Free IIA-CIA-Part3-3P Practice Test Questions 2026

An internal auditor has been approved lo gather data directly horn the organization's relational database management system tor data analyses To collect the data which of the Wowing is most important for the auditor to know?

A. Structured query language

B. Spreadsheet software such as Excel

C. Data management system such as Oracle

D. Basic web development

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

A. Require complex passwords to be established and changed quarterly

B. Require swipe cards to control entry into secure data centers

C. Monitor access to the data center with closed circuit camera surveillance.

D. Maintain current role definitions to ensure appropriate segregation of duties

The greatest advantage of functional departmentalization is that it:

A. Facilitates communication between primary functions.

B. Helps to focus on the achievement of organizational goals.

C. Provides for efficient use of specialized knowledge .

D. Accommodates geographically dispersed companies

Which of the following is an example of a physical control?

A. Providing fire detection and suppression equipment

B. Establishing a physical security policy and promoting it throughout the organization

C. Performing business continuity and disaster recovery planning

D. Keeping an offsite backup of the organization's critical data

Which of me following is applicable to both a job order cost system and a process cost system?

A. Total manufacturing costs are determined at the end of each period.

B. Costs are summarized in a production cost repot for each department

C. Three manufacturing cost elements are tracked direct materials direct labor and manufacturing overhead.

D. The unit cost can be calculated by dividing the total manufacturing costs for the period by the units produced during the period

An organization has started allowing employees to use their personal smart devices to accept vendor payments. What should the organization's bring-your-own-device (BYOD) policy include to specifically address security and privacy required by the Payment Card Data Security Standard (PCI DSS)?

A. Approved devices

B. Mobile applications

C. Data storage.

D. Backups and transfers

An internal auditor was asked to review an equal equity partnership In one sampled transaction Partner A transferred equipment into the partnership with a self-declared value of $10,000 and Partner B contributed equipment with a self-declared value of $15 000 The capital accounts of each partner were subsequently credited with S12,500. Which of the following statements is true regarding this transaction?

A. The capital accounts of the partners should be increased by the original cost of the contributed equipment.

B. The capital accounts should be increased using a weighted average based on the current percentage of ownership

C. No action is needed as the capital account of each partner was increased by the correct amount

D. The capital accounts of the partners should be increased by the fair market value of their contribution

With regard to disaster recovery planning, which of the following would most likely involve stakeholders from several departments?

A. Determining the frequency with which backups will be performed.

B. Prioritizing the order in which business systems would be restored.

C. Assigning who in the IT department would be involved in the recovery procedures.

D. Assessing the resources needed to meet the data recovery objectives

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

A. There is a greater need Kr organizations to rely on users to comply with policies and procedures.

B. With fewer devices owned by the organization, there is reduced need to maintain documented policies and procedures.

C. Incident response times are less critical in the BYOD environment. compared to a traditional environment

D. There is greater sharing of operational risk in a BYOD environment.

Division A produces a product with a variable cost of $5 per unit and an allocated fixed cost of $3 per unit The market price of the product is $15 plus 20% selling cost. Division B currently purchases this product from an external supplier but is going to purchase it from division A for $18 Which of the following methods of transfer pricing is being used?

A. Market price.

B. Negotiation-based.

C. Full absorption cost

D. Variable cost

What is the most significant potential problem introduced by just-in-time inventory systems?

A. They require significant computer resources.

B. They are susceptible to supply-chain disruptions.

C. They require complicated materials-supply contracts.

D. They prevent manufacturers from scaling up or down to meet changing demands.

Which of the following concepts of managerial accounting is focused on allocating overheads to products?

A. Theory of constraints

B. Just-in-time method

C. Activity-based costing

D. Break-even analysis