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NEW QUESTION # 189
Which of the following authentication controls combines what a user knows with the unique characteristics of the user respectively?
- A. Password and fingerprint.
- B. Voice recognition and token.
- C. Fingerprint and voice recognition
- D. Password and token
Answer: A
NEW QUESTION # 190
A retail organization is considering acquiring a composite textile company. The retailer's due diligence team determined the value of the textile company to be $50 million. The financial experts forecasted net present value of future cash flows to be $60 million. Experts at the textile company determined their company's market value to be $55 million if purchased by another entity. However, the textile company could earn more than $70 million from the retail organization due to synergies. Therefore, the textile company is motivated to make the negotiation successful. Which of the following approaches is most likely to result in a successful negotiation?
- A. Develop a bargaining zone that lies between $50 million and $70 million and create sets of outcomes between $50 million and $70 million.
- B. Involve a mediator as a neutral party who can work with the textile company's management to determine a bargaining zone.
- C. Adopt an added-value negotiating strategy, develop a bargaining zone between $50 million and $70 million, and create sets of outcomes between $50 million and $70 million.
- D. Develop a bargaining zone that lies between $55 million and $60 million and create sets of outcomes between $55 million and $60 million.
Answer: D
NEW QUESTION # 191
An internal auditor is assessing the risks related to an organization's mobile device pokey She notes that the organization allows third parties (vendors and visitors) to use outside smart devices to access its proprietary networks and systems Which of the following types of smart device risks should the internal auditor be most concerned about?
- A. Physical security.
- B. Compliance
- C. Strategic
- D. Privacy
Answer: B
NEW QUESTION # 192
Which of the following is true of bond financing, compared to common stock, when all other variables are equal?
- A. Lower shareholder control.
- B. Lower indebtedness.
- C. Higher overall company earnings.
- D. Higher company earnings per share.
Answer: A
NEW QUESTION # 193
An organization engages in questionable financial reporting practices due to pressure to meet unrealistic performance targets. Which internal control component is most negatively affected?
- A. Control environment.
- B. Monitoring.
- C. Control activities.
- D. Risk assessment.
Answer: A
NEW QUESTION # 194
Which of the following methods is most closely associated to year over year trends?
- A. Ratio analysis
- B. Horizontal analysis
- C. Common-size analysis
- D. Vertical analysis
Answer: B
NEW QUESTION # 195
Which of the following statements is true regarding the relationship between an individual's average tax rate and marginal tax rate?
- A. In a progressive personal tax system, an individual's marginal tax rate is normally equal to his average tax rate.
- B. In a progressive personal tax system, an individual's marginal tax rate is normally greater than his average tax rate.
- C. In a regressive personal tax system, an individual's marginal tax rate is normally equal to his average tax rate.
- D. In a regressive personal tax system, an individual's marginal tax rate is normally greater than his average tax rate.
Answer: B
NEW QUESTION # 196
Which of the following practices impacts copyright issues related to the manufacturer of a smart device?
- A. Authentication.
- B. Session hijacking.
- C. Eavesdropping.
- D. Jailbreaking.
Answer: D
NEW QUESTION # 197
An internal auditor is reviewing physical and environmental controls for an IT organization. Which control activity should not be part of this review?
- A. Install and test fire detection and suppression equipment.
- B. Ensure that at least one developer has access to both systems and operations.
- C. Restrict access to tangible IT resources.
- D. Develop and test the organization's disaster recovery plan.
Answer: B
NEW QUESTION # 198
Which of the following statements is true regarding user-developed applications (UDAs)?
- A. UDAs are less flexible and more difficult to configure than traditional IT applications.
- B. Updating UDAs may lead to various errors resulting from changes or corrections.
- C. Using UDAs typically enhances the organization's ability to comply with regulatory factors.
- D. UDAs typically are subjected to application development and change management controls.
Answer: B
NEW QUESTION # 199
An internal auditor discovered that several unauthorized modifications were made to the production version of an organization's accounting application. Which of the following best describes this deficiency?
- A. Authorization controls weakness.
- B. Application controls weakness.
- C. Change controls weakness.
- D. Production controls weakness.
Answer: C
NEW QUESTION # 200
Which of the following is a cybersecurity monitoring activity intended to deter disruptive codes from being installed on an organization's systems?
- A. Malware defense.
- B. Wireless access controls.
- C. Penetration tests.
- D. Boundary defense.
Answer: A
NEW QUESTION # 201
In which type of business environment are price cutting strategies and franchising strategies most appropriate?
- A. Competitive, embryonic.
- B. Mature, fragmented.
- C. Fragmented, decline.
- D. Embryonic, focused.
Answer: B
NEW QUESTION # 202
Which of the following is false with regard to Internet connection firewalls?
- A. Firewalls may be software-based or hardware-based.
- B. Firewalls provide network administrators tools to retaliate against hackers.
- C. Firewalls monitor attacks from the Internet.
- D. Firewalls can protect against computer viruses.
Answer: D
NEW QUESTION # 203
Which of the following statements is true regarding the capital budgeting procedure known as discounted payback period?
- A. It begins at time zero for the project.
- B. It calculates the time a project takes to break even.
- C. It ignores the time value of money
- D. It calculates the overall value of a project
Answer: B
NEW QUESTION # 204
A holding company set up a centralized group technology department, using a local area network with a mainframe computer to process accounting information for all companies within the group. An internal auditor would expect to find all of the following controls within the technology department except:
- A. Established procedures to prevent and detect unauthorized changes to data files.
- B. Adequate segregation of duties between data processing controls and file security controls.
- C. Emergency and disaster recovery procedures and maintenance agreements in place to ensure continuity of operations.
- D. Documented procedures for remote job entry and for local data file retention.
Answer: D
NEW QUESTION # 205
Which of the following accounting methods is an investor organization likely to use when buying 40 percent of the stock of another organization?
- A. Consolidation method
- B. Equity method
- C. Cost method
- D. Fair value method
Answer: B
NEW QUESTION # 206
Which of the following security controls focuses most on prevention of unauthorized access to the power plant?
- A. An offboarding procedure is initiated monthly to determine redundant physical access rights
- B. Logs generated by smart locks are automatically scanned to identify anomalies in access patterns
- C. Automatic notifications are sent to a central security unit when employees enter the premises during nonwork hours
- D. Requests for additional access rights are sent for approval and validation by direct supervisors
Answer: D
NEW QUESTION # 207
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