IIA-CIA-Part3 Practice Test practice questions, page 15 of 26, with answer review and explanations.
Question 71
An organization engages in questionable financial reporting practices due to pressure to meet unrealistic performance targets. Which internal control component is most negatively affected?
Monitoring.
Control activities.
Risk assessment.
Control environment.
Question 72
Which mindset promotes the most comprehensive risk management strategy?
Increase shareholder value.
Maximize market share.
Improve operational efficiency.
Mitigate losses.
Question 73
An internal auditor is reviewing physical and environmental controls for an IT organization. Which control activity should not be part of this review?
Develop and test the organization's disaster recovery plan.
Install and test fire detection and suppression equipment.
Restrict access to tangible IT resources.
Ensure that at least one developer has access to both systems and operations.
Question 74
According to the International Professional Practices Framework, internal auditors who are assessing the adequacy of organizational risk management processes should not:
Recognize that organizations use different techniques for managing risk.
Seek assurance that the key objectives of the risk management processes are being met.
Determine and accept the level of risk for the organization.
Treat the evaluation of risk management processes differently from the risk analysis used to plan audit engagements.
Question 75
Which audit approach should be employed to test the accuracy of information housed in a database on an un-networked computer?
Submit batches of test transactions through the current system and verify with expected results.
Use a test program to simulate the normal data entering process.
Select a sample of records from the database and ensure it matches supporting documentation.
Evaluate compliance with the organization's change management process.