IIA IIA-CIA-Part3 Practice Test - Questions Answers, Page 26

At an organization that uses a periodic inventory system, the accountant accidentally understated the organization s beginning inventory. How would the accountant's accident impact the income statement?

With increased cybersecurity threats, which of the following should management consider to ensure that there is strong security governance in place?

Management has established a performance measurement focused on the accuracy of disbursements. The disbursement statistics, provided daily to ail accounts payable and audit staff, include details of payments stratified by amount and frequency. Which of the following is likely to be the greatest concern regarding this performance measurement?

In accounting, which of the following statements is true regarding the terms debit and credit?

A manager at a publishing company received an email that appeared to be from one of her vendors with an attachment that contained malware embedded in an Excel spreadsheet . When the spreadsheet was opened, the cybercriminal was able to attack the company's network and gain access to an unpublished and highly anticipated book. Which of the following controls would be most effective to prevent such an attack?

Which of the following statements is true regarding change management?

Which of the following organization structures would most likely be able to cope with rapid changes and uncertainties?

An organization had a gross profit margin of 40 percent in year one and in year two. The net profit margin was 18 percent in year one and 13 percent in year two. Which of the following could be the reason for the decline in the net profit margin for year two?

Which of the following statements is true regarding user developed applications (UDAs) and traditional IT applications?