Iia chinesedumps iia-acca Exam Results by Elsa q242 vce pdf

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Exam Name:	ACCA CIA Challenge Exam
Exam Code:	IIA-ACCA Dumps
Vendor:	IIA	Certification:	CIA Challenge Exam
Questions:	604 Q&A's	Shared By:	elsa

Question 64

Refer to the exhibit.

Questions 64

Presented below are partial year-end financial statement data (000 omitted from dollar amounts) for companies A and B:

If company A has a quick ratio of 2:1, then it has an accounts receivable balance of:

Options:

$100

$200

$300

$500

Discussion

Question 65

Which of the following are typical audit considerations for a review of authentication?

1. Authentication policies and evaluation of controls transactions.

2. Management of passwords, independent reconciliation, and audit trail.

3. Control self-assessment tools used by management.

4. Independent verification of data integrity and accuracy.

Options:

1, 2, and 3

1, 2, and 4

1, 3, and 4

2, 3, and 4

Discussion

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Question 66

Which of the following statements about matrix organizations is false?

Options:

In a matrix organization, conflict between functional and product managers may arise.

In a matrix organization, staff under dual command is more likely to suffer stress at work.

Matrix organizations offer the advantage of greater flexibility.

Matrix organizations minimize costs and simplify communication.

Discussion

Question 67

Which of the following statements best describes the frameworks set forth by the International Standards Organization?

Options:

Globally accepted standards for industries and processes.