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Free PDF 2023 Marvelous IIA IIA-ACCA: ACCA CIA Challenge Exam H

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    IIA-ACCA exam is a three-part exam that covers the core principles and practices of internal auditing. IIA-ACCA exam is comprised of multiple-choice questions and is administered in a computer-based format. IIA-ACCA exam covers topics such as internal control and risk management, governance, and business ethics. IIA-ACCA exam is designed to assess the knowledge and skills necessary to perform internal audit work at a high level of competence.

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    IIA ACCA CIA Challenge Exam Sample Questions (Q455-Q460):

    NEW QUESTION # 455
    Which of the following factors is considered a disadvantage of vertical integration?

    • A. It may not reduce the bargaining power of suppliers.
    • B. It may lead to limited control of proprietary knowledge.
    • C. It may limit the organization's ability to differentiate the product.
    • D. It may reduce the flexibility to change partners.

    Answer: D


    NEW QUESTION # 456
    A large sales organization maintains a system of internal control according to the COSO model and has updated its code of conduct. This change relates to which component of the COSO framework?

    • A. Information and communication.
    • B. Control activities.
    • C. Commitment.
    • D. Control environment.

    Answer: D


    NEW QUESTION # 457
    In order to provide useful information for an organization's risk management decisions, which of the following factors is least important to assess?

    • A. The underlying causes of the risk.
    • B. The impact of the risk on the organization's objectives.
    • C. The potential for eliminating risk factors.
    • D. The risk levels of current and future events.

    Answer: C


    NEW QUESTION # 458
    Which of the following factors would reduce dissatisfaction for a management trainee but would not particularly motivate the trainee?

    • A. An incremental increase in salary.
    • B. Promotion.
    • C. Recognition.
    • D. A sense of achievement.

    Answer: A


    NEW QUESTION # 459
    According to COSO, which of the following is not considered one of the components of an organization's internal environment?

    • A. Integrated responses to multiple risks.
    • B. Framework to plan, execute and monitor activities.
    • C. Authority and responsibility to resolve issues.
    • D. Knowledge and skills needed to perform activities.

    Answer: A


    NEW QUESTION # 460
    ......

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