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Which of the following methods, if used in conjunction with electronic data interchange (EDI), will improve the organization's cash management program, reduce transaction data input time and errors, and allow the organization to negotiate discounts with EDI vendors based on prompt payment?
During the last year, an organization had an opening inventory of $300,000, purchases of $980,000, sales of $1,850,000, and a gross margin of 40 percent. What is the closing inventory if the periodic inventory system is used?
Which of the following is true regarding an organization's relationship with external stakeholders?
During which phase of disaster recovery planning should an organization identify the business units, assets, and systems that are critical to continuing an acceptable level of operations?
Which of the following statements is true regarding the risks associated with the increased use of smart devices at work?
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?
Which of the following must be adjusted to index a progressive tax system to inflation?
Maintenance cost at a hospital was observed to increase as activity level increased. The following data was gathered:
Activity Level -
Maintenance Cost
Month
Patient Days
January
5,600
$7,900
February
7,100
$8,500
March
5,000
$7,400
April
6,500
$8,200
May
7,300
$9,100
June
8,000
$9,800
If the cost of maintenance is expressed in an equation, what is the independent variable for this data?
Which of the following is the best approach to overcome entry barriers into a new business?
When granting third parties temporary access to an entity's computer systems, which of the following is the most effective control?
Which of the following is the best reason for considering the acquisition of a nondomestic organization?
An organization is considering mirroring the customer data for one regional center at another center. A disadvantage of such an arrangement would be:
Which of the following performance measures would be appropriate for evaluating an investment center, which has responsibility for its revenues, costs, and investment base, but would not be appropriate for evaluating cost, revenue, or profit centers?
An employee's mobile device used for work was stolen in a home burglary.
Which control, if already implemented by the organization, would best prevent unauthorized access to organizational data stored on the employee's device?
According to IIA guidance, which of the following would be the best first step to manage risk when a third party is overseeing the organization's network and data?
According to HerzBerg's Two-Factor Theory of Motivation, which of the following factors ate mentioned most often By satisfied employees?
Which of the following types of budgets will best provide the basis for evaluating the organization's performance?
Which of the following is an example of a key systems development control typically found in the in-house development of an application system?
A manager who is authorized to make purchases up to a certain dollar amount approves the set-up of a fictitious vendor and subsequently initiates purchase orders.
Which of the following controls would best address this risk?
Which of the following should software auditors do when reporting internal audit findings related to enterprise wide resource planning?
Which of the following statements is true with regard to information protection?
Which of the following security controls would provide the most efficient and effective authentication for customers to access their online shopping account?
An organization has received funding to continue a program that utilizes an in-house Due to new legislative requirements the application will require additional features to capture information not previously collected Which of the following is the most critical for completing this specific project?
For employees, the primary value of implementing job enrichment is which of the following?
Which of the following IT operational areas is responsible for the integrity of data flow within an
organization?
The board of directors wants to implement an incentive program for senior management that is specifically tied to the long-term health of the organization.
Which of the following methods of compensation would be best to achieve this goal?
In an organization's established accounts payable department employees perform highly structured activities follow clearly defined procedures and have strict deadlines for performing their tasks The head of the department recently retired, and a new department head was hired To achieve the greatest benefit for this department and avoid redundancy the new leader should adopt which of the following leadership styles?
Which of me following responsibilities would ordinary fall under the help desk function of an organization?
With regard to disaster recovery planning, which of the following would most likely involve stakeholders from several departments?
Which of the following statements is true regarding reversing entries in an accounting cycled
An organization accomplishes its goal to obtain a 40 percent share of the domestic market, but is unable to get the desired return on investment and output per hour of labor. Based on this information the organization is most likely focused on which of the following?
Which of the following corporate social responsibility strategies is likely to be most effective in minimizing confrontations with influential activists and lobbyists?
According to IIA guidance on IT auditing, which of the following would not be an area examined by the internal audit activity?
Which of the following strategies would most likely prevent an organization from adjusting to evolving industry market conditions?
In which type of business environment are price cutting strategies and franchising strategies most appropriate?
Which of the following is the primary benefit of including end users in the system development process?
Which of the following engagement observations would provide the least motivation for management to amend or replace an existing cost accounting system?
Which of the following are likely indicators of ineffective change management?
1) IT management is unable to predict how a change will impact interdependent systems or business processes.
2) There have been significant increases in trouble calls or in support hours logged by programmers.
3) There is a lack of turnover in the systems support and business analyst development groups.
4) Emergency changes that bypass the normal control process frequently are deemed necessary.
Which of the following attributes of data is the most significantly impacted by the internet of things?
An internal auditor computed that one of the organization's accounting divisions is processing 30 travel reports per hour while another accounting division is processing 22 travel reports per hour.
Which of the following efficiency measures did the internal auditor most likely employ?
Which of the following is a characteristic of using a hierarchical control structure?
Which of me following application controls is the most dependent on the password owner?
A restaurant deeded to expand its business to include delivery services rather than relying on third-party food delivery services. Which of the following best describes the restaurant's strategy?
Which of the following practices circumvents administrative restrictions on smart devices, thereby increasing data security risks?
What would be the effect if an organization paid one of its liabilities twice during the year in error?
An organization's account for office supplies on hand had a balance of S9,000 at the end of year one. During year two. the organization recorded an expense of $45,000 for purchasing office supplies. At the end of year two. a physical count determined that the organization has $11,500 in office supplies on hand. Based on this information, what would be recorded in the adjusting entry at the end of year two?
According to HA guidance or IT which of the following spreadsheets is most likely to be considered a high-risk user-develop application?
During a review of the accounts payable process, an internal auditor gathered all of the vendor payment transactions for the past 24 months. The auditor then used an analytics tool to identify the top five vendors that received the highest sum of payments.
Which of the following analytics techniques did the auditor apply?
Which of the following application controls verifies the accuracy of transaction results in a system?
When attempting to devise creative solutions to problems, team members initially should do which of the following?
In which of the following plans is an employee most likely to find guidance on action and performance standards?
Which of the following security controls focuses most on prevention of unauthorized access to the power plant?
When applied to international economics, the theory of comparative advantage proposes that total worldwide output will be greatest when:
Which of the following statements regarding database management systems is not correct?
Which of the following activities most significantly increases the risk that a bank will make poor-quality loans to its customers?
Where complex problems need to be addressed, which of the following communication networks would be most appropriate?
According to the waterfall cycle approach to systems development, which of the following sequence of events is correct?
According to IIA guidance, which of the following corporate social responsibility (CSR) activities is appropriate for the internal audit activity to perform?
For an engineering department with a total quality management program, important elements of quality management include all of the following except:
An internationally recognized brand name is an entrance barrier to new competitors because new competitors would:
TESTED 24 Nov 2024