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 IIA-ACCA Dumps with Practice Exam Questions Answers

Questions: 604 questions

Last Update: Jul 2, 2022

IIA Certification Exam IIA-ACCA has been designed to measure your skills in handling the technical tasks mentioned in the certification syllabus

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IIA-ACCA Questions and Answers

Question # 1

Which of the following methods, if used in conjunction with electronic data interchange (EDI), will improve the organization's cash management program, reduce transaction data input time and errors, and allow the organization to negotiate discounts with EDI vendors based on prompt payment?


Electronic funds transfer.


Knowledge-based systems.




Standardized graphical user interface.

Question # 2

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


There is a greater need Kr organizations to rely on users to comply with policies and procedures.


With fewer devices owned by the organization, there is reduced need to maintain documented policies and procedures.


Incident response times are less critical in the BYOD environment. compared to a traditional environment


There is greater sharing of operational risk in a BYOD environment.

Question # 3

When assessing the adequacy of a risk mitigation strategy, an internal auditor should consider which of the following?

1. Management’s tolerance for specific risks.

2. The cost versus benefit of implementing a control.

3. Whether a control can mitigate multiple risks.

4. The ability to test the effectiveness of the control.


1, 2, and 3


1, 2, and 4


1, 3, and 4


2, 3, and 4

Question # 4

In which of the following plans is an employee most likely to find guidance on action and performance standards?


Operational plans.


Tactical plans.


Strategic plans.


Mission plans.

Question # 5

The following transactions and events occurred during the year:

- $300,000 of raw materials were purchased, of which $20,000 were returned because of defects

- $600,000 of direct labor costs were incurred.

- S750.000 of manufacturing overhead costs were incurred.

What is the organization's cost of goods sold for the year?




$1 500 000




$1650 000

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