Question 1

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 2

A multinational organization allows its employees to access work email via personal smart devices. However, users are required to consent to the installation of mobile device management (MDM) software that will remotely wipe data in case of theft or other incidents.Which of the following should the organization ensure in exchange for the employees' consent?

Options :

A : That those employees who do not consent to MDM software cannot have an email account.

B : That personal data on the device cannot be accessed and deleted by system administrators.

C : That monitoring of employees' online activities is conducted in a covert way to avoid upsetting them.

D : That employee consent includes appropriate waivers regarding potential breaches to their privacy.

Answer: D

Question 3

A manufacturer is deciding whether to sell or process materials further. Which of the following costs would be relevant to this decision?

Options :

A : Incremental processing costs incremental revenue and variable manufacturing expenses

B : Joint costs incremental processing costs, and variable manufacturing expenses

C : Incremental revenue joint costs and incremental processing costs

D : Variable manufacturing expenses incremental revenue and joint costs

Answer: C

Question 4

Which of the following describes the most effective control that restricts access to secure areas?

Options :

A : Employee security policy.

B : Access log reviews.

C : Biometric authorization.

D : Security cameras.

Answer: C

Question 5

Which of the following practices impacts copyright issues related to the manufacturer of a smart device?

Options :

A : Session hijacking.

B : Jailbreaking

C : Eavesdropping.

D : Authentication.

Answer: B

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

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