IIA-CIA-Part3-3P Exam Questions - Real Practice Questions for Guaranteed Success

Question 1

Which of following best demonstrates the application of the cost principle?

AA company reports trading and investment securities at their market cost.

BA building purchased last year for $1 million is currently worth $1.2 million, but the company still reports the building at $1 million.

CA building purchased last year for $1 million is currently worth $1.2 million, and the company adjusts the records to reflect the current value.

DA company reports assets at either historical or fair value, depending which is closer to market value.

Correct : D

Options Selected by Other Users:

Mark Question:

Start a Discussions

Submit Your Answer:

AA company reports trading and investment securities at their market cost.

BA building purchased last year for $1 million is currently worth $1.2 million, but the company still reports the building at $1 million.

CA building purchased last year for $1 million is currently worth $1.2 million, and the company adjusts the records to reflect the current value.

DA company reports assets at either historical or fair value, depending which is closer to market value.

0 / 1500

Question 2

A multinational organization allows its employees to access work email via personal smart devices. However, users are required to consent to the installation of mobile device management (MDM) software

that will remotely wipe data in case of theft or other incidents.

Which of the following should the organization ensure in exchange for the employees' consent?

AThat those employees who do not consent to MDM software cannot have an email account.

BThat personal data on the device cannot be accessed and deleted by system administrators.

CThat monitoring of employees' online activities is conducted in a covert way to avoid upsetting them.

DThat employee consent includes appropriate waivers regarding potential breaches to their privacy.

Correct : D

Options Selected by Other Users:

Mark Question:

Start a Discussions

Submit Your Answer:

AThat those employees who do not consent to MDM software cannot have an email account.

BThat personal data on the device cannot be accessed and deleted by system administrators.

CThat monitoring of employees' online activities is conducted in a covert way to avoid upsetting them.

DThat employee consent includes appropriate waivers regarding potential breaches to their privacy.

0 / 1500

Question 3

Which of the following IT professionals is responsible for providing maintenance to switches and routers to keep IT systems running as intended?

AData center operations manager.

BResponse and support team.

CDatabase administrator.

DNetwork administrator.

Correct : D

Options Selected by Other Users:

Mark Question:

Start a Discussions

Submit Your Answer:

AData center operations manager.

BResponse and support team.

CDatabase administrator.

DNetwork administrator.

0 / 1500

Question 4

Which of the following is an example of a physical control designed to prevent security breaches?

APreventing database administrators from initiating program changes.

BBlocking technicians from getting into the network room.

CRestricting system programmers' access to database facilities.

DUsing encryption for data transmitted over the public internet.

Correct : C

Options Selected by Other Users:

Mark Question:

Start a Discussions

Submit Your Answer:

APreventing database administrators from initiating program changes.

BBlocking technicians from getting into the network room.

CRestricting system programmers' access to database facilities.

DUsing encryption for data transmitted over the public internet.

0 / 1500

Question 5

Which of the following can be classified as debt investments?

AInvestments in the capital stock of a corporation.

BAcquisition of government bonds.

CContents of an investment portfolio.

DAcquisition of common of a stock corporation.

Correct : B

Options Selected by Other Users:

Mark Question:

Start a Discussions

Submit Your Answer:

AInvestments in the capital stock of a corporation.

BAcquisition of government bonds.

CContents of an investment portfolio.

DAcquisition of common of a stock corporation.

0 / 1500

Master IIA-CIA-Part3-3P Exam with Reliable Practice Questions

Options Selected by Other Users:

Options Selected by Other Users:

Options Selected by Other Users:

Options Selected by Other Users:

Options Selected by Other Users: