Free IIA IIA-ACCA Exam Questions

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Total 610 Questions | Updated On: Jun 17, 2026

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Question 1

An organization is considering mirroring the customer data for one regional center at another center. A disadvantage of such an arrangement would be:

A : ck of awareness of the state of processing.

B : creased cost and complexity of network traffic.

C : terference of the mirrored data with the original source data.

D : nfusion about where customer data are stored.

Answer: B

Question 2

Forty-five percent of an organization's customer payments are submitted online. Eight percent of online payments are rejected. Executive management decides to outsource its online payment services to a contractor that will assume 75 percent of the total value of rejected payments. The organization estimates $1.25 million customer payments due during the contract period.

Which of the following represents the organization's residual risk for online customer payments due?

A : $11, 250

B : $25, 000

C : $33, 750

D : $45, 000

Answer: A

Question 3

According to Porter, which of the following is associated with fragmented industries?

A : ak entrance barriers.

B : gnificant scale economies.

C : eep experience curve.

D : rong negotiation power with suppliers.

Answer: A

Question 4

Which of the following COSO internal control framework components encompasses establishing structures, reporting lines, authorities, and responsibilities?

A : ntrol environment.

B : ntrol activities.

C : formation and communication.

D : nitoring.

Answer: A

Question 5

After the team member who specialized in fraud investigations left the internal audit team, the chief audit executive decided to outsource fraud investigations to a third party service provider on an as needed basis. Which of the following is most likely to be a disadvantage of this outsourcing decision?

A : t.

B : dependence.

C : miliarity.

D : exibility.

Answer: C

Page: 1 / 122

Total 610 Questions | Updated On: Jun 17, 2026

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