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2024 Visual IIA-CIA-Part1 Cert Exam | Reliable IIA-CIA-Part1 Exam Topics & Essentials of Internal Auditing Latest Test Bootcamp - FreeTorrent

IIA-CIA-Part1

Exam Code: IIA-CIA-Part1

Exam Name: Essentials of Internal Auditing

Version: V22.75

Q & A: 580 Questions and Answers

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NEW QUESTION: 1
Statistical quality control often involves the use of control charts whose basic purpose is to:
A. Monitor internal control applications of information technology.
B. Control labor costs in production operations.
C. Determine when accounting control procedures are not working.
D. Detect performance trends away from normal operations.
Answer: D
Explanation:
Statistical control charts are graphic aids for monitoring the status of any process subject to random variations. The chart consists of three horizontal lines plotted on a horizontal time scale. The vertical scale represents the appropriate quantitative measure. The center line represents the average range or overall mean for the process being controlled. The other two lines are the upper control limit and the lower control limit. The processes are measured periodically, and the values are plotted on the chart. If the value falls within the control limits, no action is taken. If the value falls outside the limits, the process is considered "out of control," and an investigation is made for possible corrective action. Another advantage of the chart is that it makes trends visible.

NEW QUESTION: 2
Company Z has just completed the all-cash acquisition of Company A.
Both companies operate in the advertising industry.
The market considered the acquisition a positive strategic move by Company Z.
Which THREE of the following will the shareholders of Company Z expect the company's directors to prioritise following the acquisition?
A. The retention of key customers of the acquired company.
B. The development of a dividend policy to meet the expectations of the target company shareholders.
C. The realisation of anticipated post-acquisition synergies.
D. The integration and retention of key employees.
E. The regulatory approval required to complete the acquisition.
Answer: A,C,D

NEW QUESTION: 3
A security engineer is assessing the controls that are in place to secure the corporate-Internet-facing DNS server. The engineer notices that security ACLs exist but are not being used properly. The DNS server should respond to any source but only provide information about domains it has authority over. Additionally, the DNS administrator have identified some problematic IP addresses that should not be able to make DNS requests. Given the ACLs below:

Which of the following should the security administrator configure to meet the DNS security needs?


A. Option D
B. Option C
C. Option A
D. Option B
Answer: A

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