Free IIA-CIA-Part3 Exam Dumps

Question 31

- (Exam Topic 1)
Which of the following costs would be incurred in an inventory stockout?

A. Lost sales, lost customers, and backorder.
B. Lost sales, safety stock, and backorder.
C. Lost customers, safety stock, and backorder.
D. Lost sales, lost customers, and safety stock.

Correct Answer:A

Question 32

- (Exam Topic 2)
An organization's network administrator received an email that appeared to come from the organization's external IT service provider requesting his credentials to perform an update of a server operating system If the IT service provider did not send the email, which of the following best describes the likely purpose of the email?

A. An attempt at phishing.
B. An attempt at penetration testing
C. An attempt to patch the server
D. An attempt to launch malware

Correct Answer:A

Question 33

- (Exam Topic 1)
Which of the following should an organization consider when developing strategic objectives for its business processes?
* 1. Contribution to the success of the organization.
* 2. Reliability of operational information.
* 3. Behaviors and actions expected of employees.
* 4. How inputs combine with outputs to generate activities.

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

Correct Answer:B

Question 34

- (Exam Topic 1)
An organization decided to install a motion detection system in its warehouse to protect against after-hours theft. According to the COSO enterprise risk management framework, which of the following best describes this risk management strategy?

A. Avoidance.
B. Reduction.
C. Elimination.
D. Sharing.

Correct Answer:B

Question 35

- (Exam Topic 1)
Which of the following is a role of the board of directors in the governance process?

A. Conduct periodic assessments of the organization's governance systems.
B. Obtain assurance concerning the effectiveness of the organization's governance systems.
C. Implement an effective system of internal controls to support the organization's governance systems.
D. Review and approve operational goals and objectives.

Correct Answer:B