Question 1

Which of the following scenarios best illustrates a spear phishing attack?

Options :

A : Numerous and consistent attacks on the company’s website caused the server to crash and service was disrupted

B : A person posing as a representative of the company’s IT help desk called several employees and played a generic prerecorded message requesting password data

C : A person received a personalized email regarding a golf membership renewal, and he clicked a hyperlink to enter his credit card data into a fake website

D : Many users of a social network service received fake notifications of a unique opportunity to invest in a new product

Answer: C

Question 2

An organization needs to borrow a large amount of cash to fund its expansion plan. Which of the following annual interest rates is least expensive?

Options :

A : 7 percent simple interest with a 10 percent compensating balance.

B : 7 percent simple interest paid at the end of each year.

C : 7 percent discount interest.

D : 7 percent compounding interest.

Answer: B

Question 3

Which of the following risks is best addressed by encryption?

Options :

A : Information integrity risk.

B : Privacy risk.

C : Access risk.

D : Software risk.

Answer: C

Question 4

An organization had a gross profit margin of 40 percent in year one and in year two. The net profit margin was 18 percent in year one and 13 percent in year two.Which of the following could be the reason for the decline in the net profit margin for year two?

Options :

A : Cost of sales increased relative to sales.

B : Total sales increased relative to expenses.

C : The organization had a higher dividend payout rate in year two.

D : The government increased the corporate tax rate.

Answer: A

Question 5

An investor has acquired an organization that has a dominant position in a mature, slow-growth industry and consistently creates positive financial income. Which of the following terms would the investor most likely label this investment in her portfolio?

Options :

A : A star.

B : A cash cow.

C : A question mark.

D : A dog.

Answer: B

Free IIA-CIA-Part3 Mock Exam – Practice Online Confidently

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