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IIA CIA Challenge Exam IIA-ACCA New Questions

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Total 604 questions

ACCA CIA Challenge Exam Questions and Answers

Question 85

Which of the following phases of a business cycle are marked by an underuse of resources?

1. The trough.

2. The peak.

3. The recovery.

4. The recession.

Options:

A.

1 and 3 only

B.

1 and 4 only

C.

2 and 3 only

D.

2 and 4 only

Question 86

Which of the following control features consists of a set of authorization codes that distinguishes among actions such as reading, adding, and deleting records?

Options:

A.

Internally encrypted passwords

B.

System access privileges.

C.

Logon passwords

D.

Protocol controls.

Question 87

Which of the following is true regarding an organization's relationship with external stakeholders?

Options:

A.

Specific guidance must be followed when interacting with nongovernmental organizations.

B.

Disclosure laws tend to be consistent from one jurisdiction to another.

C.

There are several internationally recognized standards for dealing with financial donors.

D.

Legal representation should be consulted before releasing internal audit information to other assurance providers.

Question 88

The main reason to establish internal controls in an organization is to:

Options:

A.

Encourage compliance with policies and procedures.

B.

Safeguard the resources of the organization.

C.

Ensure the accuracy, reliability, and timeliness of information.

D.

Provide reasonable assurance on the achievement of objectives.

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Total 604 questions