Which of me following rs appfccaWe lo both a job order cost system and a process cost system?
An organization accomplishes its goal to obtain a 40 percent share of the domestic market, but is unable to get the desired return on investment and output per hour of labor. Based on this information the organization is most likely focused on which of the following?
A restaurant deeded to expand its business to include delivery services rather than relying on third-party food delivery services. Which of the following best describes the restaurant's strategy?
According to IIA guidance, which of the following is a primary component of a network security strategy?
The critical path for any project is the path that exhibits which of the following characteristics?
Which of the following statements is true regarding the "management-by-objectives" method?
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?
Which of the following re a result of implementing an e-commerce system, which relies heavily on electronic data interchange and electronic funds transfer, for purchasing and billing?
Which of the following is classified as a product cost using the variable costing method?
1. Direct labor costs
2. Insurance on a factory.
3. Manufacturing supplies.
4. Packaging and shipping costs
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'' A. To help property configure mass communication notification tools
B. To help identify training needs across the functional areas required to recover systems and data.
C. To help ensure that the team members who are required to recover systems and data understand their roles.
D. To help validate the contact information of key personnel required to recover systems and data
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?
Which of the following cybersecurity-related activities is most likely to be performed by the second line of defense?
An organization is experiencing a high turnover. Which of the following can human resources deploy to effectively detect the root cause of turnover?
An internal auditor is assigned to perform data analytics. Which of the following is the next step the auditor should undertake after she has ascertained the value expected from the review?
Which of the following is an example of a phishing attack?
Which of the following is the best example of a compliance risk that is likely to arise when adopting a bring-your-own-device (BYOD) policy?
Which of the following types of analytics would be used by an organization to examine metrics by business units and identity the most profitable business units?
Which of the following situations best applies to an organization that uses a project rather man a process to accomplish its business activities?
According to IIA guidance, which of the following statements is true regarding analytical procedures?
What would be the effect it an organization paid one of its liabilities twice during the year in error?
Which of the following best describes the purpose of disaster recovery planning?
In which of the following plans is an employee most likely to find guidance on action and performance standards?
Which of the following data security policies is most likely to be the result of a data privacy law?
An internal auditor is reviewing the organization's performance appraisal process. Which of the following methods would be most effective to identify stereotyping?
Which of the following application controls checks the integrity of data entered into a business application?
Which of the following options correctly defines a transmission control protocol/Internet protocol (TCP/IP)?
Which of me following application controls is the most dependent on the password owner?
According to the Standards, which of the following is based on the assertion that the quality of an organization's risk management process should improve with time?
Which of the following is useful for forecasting the required level of inventory?
1. Statistical modeling.
2. Information about seasonal variations in demand.
3. Knowledge of the behavior of different business cycles.
4. Pricing models linked to seasonal demand.
Which of the following is true regarding the COSO enterprise risk management framework?
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?
At what point during the systems development process should an internal auditor verify that the new application's connectivity to the organization's other systems has been established correctly?
Which of the following are appropriate functions for an IT steering committee?
1. Assess the technical adequacy of standards for systems design and programming.
2. Continually monitor of the adequacy and accuracy of software and hardware in use.
3. Assess the effects of new technology on the organization`s IT operations.
4. Provide broad oversight of implementation, training, and operation of new systems.
Which of the following purchasing scenarios would gain the greatest benefit from implementing electronic data interchange?
Maintenance cost at a hospital was observed to increase as activity level increased. The following data was gathered:
Activity Level -
If the cost of maintenance is expressed in an equation, what is the independent variable for this data?
In mergers and acquisitions, which of the following is an example of a horizontal combination?
Which of the following techniques would be least effective in resolving the conflict created by an internal audit client's perception of the audit report as a personal attack on his management performance?
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:
Selling price per unit
Materials per unit (at $1/kg)
In order to maximize profit, how much of product Y should the organization produce each month?
Which of the following phases of a business cycle are marked by an underuse of resources?
1. The trough.
2. The peak.
3. The recovery.
4. The recession.
When writing a business memorandum, the writer should choose a writing style that achieves all of the following except:
According to the COSO enterprise risk management (ERM) framework, which of the following is not a typical responsibility of the chief risk officer?
Which of the following distinguishes the added-value negotiation method from traditional negotiating methods?
An organization is projecting sales of 100,000 units, at a unit price of $12. Unit variable costs are $7. If fixed costs are $350,000, what is the projected total contribution margin?
Which of the following budgets must be prepared first?
Which of the following are likely indicators of ineffective change management?
1. IT management is unable to predict how a change will impact interdependent systems or business processes.
2. There have been significant increases in trouble calls or in support hours logged by programmers.
3. There is a lack of turnover in the systems support and business analyst development groups.
4. Emergency changes that bypass the normal control process frequently are deemed necessary.
In order to provide useful information for an organization's risk management decisions, which of the following factors is least important to assess?
Import quotas that limit the quantities of goods that a domestic subsidiary can buy from its foreign parent company represent which type of barrier to the parent company?
Which of the following engagement observations would provide the least motivation for management to amend or replace an existing cost accounting system?
Which of the following is a characteristic of an emerging industry?
An internal auditor is trying to assess control risk and the effectiveness of an organization's internal controls. Which of the following audit procedures would not provide assurance to the auditor on this matter?
According to IIA guidance, which of the following steps are most important for an internal auditor to perform when evaluating an organization's social and environmental impact on the local community?
A capital investment project will have a higher net present value, everything else being equal, if it has:
All of the following are possible explanations for a significant unfavorable material efficiency variance except:
Which of the following borrowing options is an unsecured loan?
Which of the following are typical responsibilities for operational management within a risk management program?
1. Implementing corrective actions to address process deficiencies.
2. Identifying shifts in the organization's risk management environment.
3. Providing guidance and training on risk management processes.
4. Assessing the impact of mitigation strategies and activities.
Which of the following is a disadvantage of selecting a commercial software package rather than developing an application internally?
Which of the following is true regarding an organization's relationship with external stakeholders?