IIA-CIA-Part3 Practice Test

Which of the following network types should an organization choose if it wants to allow access only to its own personnel?

A. An extranet

B. A local area network

C. An Intranet

D. The internet

Which of the following is an example of a contingent liability that a company should record?

A. A potential assessment of additional income tax.

B. Possible product warranty costs.

C. The threat of a lawsuit by a competitor.

D. The remote possibility of a contract breach.

A company that supplies medications to large hospitals relies heavily on subcontractors to replenish any shortages within 24 hours. Where should internal auditors look for evidence that subcontractors are held responsible for this obligation?

A. The company's code of ethics.

B. The third-party management risk register.

C. The signed service-level agreement.

D. The subcontractors' annual satisfaction survey.

Which of the following is classified as a product cost using the variable costing method?
1. Direct labor costs.
2. Insurance on a factory.
3. Manufacturing supplies.
4. Packaging and shipping costa.

A. 1 and 2

B. 1 and 3

C. 2 and 4

D. 3 and 4

After purchasing shoes from an online retailer, a customer continued to receive additional unsolicited offers from the retailer and other retailers who offer similar products.
Which of the following is the most likely control weakness demonstrated by the seller?

A. Excessive collecting of information

B. Application of social engineering

C. Retention of incomplete information.

D. Undue disclosure of information