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Helping Hand Questions for IIA-CIA-Part3-3P

CIA Exam Part Three: Business Knowledge for Internal Auditing Questions and Answers

Question 25

During disaster recovery planning, the organization established a recovery point objective. Which of the following best describes this concept?

Options:

A.

The maximum tolerable downtime after the occurrence of an incident.

B.

The maximum tolerable data loss after the occurrence of an incident.

C.

The maximum tolerable risk related to the occurrence of an incident.

D.

The minimum recovery resources needed after the occurrence of an incident.

Question 26

Based on lest results an IT auditor concluded that the organization would suffer unacceptable toss of data if there was a disaster at its data center. Which of the following test results would likely lead the auditor to this conclusion?

Options:

A.

Requested backup tapes were not returned from the offsite vendor in a timely manner

B.

Returned backup tapes from the offsite vendor contained empty spaces

C.

Critical systems have been Backed up more frequently than required.

D.

Critical system backup tapes are taken off site less frequently than required.

Question 27

Which of the following cybersecurity-related activities is most likely to be performed by the second line of defense?

Options:

A.

Deploy intrusion detection systems and conduct penetration testing

B.

Administer security procedures, training, and testing.

C.

Monitor incidents, key risk indicators, and remediation

D.

implement vulnerability management with internal and external scans.

Question 28

An internal auditor was asked to review an equal equity partnership In one sampled transaction Partner A transferred equipment into the partnership with a self-declared value of $10,000 and Partner B contributed equipment with a self-declared value of $15 000 The capital accounts of each partner were subsequently credited with S12,500. Which of the following statements is true regarding this transaction?

Options:

A.

The capital accounts of the partners should be increased by the original cost of the contributed equipment.

B.

The capital accounts should be increased using a weighted average based on the current percentage of ownership

C.

No action is needed as the capital account of each partner was increased by the correct amount

D.

The capital accounts of the partners should be increased by the fair market value of their contribution