelines regarding the organization's cybersecurity policies?

1. A. Assigning new roles and responsibilities for senior IT management.
2. B. Growing use of bring your own devices tor organizational matters
3. C. Expansion of operations into new markets with united IT access
4. D. Hiring new personnel within the IT department tor security purposes

Correct Answer: D

- (Exam Topic 1)
Organizational activities that complement each other and create a competitive advantage are called a:

1. A. Merger.
2. B. Strategic fit.
3. C. Joint venture.
4. D. Strategic goal.

Correct Answer: B