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IIA-CIA-Part3 Exam Dumps - Business Knowledge for Internal Auditing

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Question # 49

An internal auditor for a pharmaceutical company as planning a cybersecurity audit and conducting a risk assessment. Which of the following would be considered the most significant cyber threat to the organization?

A.

Cybercriminals hacking into the organization's time and expense system to collect employee personal data.

B.

Hackers breaching the organization's network to access research and development reports

C.

A denial-of-service attack that prevents access to the organization's website.

D.

A hacker accessing she financial information of the company

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Question # 50

According to 11A guidance on IT, which of the following spreadsheets is most likely to be considered a high-risk user-developed application?

A.

A revenue calculation spreadsheet supported with price and volume reports from the production department.

B.

An asset retirement calculation spreadsheet comprised of multiple formulas and assumptions.

C.

An ad-hoc inventory listing spreadsheet comprising details of written-off inventory quantities.

D.

An accounts receivable reconciliation spreadsheet used by the accounting manager to verify balances

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Question # 51

Which of the following is most appropriately placed in the financing section of an organization's cash budget?

A.

Collections from customers

B.

Sale of securities.

C.

Purchase of trucks.

D.

Payment of debt, including interest

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