IIA IIA-CIA-Part3 Quiz 72 Topic 1 Questions 356-360

Question: 1

Which of the following cybersecurity-related activities is most likely to be performed by the second line of defense?

ADeploy intrusion detection systems and conduct penetration testing

BAdminister security procedures, training, and testing.

CMonitor incidents, key risk indicators, and remediation

Dimplement vulnerability management with internal and external scans.

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Question: 2

During an audit of the organization's annual financial statements, the internal auditor notes that the current cost of goods sold percentage is substantially higher than in prior years. Which of the following is the most likely explanation for this increase?

ACost of raw material inventory items is decreasing.

BProcess to manufacture goods is more efficient.

CLabor productivity to produce goods is increasing.

DWrite-off of inventory is increasing.

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Question: 3

Which of the following statements is true regarding an organization's inventory valuation1?

AThe valuation will be incorrect it the inventory includes goods m transit shipped free on board (FOB) destination to another organization

BThe valuation will be correct if the inventory includes goods received on consignment from another organization

CThe valuation will be incorrect it the inventory includes goods in transit shipped FOB shipping point from another organization

DThe valuation will be correct it the inventory includes goods sent on consignment to another
organization

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Question: 4

Data encryption is an example of which of the following controls?

AApplication control.

BIT general control

CData input control

DData output control

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Question: 5

A rapidly expanding retail organization continues to be tightly controlled by its original small management team. Which of the following is a potential risk in this vertically centralized organization?

ALack of coordination among different business units.

BOperational decisions are inconsistent with organizational goals.

CSuboptimal decision-making.

DDuplication of business activities.

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IIA IIA-CIA-Part3 Quiz:72 Topic:1 Questions:356-360