IIA IIA-CIA-Part3 Quiz 27 Topic 2 Questions 131-135

Question: 1

Which of the following is not included in the process of user authentication?

AAuthorization.

BIdentification.

CVerification.

DValidation.

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Question: 2

Refer to the exhibit.

If the profit margin of an organization decreases, and all else remains equal, which of the following describes

how the 'Funds Needed' line in the graph below will shift?

AThe 'Funds Needed' line will remain pointed upward, but will become less steep.

BThe 'Funds Needed' line will remain pointed upward, but will become more steep.

CThe 'Funds Needed' line will point downward with a minimal slope.

DThe 'Funds Needed' line will point downward with an extreme slope.

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Question: 3

The economic order quantity for inventory is higher for an organization that has:

ALower annual unit sales.

BHigher fixed inventory ordering costs.

CHigher annual carrying costs as a percentage of inventory value.

DA higher purchase price per unit of inventory.

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Question: 4

Which of the following are typical responsibilities for operational management within a risk management program?

1) Implementing corrective actions to address process deficiencies.

2) Identifying shifts in the organization's risk management environment.

3)( Providing guidance and training on risk management processes.

4) Assessing the impact of mitigation strategies and activities.

A1 and 2 only

B1 and 4 only

C2 and 3 only

D3 and 4 only

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Question: 5

Which of the following are the most appropriate measures for evaluating the change in an organization's liquidity position?

ATimes interest earned, return on assets, and inventory turnover.

BAccounts receivable turnover, inventory turnover in days, and the current ratio.

CAccounts receivable turnover, return on assets, and the current ratio.

DInventory turnover in days, the current ratio, and return on equity.

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IIA IIA-CIA-Part3 Quiz:27 Topic:2 Questions:131-135