Free Access IIA.IIA-CIA-Part3.v2024-11-07.q270 Practice Test (Page 50)

Question 241

New data privacy laws require an organization to use collected customer information for me sole purpose of meeting the organization's business requirements. Which of the following best addresses the risk of the organization not complying with this objective?

A.Allocate access profiles for each end user of the information

B.Provide training on social engineering attacks

C.Establish policies that discipline those who misuse customer information

D.Encrypt the customer information retained by the organization

Question 242

Which of the following represents an inventory costing technique that can be manipulated by management to boost net income by selling units purchased at a low cost?

A.Average-cost method

B.Last-in, first-out method (LIFO).

C.Specific identification method.

D.First-in. first-out method (FIFO).

Question 243

The encryption technique that requires two keys, a public key that is available to anyone for encrypting messages and a private key that is known only to the recipient for decrypting messages, is:

A.Rivest, Shamir, and Adelman RSA).

B.Data encryption standard DES).

C.Modulator-demodulator.

D.A cypher lock.

Question 244

The leadership of an organization encourages employees to form voluntary problem-solving groups whereby several employees from the same work area meet regularity during work hours to discuss improvements and creative ways to reduce costs. Which of the following best describes this approach?

A.Cross-functional teams

B.Open-book management

C.Quality control circles

D.Self-managed teams

Question 245

To remove the effect of seasonal variation from a time series, original data should be:

A.Increased by the seasonal factor.

B.Reduced by the seasonal factor.

C.Multiplied by the seasonal factor.

D.Divided by the seasonal factor.

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