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IIA-CIA-PART3 Online Practice Questions and Answers

Questions 4

Using the leadership grid developed by Robert Blake and Jane Mouton where each axis has a scale of 1 to 9, a primary style of 9,9 would indicate:

A. Little concern for production or people (impoverished management).

B. Moderate concern for production and people to maintain status quo (middle-of-the-road management).

C. Great concern for production and people, trust, teamwork, and commitment (team management).

D. Primary concern for production, little concern for people (authority-compliance management).

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Questions 5

Tolerating silence, asking open-ended questions, and paraphrasing are three aids to more effective:

A. Meetings.

B. Listening.

C. Interviews.

D. Feedback.

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Questions 6

Which of the following is a structural factor that may lead to overbuilding in an industry?

A. The need to add capacity in large increments.

B. An increase in the minimum efficient scale of production.

C. An increase in competitive pressure on the suppliers of the firm.

D. Competitors are not integrated.

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Questions 7

For an engineering department with a total quality management program, important elements of quality management include all of the following except:

A. Basing performance evaluations on the number of projects completed.

B. Comparing results with those of other engineering departments.

C. Creating a quality council within the engineering department.

D. Conducting post-project surveys on performance.

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Questions 8

Which of the following is a major advantage of decentralized organizations, compared to centralized organizations?

A. Decentralized organizations are more focused on organizational goals.

B. Decentralized organizations streamline organizational structure.

C. Decentralized organizations tend to be less expensive to operate.

D. Decentralized organizations tend to be more responsive to market changes.

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Questions 9

What are the objectives of governance as defined by the Standards?

A. Inform, direct, manage, and monitor.

B. Identify, assess, manage, and control.

C. Organize, assign, authorize, and implement.

D. Add value, improve, assure, and conform.

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Questions 10

Which of the following capital budgeting techniques considers the expected total net cash flows from investment?

A. Cash payback.

B. Annual rate of return.

C. Incremental analysis.

D. Net present value.

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Questions 11

Which of the following statements is true regarding data backup?

A. System backups should always be performed real time.

B. Backups should be stored in a secured location onsite for easy access.

C. The tape rotation schedule affects how long data is retained.

D. Backup media should be restored only in case of a hardware or software failure.

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Questions 12

Which of the following cost of capital methods identifies the time period required to recover the cost of the capital investment from the annual inflow produced?

A. Cash payback technique.

B. Annual rate of return technique.

C. Internal rate of return method.

D. Net present value method.

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Questions 13

An internal auditor reviewed Finance Department records to obtain a list of current vendor addresses. The auditor then compared the vendor addresses to a record of employee addresses maintained by the Payroll Department.

Which of the following types of data analysis did the auditor perform?

A. Duplicate testing.

B. Joining data sources.

C. Gap analysis.

D. Classification.

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Exam Code: IIA-CIA-PART3
Exam Name: Certified Internal Auditor - Part 3 study guide with online review
Last Update: May 04, 2024
Questions: 931 Q&As

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