QUESTION 103
The main reason to establish internal controls in an organization is to:

QUESTION 104
Which of the following factors is most likely to lead to a lack of cohesiveness in a project team?

QUESTION 105
A company’s financial balance sheet is presented below:
The company has net working capital of:

QUESTION 106
Which of the following situations best applies to an organization that uses a project rather man a process to accomplish its business activities?

QUESTION 107
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?

QUESTION 108
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?

QUESTION 109
Which of the following statements is true regarding a bring-your-own-device (BYOD) environment?

QUESTION 110
Which of me following responsibilities would ordinary fall under the help desk function of an organization?

QUESTION 111
In an analysis of alternative credit-management policies, which of the following components will cause the net present value of receivables on credit sales to increase, if everything else remains constant?

QUESTION 112
An internal auditor is reviewing results from software development integration testing. What is the purpose of integration testing?

QUESTION 113
Which of the following is the most likely reason an organization may decide to undertake a stock split?

QUESTION 114
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?

QUESTION 115
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

QUESTION 116
A chief audit executive (CAE) was asked to participate in the selection of an external auditor. Which of the following would not be a typical responsibility for the CAE?

QUESTION 117
Management has established a performance measurement focused on the accuracy of disbursements The disbursement statistics, provided daily to all accounts payable and audit staff, include details of payments stratified by amount and frequency Which of the following is likely to be the greatest concern regarding this performance measurement?

QUESTION 118
Maintenance cost at a hospital was observed to increase as activity level increased. The following data was gathered:
Activity Level –
Maintenance Cost
Month
Patient Days
January
5,600
$7,900
February
7,100
$8,500
March
5,000
$7,400
April
6,500
$8,200
May
7,300
$9,100
June
8,000
$9,800
If the cost of maintenance is expressed in an equation, what is the independent variable for this data?

QUESTION 119
An internal auditor performed a review of IT outsourcing and found that the service provider was failing to meet the terms of the service level agreement. Which of the following approaches is most appropriate to address this concern?

QUESTION 120
According to MA guidance on IT. which of the following best describes a logical access control?

QUESTION 121
An organization suffered significant damage to its local file and application servers as a result of a hurricane. Fortunately, the organization was able to recover all information backed up by its overseas third-party contractor.
Which of the following approaches has been used by the organization?