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  1. Home
  2. IIA Certification
  3. IIA-CIA-Part3 Exam
  4. IIA.IIA-CIA-Part3.v2023-01-15.q275 Dumps
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Question 6

When granting third parties temporary access to an entity's computer systems, which of the following is the most effective control?

Correct Answer: A
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Question 7

Big Co. holds 18% of the outstanding voting common shares of Little Co. How will Big report unrealized holding gains and losses on these shares?

Correct Answer: A
Less than 20% ownership is presumed to result in little or no influence over the investee. Such investments are initially recorded at cost and subsequently measured using the fair value method. If the investor classifies the shares as trading securities, unrealized holding gains and losses are included in the calculation of profit or loss. If the investor classifies the shares as available-for-sale securities. unrealized holding gains and losses are treated as items of other comprehensive income.
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Question 8

Use of unlicensed software in an organization:
I. Increases the risk of introducing viruses into the organization
II. Is not a serious exposure if only low-cost software is involved
III.
Can be detected by software checking routines that run from a network server

Correct Answer: D
Antivirus measures should include strict adherence to software acquisition policies. Unlicensed software is less likely to have come from reputable vendors and to have been carefully tested. Special software is available to test software in use to determine whether it has been authorized.
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Question 9

Which of the following statements is true regarding cost-volume-profit analysis?

Correct Answer: A
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Question 10

Traditional information systems development and operational procedures typically involve four functional areas. The systems analysis function focuses on identifying and designing systems to satisfy organizational requirements. The programming function is responsible for the design, coding, testing, and debugging of computer programs necessary to implement the systems designed by the analysis function. The computer operations function is responsible for data preparation, program/job execution, and system maintenance. The user function provides the input and receives the output of the system.
Which of these four functions is often poorly implemented or improperly omitted in the development of a new end-user computing EUC application?

Correct Answer: A
Systems analysis is one step that is not absolutely required in the development of a system. The desire to produce a system quickly may result in this step being eliminated or poorly implemented. A system is often produced and then analyzed to see if it will satisfy the needs of the organization. In an EUC application, the systems analysis is often incomplete or omitted.
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