Free Access IIA.IIA-CIA-Part3.v2024-11-07.q270 Practice Test (Page 38)

Question 181

Technological uncertainty, subsidy, and spin-offs are usually characteristics of:

A.Declining industries.

B.Emerging industries.

C.Mature industries.

D.Fragmented industries.

Question 182

IAS 34, interim Financial Reporting, provides guidelines for interim reporting stating that enterprises:

A.May use estimates based on sales margins for interim inventory valuation although a different method is used for annual reporting.

B.Must determine income tax expense by applying progressive tax rates to income on a quarterly basis.

C.May prorate extraordinary items over four quarters.

D.Need not disclose basic and diluted earnings per share each quarter.

Question 183

An organization has a complex systems infrastructure consisting of multiple internally developed, off the shelf, and purchased but significantly customized applications. Some of these applications share databases or process data that is used by another stand-alone application, and interfaces have been written to move data between these applications as needed through batch processing Which of the following situations presents the greatest risk exposure given this environment?

A.Batch processing jobs include key financial data that is not posted to the accounting system until the next day. preventing real-time queries.

B.Documentation of each system and its interactions, interfaces, and dependencies with other systems and databases is not gathered and maintained.

C.The implementation of a major update for a key application is delayed until any potential interdependencies are identified and analyzed.

D.The job scheduling tool frequently malfunctions, causing scheduled jobs not to run. An error message is sent to IT personnel when a job fails.

Question 184

Which of the following statements is true regarding cost-volume-profit analysis?

A.Contribution margin is the amount remaining from sales revenue after fixed expenses have been deducted.

B.Breakeven point is the amount of units sold to cover variable costs.

C.Breakeven occurs when the contribution margin covers fixed costs.

D.Following breakeven, net operating income will increase by the excess of fixed costs less the variable costs per units sold.

Question 185

An organization upgraded to a new accounting software. Which of the following activities should be performed by the IT software vendor immediately following the upgrade?

A.Software testing and validation

B.Market analysis lo identify trends

C.Services to manage and maintain the IT Infrastructure.

D.Backup and restoration.

Other Version: 363IIA.IIA-CIA-Part3.v2026-05-24.q290; 3295IIA.IIA-CIA-Part3.v2025-05-21.q148; 5173IIA.IIA-CIA-Part3.v2023-09-29.q240; 5246IIA.IIA-CIA-Part3.v2023-01-04.q110; 5475IIA.IIA-CIA-Part3.v2022-08-30.q153; 5925IIA.IIA-CIA-Part3.v2022-01-30.q150; 76IIA.Examboosts.IIA-CIA-Part3.v2021-11-19.by.tess.247q.pdf

Latest Upload: 176NAHQ.CPHQ.v2026-09-03.q481; 114SAP.C-S4CPB-2602.v2026-09-02.q7; 110Cisco.700-805.v2026-09-02.q86; 161MSSC.CLT-4.0.v2026-09-02.q43; 126Fitness.NCSF-CPT.v2026-09-02.q18; 174Google.Generative-AI-Leader.v2026-09-02.q77; 139PECB.ISO-14001-Lead-Auditor.v2026-09-01.q39; 126Google.GCP-DE.v2026-09-01.q27; 161Cisco.300-820.v2026-09-01.q105; 154Cisco.500-220.v2026-09-01.q72

Question 181

Question 182

Question 183

Question 184

Question 185

Download PDF File