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  1. Home
  2. IIA Certification
  3. IIA-CIA-Part3 Exam
  4. IIA.IIA-CIA-Part3.v2026-01-13.q113 Dumps
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Question 71

In accounting, which of the following statements is true regarding the terms debit and credit?

Correct Answer: C
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Question 72

To remove the effect of seasonal variation from a time series, original data should be:

Correct Answer: D
Seasonal variations are common in many businesses. To remove the effect of seasonal variation from a time series, the original data (with the four trends) is divided by the seasonal norm.
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Question 73

When reviewing application controls using the four-level model, which of the following processes are associated with level 4 of the business process method?

Correct Answer: D
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Question 74

Management has implemented such controls as firewalls, password management, independent reconciliation, and audit trails. These controls should be reviewed and evaluated by the internal auditor when doing testing for which key e-commerce audit area?

Correct Answer: D
An outline of a possible e-commerce audit protocol for key areas is given in PA 2100-6. In the outline, authentication is given as a possible key audit area, and to test for authentication, the internal auditor should review the policies for authenticating transactions and evaluating controls. Tools that management should have in place include firewalls, password management, independent reconciliation, and audit trails.
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Question 75

Which of the following is a characteristic of big data?

Correct Answer: D
Big data is characterized by the 4 Vs:
* Volume - Large amounts of data.
* Velocity - Data is generated rapidly and continuously changing.
* Variety - Data comes in multiple formats (structured, unstructured, multimedia, etc.).
* Veracity - Ensuring data quality and reliability.
Among these, constant change (velocity) is a defining characteristic of big data.
* (A) Incorrect - Big data is being generated slowly due to volume.
* Big data is generated at high speed (velocity), not slowly.
* (B) Incorrect - Big data must be relevant for the purposes of organizations.
* While relevance is important, it is not a defining characteristic of big data.
* (C) Incorrect - Big data comes from a single type of format.
* Big data consists of multiple formats, including text, images, videos, and unstructured data.
* (D) Correct - Big data is always changing.
* Big data is dynamic and constantly updated in real-time.
* This high velocity and continuous flow of information is a key characteristic.
* IIA's GTAG (Global Technology Audit Guide) - Big Data and Analytics
* Describes how big data is constantly evolving.
* NIST Big Data Framework - Key Characteristics
* Defines volume, velocity, variety, and veracity as essential traits.
* COBIT Framework - IT Governance and Data Management
* Emphasizes the need for organizations to manage rapidly changing data.
Analysis of Answer Choices:IIA References and Internal Auditing Standards:
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