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  1. Home
  2. IIA Certification
  3. IIA-CIA-Part3 Exam
  4. IIA.IIA-CIA-Part3.v2024-06-15.q282 Dumps
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Question 41

A company has several departments that conduct technical studies and prepare reports for clients. Recently, there have been long delays in having these reports copied at the company's centralized copy center because of the dramatic increase in business. !Management is considering decentralizing copy services to reduce the turnaround and provide clients with timely reports. An appropriate technique for minimizing turnaround time and the cost of providing copy services is:

Correct Answer: A
Two basic costs are involved in queuing waiting-line) models: I) the cost of providing service including facility costs and operating costs), and 2) the cost of idle resources waiting in line. The latter II may be a direct cost if paid employees are waiting, or an opportunity cost in the case of waiting customers. The objective of queuing theory is to minimize the total cost of the system, including both service and waiting costs, for a given rate of arrivals. This minimization occurs at the point at which cost of waiting is balanced by the cost of providing service. This company wishes to reduce the total of waiting costs turnaround time) and the cost of copy services.
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Question 42

During a review of a web-based application used by customers to check the status of their bank accounts, it would be most important for the internal auditor to ensure that:

Correct Answer: A
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Question 43

Which of the following strategies is most appropriate for an industry that is in decline?

Correct Answer: C
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Question 44

Each day, after all processing is finished, a bank performs a backup of its online deposit files and retains it for 7 days. Copies of each day's transaction files are not retained. This approach is:

Correct Answer: B
At appropriate intervals, the disk files should be copied on magnetic tape so that restart procedures can begin at those points if data are lost or destroyed. However, not retaining each day's transaction files is risky because information processed since the last backup file was created will be lost.
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Question 45

Dale has 20 days to complete production of an order for an important customer. The customer wants 96 units of product that may be painted either red or white. The red units can be produced at a rate of 4 per day. The white units, because of a different quality of paint, can be produced at a rate of 7 per day. The materials for the red units cost US $80 each, while the white units cost US $120 each. Dale wants to keep costs at a minimum. What is the constraint that expresses the number of units to be produced?

Correct Answer: B
The constraint function that expresses the number of units to be produced is R + W = 96, but that is not one of the answer choices. Another constraint is that the total quantities of red (R) and white (W) units must be produced in 20 or fewer days at a rate of 4 red units per day and 7 white units per day. Thus, the time constraint is (R + 4) + (W + 7) 20.
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