Free IIA-CIA-Part3 Exam Dumps

Question 11

- (Exam Topic 2)
An organization has a complex systems infrastructure consisting of multiple internally developed, off the shelf, and purchased but significantly customized applications. Some of these applications share databases or process data that is used by another stand-alone application, and interfaces have been written to move data between these applications as needed through batch processing Which of the following situations presents the greatest risk exposure given this environment?

A. Documentation of each system and its interactions, interfaces, and dependencies with other systems and databases is not gathered and maintained.
B. Batch processing jobs include key financial data that is not posted to the accounting system until the next da
C. preventing real-time queries.
D. The job scheduling tool frequently malfunctions, causing scheduled jobs not to ru
E. An error message is sent to IT personnel when a job fails.
F. The implementation of a major update for a key application is delayed until any potential interdependencies are identified and analyzed.

Correct Answer:A

Question 12

- (Exam Topic 1)
Which of the following statements about slack time and milestones are true?
* 1. Slack time represents the amount of time a task may be delayed without delaying the entire project.
* 2. A milestone is a moment in time that marks the completion of the project's major deliverables.
* 3. Slack time allows the project manager to move resources from one task to another to ensure that the project is finished on time.
* 4. A milestone requires resource allocation and needs time to be completed.

A. 1 and 4 only
B. 2 and 3 only
C. 1, 2, and 3 only
D. 1, 2, 3, and 4

Correct Answer:C

Question 13

- (Exam Topic 1)
Preferred stock is less risky for investors than is common stock because:

A. Common stock pays dividends as a stated percentage of face value.
B. Common stock has priority over preferred stock with regard to earnings and assets.
C. Preferred dividends are usually cumulative.
D. Preferred stock with no conversion feature has a higher dividend yield than does convertible preferred stock.

Correct Answer:C

Question 14

- (Exam Topic 1)
Which of the following professional organizations sets standards for quality and environmental audits?

A. The Committee of Sponsoring Organizations of the Treadway Commission.
B. The Board of Environmental, Health, and Safety Auditor Certifications.
C. The International Organization of Supreme Audit Institutions.
D. The International Standards Organization.

Correct Answer:D

Question 15

- (Exam Topic 2)
Which of the following assists in ensuring mat information exchanged over IT systems is encrypted?

A. Operating system
B. Utility software
C. Firewall
D. Application software

Correct Answer:C