IIA-CIA-PART3 practice questions 11–20

1. Question 11 · 336 in bank

   Which of the following activities most significantly increases the risk that a bank will make poor-quality loans to its customers?

   • ABorrowers may not sign all required mortgage loan documentation.
   • BFees paid by the borrower at the time of the loan may not be deposited in a timely manner.
   • CThe bank's loan documentation may not meet the government's disclosure requirements.
   • DLoan officers may override the lending criteria established by senior management.

   Show answer

   Answer: D

   Next question

2. Question 12 · 336 in bank

   Which of the following authentication device credentials is the most difficult to revoke when an employee's access rights need to be removed?

   • AA traditional key lock.
   • BA biometric device.
   • CA card-key system.
   • DA proximity device.

   Show answer

   Answer: B

   Next question

3. Question 13 · 336 in bank

   Which of the following IT-related activities is most commonly performed by the second line of defense?

   • ABlock unauthorized traffic.
   • BEncrypt data.
   • CReview disaster recovery test results.
   • DProvide independent assessment of IT security.

   Show answer

   Answer: D

   Next question

4. Question 14 · 336 in bank

   Which of the following steps should an internal auditor take during an audit of an organization's business continuity plans? 1. Evaluate the business continuity plans for adequacy and currency. 2. Prepare a business impact analysis regarding the loss of critical business. 3. Identify key personnel who will be required to implement the plans. 4. Identify and prioritize the resources required to support critical business processes.

   • A1 only
   • B2 and 4 only
   • C1, 3, and 4 only
   • D1, 2, 3, and 4

   Show answer

   Answer: A

   Next question

5. Question 15 · 336 in bank

   With regard to disaster recovery planning, which of the following would most likely involve stakeholders from several departments?

   • ADetermining the frequency with which backups will be performed.
   • BPrioritizing the order in which business systems would be restored.
   • CAssigning who in the IT department would be involved in the recovery procedures.
   • DAssessing the resources needed to meet the data recovery objectives.

   Show answer

   Answer: B

   Next question

6. Question 16 · 336 in bank

   An internal auditor observed that the organization's disaster recovery solution will make use of a cold site in a town several miles away. Which of the following is likely to be a characteristic of this disaster recovery solution?

   • AData is synchronized in real time.
   • BRecovery time is expected to be less than one week.
   • CServers are not available and need to be procured.
   • DRecovery resources and data restore processes have not been defined.

   Show answer

   Answer: C

   Next question

7. Question 17 · 336 in bank

   Which of the following engagement observations would provide the least motivation for management to amend or replace an existing cost accounting system?

   • AThe distorted unit cost of a service is 50 percent lower than the true cost, while the true cost is 50 percent higher than the competition's cost.
   • BThe organization is losing $1,000,000 annually because it incorrectly outsourced an operation based on information from its current system.
   • CThe cost of rework, hidden by the current system, is 50 percent of the total cost of all services.
   • D50 percent of total organizational cost has been allocated on a volume basis.

   Show answer

   Answer: D

   Next question

8. Question 18 · 336 in bank

   Which of the following control techniques would minimize the risk of interception during transmission in an electronic data interchange system? 1. Encryption. 2. Traffic padding. 3. Edit checks. 4. Structured data format.

   • A1 and 2 only
   • B2 and 3 only
   • C3 and 4 only
   • D1, 2, and 3 only

   Show answer

   Answer: A

   Next question

9. Question 19 · 336 in bank

   During her annual performance review, a sales manager admits that she experiences significant stress due to her job but stays with the organization because of the high bonuses she earns. Which of the following best describes her primary motivation to remain in the job?

   • AIntrinsic reward.
   • BJob enrichment.
   • CExtrinsic reward.
   • DThe hierarchy of needs.

   Show answer

   Answer: C

   Next question

10. Question 20 · 336 in bank

    What kind of strategy would be most effective for an organization to adopt in order to implement a unique advertising campaign for selling identical product lines across all of its markets?

    • AExport strategy.
    • BTransnational strategy.
    • CMulti-domestic strategy.
    • DGlobalization strategy.

    Show answer

    Answer: D

    Next question

Keyboard:J Kmove between questionsA–Dselect an answerRshow or hide the answer← →change page

IIA-CIA-PART3 practice, question 11. 336 questions available.