IIA IIA-CIA-Part3 Quiz 39 Topic 2 Questions 191-195

Question: 1

An organization accumulated the following data for the prior fiscal year:

Value of Percentage of

Quarter

Output Produced

Cost X

1

$4,750,000

2.9

2

$4,700,000

3.0

3

$4,350,000

3.2

4

$4,000,000

3.5

Based on this data, which of the following describes the value of Cost X in relation to the value of Output Produced?

ACost X is a variable cost.

BCost X is a fixed cost.

CCost X is a semi-fixed cost.

DCost X and the value of Output Produced are unrelated.

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Question: 2

Which of the following is a characteristic of an emerging industry?

AEstablished strategy of players.

BLow number of new firms.

CHigh unit costs.

DTechnical expertise.

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Question: 3

Which of the following statements is true regarding the use of public key encryption to secure data while it is being transmitted across a network?

ABoth the key used to encrypt the data and the key used to decrypt the data are made public.

BThe key used to encrypt the data is kept private but the key used to decrypt the data is made public.

CThe key used to encrypt the data is made public but the key used to decrypt the data is kept private.

DBoth the key used to encrypt the data and the key used to decrypt the data are made private.

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Question: 4

Which of the following control techniques would minimize the risk of interception during transmission in an electronic data interchange system?

1) Encryption.

2) Traffic padding.

3) Edit checks.

4) Structured data format.

A1 and 2 only

B2 and 3 only

C3 and 4 only

D1, 2, and 3 only

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Question: 5

Which of the following borrowing options is an unsecured loan?

ASecond-mortgage financing from a bank.

BAn issue of commercial paper.

CPledged accounts receivable.

DAsset-based financing.

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IIA IIA-CIA-Part3 Quiz:39 Topic:2 Questions:191-195