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  1. Home
  2. IIA Certification
  3. IIA-CIA-Part3 Exam
  4. IIA.IIA-CIA-Part3.v2022-03-14.q256 Dumps
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Question 81

What is the percentage of the total variance that can be explained by the regression?

Correct Answer: A
The coefficient of determination r) measures the percentage of the total variance in cost that can be explained by the regression equation. If the coefficient of determination is .99724, 99.724% of the variance is explained by the regression equation. Thus, the values in the regression equation explain virtually the entire amount of total cost.
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Question 82

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

Correct Answer: C
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Question 83

Batch processing:

Correct Answer: C
Batch processing is the accumulation and grouping of transactions for processing on a delayed basis. The batch approach is suitable for applications that can be processed against the master file at intervals and involve large volumes of similar items, such as payroll, sales, inventory, and billing.
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Question 84

In Year 2, a manufacturing company instituted a total quality management TQM) program producing the following report:

On the basis of this report, which one of the fallowing statements is most likely true?

Correct Answer: A
TQM emphasizes the supplier's relationship with the customer and recognizes that everyone in a process is at some time a customer or supplier of someone else, either within or outside the organization. The costs of quality include costs of conformance and costs of nonconformance. Casts of conformance include prevention costs and appraisal inspection) costs. Nonconformance costs are composed of internal failure costs and external failure costs, such as lost opportunity. Conformance costs prevention and appraisal) increased substantially, whereas the nonconformance casts internal and external failure) decreased.
Hence, the increase in conformance casts resulted in a higher-quality product.
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Question 85

Which of the following pieces of information is useful to an internal auditor who is conducting a risk assessment for an e-commerce project?
I. The business plan for the e-commerce project
II. The level of functionality required to meet the end user's needs as well as management's objectives.
III.
The results of a risk assessment performed to evaluate impact of internal and external forces RRR.

Correct Answer: D
The IIA's SAC publication can assist the internal auditor in audit planning and risk assessment. It includes a list of e-commerce areas that should be of interest to an internal auditor who is undertaking an engagement and assessing risks. The questions for the internal auditor to consider are listed in PA 2100-6, Control and Audit Implications of E-commerce Activities. All of the information given constitutes answers to some of the questions listed.
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