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IIA Updated IIA-ACCA Exam Questions and Answers by faizan

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IIA IIA-ACCA Exam Overview :

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

Question 80

Senior management has decided to implement the Three Lines of Defense model for risk management. Which of the following best describes senior management's duties with regard to this model?

Options:

A.

Ensure compliance with the model.

B.

Identify management functions.

C.

Identify emerging issues.

D.

Set goals for implementation.

Discussion

Question 81

According to the COSO enterprise risk management (ERM) framework, which of the following is not a typical responsibility of the chief risk officer?

Options:

A.

Establishing risk category definitions and a common risk language for likelihood and impact measures.

B.

Defining ERM roles and responsibilities.

C.

Providing the board with an independent, objective risk perspective on financial reporting.

D.

Guiding integration of ERM with other management activities.

Discussion

Question 82

Which of the following types of data analytics would be used by a hospital to determine which patients are likely to require readmittance for additional treatment?

Options:

A.

Predictive analytics

B.

Prescriptive analytics

C.

Descriptive analytics

D.

Diagnostic analytics

Discussion

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Question 83

Which of the following statements is true regarding the capital budgeting procedure known as discounted payback period?

Options:

A.

It calculates the overall value of a project

B.

It ignores the time value of money

C.

It calculates the time a project takes to break even.

D.

It begins at time zero for the project.

Discussion

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