IIA-CIA-Part3 Practice Test

IIA-CIA-Part3 Practice Test practice questions, page 14 of 26, with answer review and explanations.

Question 66

If a bank's activities are categorized under such departments as community banking, institutional banking, and agricultural banking, what kind of departmentalization is being utilized?

  1. Product departmentalization.
  2. Process departmentalization.
  3. Functional departmentalization.
  4. Customer departmentalization.

Question 67

Which of the following conflict resolution methods should be applied when the intention of the parties is to solve the problem by clarifying differences and attaining everyone's objectives?

  1. Accommodating.
  2. Compromising.
  3. Collaborating.
  4. Competing.

Question 68

Which of the following factors would reduce dissatisfaction for a management trainee but would not particularly motivate the trainee?

  1. A sense of achievement.
  2. Promotion.
  3. Recognition.
  4. An incremental increase in salary.

Question 69

In mergers and acquisitions, which of the following is an example of a horizontal combination?

  1. Dairy manufacturing company taking over a large dairy farm.
  2. A movie producer acquires movie theaters.
  3. A petroleum processing company acquires an agro-processing firm.
  4. A baker taking over a competitor.

Question 70

According to the Standards, the internal audit activity must evaluate risk exposures relating to which of the following when examining an organization's risk management process? 1. Organizational governance. 2. Organizational operations. 3. Organizational information systems. 4. Organizational structure.

  1. 1 and 3 only
  2. 2 and 4 only
  3. 1, 2, and 3 only
  4. 1, 2, and 4 only