correct one C
During disaster recovery planning, the organization established a recovery point objective. Which of
the following best describes this concept?
B
Reference:
https://www.druva.com/glossary/what-is-a-disaster-recovery-plan-definition-and-
related-faqs/#:~:text=The%20recovery%20point%20objective%20refers,hour%20to%20meet%20this
%20objective
Which of the following statements is true regarding user-developed applications (UDAs) and
traditional IT applications?
D
None
correct one C
Correct Answer is A
While there may be some differences in the development processes, such as the level of formality and expertise, both UDAs and traditional IT applications go through similar stages in their development life cycle, which may include: Requirements Gathering: Understanding the business needs and functional requirements of the application.
Design: Creating the application's architecture and user interface based on the requirements.
Development: Writing the code and building the application.
Testing: Evaluating the application to ensure it functions as intended and is free from errors.
Implementation: Deploying the application into the production environment.
Maintenance: Making updates and improvements to the application as needed.
In reviewing an organization's IT infrastructure risks, which of the following controls is to be tested as
part of reviewing workstations?
D
None
C. Physical controls.
Correct answer is
C. Physical controls
other options are logical controls
Which of the following is an example of internal auditors applying data mining techniques for
exploratory purposes?
B
Reference:
https://www.researchgate.net/publication/221174455_Data_Mining_Technique_in_the_Internal_Au
diting_of_Enterprise_Groups
Which of the following is likely to occur when an organization decides to adopt a decentralized
organizational structure?
B
Reference:
https://opentextbc.ca/principlesofaccountingv2openstax/chapter/differentiate-between-
centralized-and-decentralized-management/
According to IIA guidance, which of the following is a broad collection of integrated policies,
standards, and procedures used to guide the planning and execution of a project?
D
Reference:
https://www.paymoapp.com/blog/project-management-methodologies/
A clothing company sells shirts for $8 per shirt. In order to break even, the company must sell 25,000
shirts. Actual sales total $300,000.
What is margin of safety sales for the company?
B
None
Correct Answer is A
Margin of Safety Sales = $300,000 - $200,000
Margin of Safety Sales = $100,000
During which of the following phases of contracting does the organization analyze whether the
market is aligned with organizational objectives?
C
Reference:
https://www.diligent.com/insights/contract-management/three-phases-contract-
management/
A. Initiation phase.
Which of the following statements is true regarding user-developed applications (UDAs)?
B
Reference:
https://chapters.theiia.org/montreal/ChapterDocuments/GTAG%2014%20-
%20Auditing%20User-developed%20Applications.pdf
The chief audit executive (CAE) has embraced a total quality management approach to improving the
internal audit activity's (IAA's) processes. He would like to reduce the time to complete audits and
improve client ratings of the IAA.
Which of the following staffing approaches is the CAE most likely to select?
C
None
Which of the following security controls would be the most effective in preventing security
breaches?
D
Reference:
https://www.techsupportofmn.com/6-ways-to-prevent-cybersecurity-breaches
A bond that matures after one year has a face value of $250,000 and a coupon of $30,000. If the
market price of the bond is $265,000, which of the following would be the market interest rate?
A
None
Which of the following cost of capital methods identifies the time period required to recover the cost
of the capital investment from the annual inflow produced?
A. Cash payback technique.
B. Annual rate of return technique.
C. Internal rate of return method.
D. Net present value method.
A
Reference:
https://www.investopedia.com/terms/p/paybackperiod.asp
Which of the following is a likely result of outsourcing?
D
Reference:
https://www.cio.com/article/272355/outsourcing-outsourcing-definition-and-solutions.html
A. Increased dependence on suppliers.
In an effort to increase business efficiencies and improve customer service offered to its major
trading partners, management of a manufacturing and distribution company established a secure
network, which provides a secure channel for electronic data interchange between the company and
its partners.
Which of the following network types is illustrated by this scenario?
A
Reference:
https://www.investopedia.com/terms/v/value-added-network.asp