IIA IIA-CIA-Part3 Quiz 56 Topic 2 Questions 276-280

Question: 1

Which of me following represents an inventory costing technique that can be manipulated by management to boost net income by selling units purchased at a low cost?

AFirst-in first-out method (FIFO)

BLast-in first-out method (LIFO)

CSpecific identification method

DAverage-cost method

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Question: 2

Which of the following is a cybersecurity monitoring activity that involves assessing the strength of an organization's IT protection?

ABoundary defense

BMalware defense

CPenetration tests

DWireless access controls

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Question: 3

Which of the following is an example of an application system control?

AData values fall within a prescribed range.

BError listings are generated and promptly remediated.

CReport distribution is restricted to authorized personnel.

DField amounts contain an upper or lower limit.

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Question: 4

A multinational organization has multiple divisions that sell their products internally to other divisions. When selling internally, which of the following transfer prices would lead to the best decisions for the organization?

AFull cost

BFull cost plus a markup.

CMarket price of the product

DVariable cost plus a markup

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Question: 5

An organization recently documented its procedures for recovering systems and data after a disaster How are these documented procedures most likely to be used during a disaster simulation exercise?

ATo help property configure mass communication notification tools

BTo help identify training needs across the functional areas required to recover systems and data.

CTo help ensure that the team members who are required to recover systems and data understand their roles.

DTo help validate the contact information of key personnel required to recover systems and data

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IIA IIA-CIA-Part3 Quiz:56 Topic:2 Questions:276-280