IIA IIA-CIA-Part3 Quiz 22 Topic 6 Questions 106-110

Question: 1

A department purchased one copy of a software program for internal use. The manager of the department installed the program on an office computer and then made two complete copies of the original software.

Copy 1 was solely for backup purposes.

Copy 2 was for use by another member of the department.

In terms of software licenses and copyright law, which of the following is correct?

ABoth copies are legal.

BOnly copy 1 is legal.

COnly copy 2 is legal.

DNeither copy is legal.

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Question: 2

Which of the following is true regarding the COSO enterprise risk management framework?

AThe framework categorizes an organization's objectives to distinct, non overlapping objectives.

BControl environment is one of the framework's eight components.

CThe framework facilitates effective risk management, even if objectives have not been established.

DThe framework integrates with, but is not dependent upon, the corresponding internal control
framework.

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Question: 3

Which of the following budgets must be prepared first?

ACash budget.

BProduction budget.

CSales budget.

DSelling and administrative expenses budget.

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Question: 4

An internal auditor discovered that several unauthorized modifications were made to the production version of an organization's accounting application. Which of the following best describes this deficiency?

AProduction controls weakness.

BApplication controls weakness.

CAuthorization controls weakness.

DChange controls weakness.

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Question: 5

Which of the following is a disadvantage of selecting a commercial software package rather than developing an application internally?

ALack of flexibility.

BIncompatibility with client/server technology.

CEmployee resistance to change.

DInadequate technical support.

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IIA IIA-CIA-Part3 Quiz:22 Topic:6 Questions:106-110