IIA-CIA-Part3-3P Sample Practice Exam Questions 2023 Updated Verified [Q277-Q292]

Q277. An investor has acquired an organization that has a dominant position in a mature, slow-growth industry and consistently creates positive financial income Which of the following terms would the investor most likely label this investment in her portfolio?

Q278. Listening effectiveness is best increased by:

Q279. Which of the following statements is true regarding an investee that received a dividend distribution from an entity and is presumed to have little influence over the entity?

Q280. Which of the following statements is true regarding an organization’s inventory valuation1?

Q281. Which of the following characteristics is most important specifically for a global manager to possess in order to be successful?

Q282. An organization produces two products, X and Y.
The materials used for the production of both products are limited to 500 kilograms (kg) per month.
All other resources are unlimited and their costs are fixed. Individual product details are as follows:
Product X
Product Y
Selling price per unit
$10
$13
Materials per unit (at $1/kg)
2 kg
6 kg
Monthly demand
100 units
120 units
In order to maximize profit, how much of product Y should the organization produce each month?

Q283. Which of me following statements is true regarding the reporting of tangible and intangible assets?

Q284. Which of the following assumptions regarding cost-volume-profit analysis is true?

Q285. Which of the following describes the most appropriate set of tests for auditing a workstation’s logical access controls?

Q286. An organization invests excess snort-term cash in trading securities. When of the following actions should an internal auditor take to test the valuation of those securities?

Q287. Organizational activities that complement each other and create a competitive advantage are called a:

Q288. Which of the following is based on the concept that there is not one best leadership style and that successful leadership depends on a match between the leader, the situation, and the subordinate?

Q289. Which of the following is an example of a smart device security control intended to prevent unauthorized users from gaining access to a device’s data or applications?

Q290. Which of the following control features consists of a set of authorization codes that distinguishes among actions such as reading, adding, and deleting records?

Q291. In creating a risk-based plan, which of the following best describes a top-down approach to understanding business processes?

Q292. The audit committee of a global corporation has mandated a change in the organization’s business ethics policy. Which of the following approaches describes the best way to accomplish the policy’s diffusion worldwide?