IIA-CIA-Part3 Exam Dumps : Business Knowledge for Internal Auditing

Management must ensure information storage systems are appropriately defined and processes to update critical data elements are clear.

External auditors must ensure that analytical models are periodically monitored and maintained.

The board must implement controls around data quality dimensions to ensure that they are effective.

Internal auditors must ensure the quality and security of data, with a heightened focus on the riskiest data elements.

A warm recovery plan.

A cold recovery plan.

A hot recovery plan.

A manual work processes plan

The board should be fully satisfied that there is an effective system of governance in place through accurate, quality information provided.

Compliance, audit, and risk management can find and seek efficiencies between their functions through integrated information reporting.

Key compliance and risk metrics can be tracked and compared throughout the enterprise, aiding in identifying problem departments.

Data analytics can be utilized for trending of the data to ensure that patterns and ongoing monitoring occurs throughout the organization.