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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 136

The channel structure in which producers, wholesalers, and retailers act as a unified system is a:

Correct Answer: B
In vertical distribution systems, producers, wholesalers, and retailers act as a unified system. Channel conflict is managed through common ownership, contractual relationships, or administration by one or a few dominant channel members. Horizontal distribution systems consist of two or more companies at one level of the channel working together to exploit new opportunities, such as the introduction of ATMs in supermarkets. The joint nature of horizontal distribution efforts is the tool for managing channel conflict. In a multichannel system, a single firm sets up two or more channels to reach one or more customer segments. Because such a system is managed by a single firm, channel conflicts can be evaluated and managed internally.
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Question 137

Refer to the exhibit.

The figure below shows the network diagram for the activities of a large project. What is the shortest number of days in which the project can be completed?

Correct Answer: C
Explanation/Reference:
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Question 138

Which of the following statements is in accordance with COBIT? 1.Pervasive controls are general while detailed controls are specific. 2.Application controls are a subset of pervasive controls. 3.Implementation of software is a type of pervasive control. 4.Disaster recovery planning is a type of detailed control.

Correct Answer: B
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Question 139

A customer intended to order 100 units of product 296014, but incorrectly ordered nonexistent product 296015. Which of the following controls most likely would detect this error?

Correct Answer: A
Check digit verification is used to identify incorrect identification numbers. The digit is generated by applying an algorithm to the ID number. During input, the check digit is
recomputed by applying the same algorithm to the entered ID number.
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Question 140

An organization invests excess snort-term cash in trading securities. When of the following actions should an internal auditor take to test the valuation of those securities?

Correct Answer: C
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