QUESTION 84
Which of the following is the best reason for considering the acquisition of a nondomestic organization?

QUESTION 85
Which of the following best describes a market signal?

QUESTION 86
An organization’s account for office supplies on hand had a balance of S9,000 at the end of year one. During year two. the organization recorded an expense of $45,000 for purchasing office supplies. At the end of year two. a physical count determined that the organization has $11,500 in office supplies on hand. Based on this information, what would be recorded in the adjusting entry at the end of year two?

QUESTION 87
Which of the following is likely to occur when an organization decides to adopt a decentralized organizational structure?

QUESTION 88
According to IIA guidance, which of the following is the correct order to conduct a business impact analysis (BIA) for the potential loss of an organization’s network services”
1. identify resources and partners to provide required recovery services
2. Identify the business processes supporting the network functionality
3. Obtain approval of the BIA from the operating managers relative to their areas of responsibility
4. Identify the business impact if the network services cannot be performed

QUESTION 89
Which of the following organization structures would most likely be able to cope with rapid changes and uncertainties?

QUESTION 90
Which of the following best describes a detective control designed to protect an organization from cyberthreats and attacks?

QUESTION 91
According to the ISO 14001 standard, which of the following is not included in the requirements for a quality management system?

QUESTION 92
Providing knowledge, motivating organizational members, controlling and coordinating individual efforts, and expressing feelings and emotions are all functions of:

QUESTION 93
Which of the following can be classified as debt investments?

QUESTION 94
An internal audit activity is piloting a data analytics model, which aims to identify anomalies in payments to vendors and potential fraud indicators Which of the following would be the most appropriate criteria for assessing the success of the piloted model?

QUESTION 95
The following transactions and events occurred during the year:
– $300,000 of raw materials were purchased, of which $20,000 were returned because of defects
– $600,000 of direct labor costs were incurred.
– S750.000 of manufacturing overhead costs were incurred.
What is the organization’s cost of goods sold for the year?

QUESTION 96
A retail organization mistakenly did not include S10.000 of inventory in the physical count at the end of the year. What was the impact to the organization’s financial statements?

QUESTION 97
According to IIA guidance, which of the following best describes the activities that occur during the conversion phase of an IT project?

QUESTION 98
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 99
Which of the following describes the free trade zone in an e-commerce environment?

QUESTION 100
Which of me following statements is true regarding the reporting of tangible and intangible assets?

QUESTION 101
Which of the following is an example of an application control?

QUESTION 102
How do data analysis technologies affect internal audit testing?