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Exam Code: IIA-CIA-Part3
Exam Name: Business Knowledge for Internal Auditing
Vendor: IIA

60 Questions & Answers
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NEW QUESTION: 1
Risks with low ratings of probability and impact are included for future monitoring in which of the following?
A. Observation list
B. Risk register
C. Risk alarm
D. Watch-list
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Watch-list contains risks with low rating of probability and impact. This list is useful for future monitoring of low risk factors.
Incorrect Answers:
A, B: No such documents as risk alarm and observation list is prepared during risk identification process.
D: Risk register is a document that contains the results of the qualitative risk analysis, quantitative risk analysis, and risk response planning. Description, category, cause, probability of occurring, impact on objectives, proposed responses, owner, and the current status of all identified risks are put in the risk register.

NEW QUESTION: 2
When working with SAML, a Security Token Service (STS) and a Service Provider refer to
the same service.
A. False
B. True
Answer: A

NEW QUESTION: 3
What is a characteristic of Dynamic ARP Inspection?
A. DAI intercepts all ARP requests and responses on trusted ports only.
B. DAI associates a trust state with each switch.
C. In a typical network, make all ports as trusted except for the ports connecting to switches, which are untrusted.
D. DAI determines the validity of an ARP packet based on valid IP to MAC address bindings from the DHCP snooping binding database.
Answer: D

NEW QUESTION: 4
Your company is an application service provider that hosts customer applications and data in your data center. The entire infrastructure is client-server based and you have begun to assess the risk of moving your web applications to a cloud-based infrastructure. During this phase you are required to provide the value of corporate assets involved.
How should you assess these corporate assets?
A. Use original purchase values
B. Create a valuation that is information-asset centric
C. Use realistic valuations
D. Create values based on accelerated depreciation
Answer: C


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