IIA-CIA-Part3 Practice Test practice questions, page 9 of 26, with answer review and explanations.
Question 41
Which of the following statements is true regarding the use of public key encryption to secure data while it is being transmitted across a network?
Both the key used to encrypt the data and the key used to decrypt the data are made public.
The key used to encrypt the data is kept private but the key used to decrypt the data is made public.
The key used to encrypt the data is made public but the key used to decrypt the data is kept private.
Both the key used to encrypt the data and the key used to decrypt the data are made private.
Question 42
The market price is the most appropriate transfer price to be charged by one department to another in the same organization for a service provided when:
There is an external market for that service.
The selling department operates at 50 percent of its capacity.
The purchasing department has more negotiating power than the selling department.
There is no external market for that service.
Question 43
Which of the following is a type of network in which an organization permits specific users (such as existing customers) to have access to its internal network through the Internet by building a virtual private network?
Intranet.
Extranet.
Digital subscriber line.
Broadband.
Question 44
During the last year, an organization had an opening inventory of $300,000, purchases of $980,000, sales of $1,850,000, and a gross margin of 40 percent. What is the closing inventory if the periodic inventory system is used?
$170,000
$280,000
$300,000
$540,000
Question 45
Which of the following describes the free trade zone in an e-commerce environment?
Zone that separates an organization's servers from outside forces.
Area in which messages are scrutinized to determine if they are authorized.
Area where communication and transactions occur between trusted parties.
Zone where data is encrypted, users are authenticated, and user traffic is filtered.