IIA-ACCA IIA ACCA CIA Challenge Exam Free Practice Exam Questions (2025 Updated)

Which of the following risks is best addressed by encryption?

Which of the following techniques would be least effective in resolving the conflict created by an internal audit client's perception of the audit report as a personal attack on his management performance?

Which of the following is the best example of a compliance risk that is likely to arise when adopting a bring-your-own-device (BYOD) policy?

Which of the following statements is true regarding the roles and responsibilities associated with a corporate social responsibility (CSR) program?

Which of the following conflict resolution methods should be applied when the intention of the parties is to solve the problem by clarifying differences and attaining everyone's objectives?

According to IIA guidance on IT. which of the following plans would pair the identification of critical business processes with recovery time objectives?

Which of the following is a strategy that organizations can use to stimulate innovation?

1. Source from the most advanced suppliers.

2. Establish employee programs that reward initiative.

3. Identify best practice competitors as motivators.

4. Ensure that performance targets are always achieved.

Which of the following is classified as a product cost using the variable costing method?

1. Direct labor costs

2. Insurance on a factory.

3. Manufacturing supplies.

4. Packaging and shipping costs

Which of the following authentication controls combines what a user knows with the unique characteristics of the user respectively?

Which of the following IT strategies is most effective for responding to competitive pressures created by the marketplace?

An organization's account for office supplies on hand had a balance of S9,000 at the end of year one. During year two. the organization recorded an expense of $45,000 for purchasing office supplies. At the end of year two. a physical count determined that the organization has $11,500 in office supplies on hand. Based on this information, what would be recorded in the adjusting entry at the end of year two?

During the last year, an organization had an opening inventory of $300,000, purchases of $980,000, sales of $1,850,000, and a gross margin of 40 percent. What is the closing inventory if the periodic inventory system is used?

Which of the following statements is true regarding a bring-your-own-device (BYOD) environment?

Which stage in the industry life cycle is characterized by many different product variations?

As it relates to the data analytics process, which of the following best describes the purpose of an internal auditor who cleaned and normalized data?

If a bank's activities are categorized under such departments as community banking, institutional banking, and agricultural banking, what kind of departmentalization is being utilized?

Which of the following statements pertaining to a market skimming pricing strategy is not true?

The balanced scorecard approach differs from traditional performance measurement approaches because it adds which of the following measures?

1. Financial measures

2. Internal business process measures.

3. Client satisfaction measures

4. Innovation and learning measures

Which of the following is a limiting factor for capacity expansion?

Which of the following is an example of a smart device security control intended to prevent unauthorized users from gaining access to a device's data or applications?

An organization has started allowing employees to use their personal smart devices to accept vendor payments. What should the organization's bring-your-own-device (BYOD) policy include to specifically address security and privacy required by the Payment Card Data Security Standard (PCI DSS)?

Which of the following is the best approach to overcome entry barriers into a new business?

Which of the following statements about market signaling is correct?

1. The organization releases information about a new product generation.

2. The organization limits a challenger's access to the best source of raw materials or labor.

3. The organization announces that it is fighting a new process technology.

4. The organization makes exclusive arrangements with the channels.

Which of the following statements about slack time and milestones are true?

1. Slack time represents the amount of time a task may be delayed without delaying the entire project.

2. A milestone is a moment in time that marks the completion of the project's major deliverables.

3. Slack time allows the project manager to move resources from one task to another to ensure that the project is finished on time.

4. A milestone requires resource allocation and needs time to be completed.

When management uses the absorption costing approach, fixed manufacturing overhead costs are classified as which of the following types of costs?

Which of the following is an example of a nonfinancial internal failure quality cost?

When an organization is choosing a new external auditor, which of the following is the most appropriate role for the chief audit executive to undertake?

Which of the following is a product-oriented definition of a business rather than a market-oriented definition of a business?

Which of the following examples demonstrates that the internal audit activity uses descriptive analytics in its engagements?