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

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

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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.