IIA IIA-CIA-Part3 Quiz 3 Topic 6 Questions 11-15

Question: 1

When granting third parties temporary access to an entity's computer systems, which of the following is the most effective control?

AAccess is approved by the supervising manager.

BUser accounts specify expiration dates and are based on services provided.

CAdministrator access is provided for a limited period.

DUser accounts are deleted when the work is completed.

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Question: 2

An organization needs to borrow a large amount of cash to fund its expansion plan. Which of the following annual interest rates is least expensive?

A7 percent simple interest with a 10 percent compensating balance.

B7 percent simple interest paid at the end of each year.

C7 percent discount interest.

D7 percent compounding interest.

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Question: 3

Which of the following COSO internal control framework components encompasses establishing structures, reporting lines, authorities, and responsibilities?

AControl environment.

BControl activities.

CInformation and communication.

DMonitoring.

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Question: 4

Multinational organizations generally spend more time and effort to identify and evaluate:

AInternal strengths and weaknesses.

BBreak-even points.

CExternal trends and events.

DInternal risk factors.

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Question: 5

International marketing activities often begin with:

AStandardization.

BGlobal marketing.

CLimited exporting.

DDomestic marketing.

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IIA IIA-CIA-Part3 Quiz:3 Topic:6 Questions:11-15