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  • Exam Name: Qualified Info Systems Auditor CIA Challenge Exam
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NEW QUESTION: 1
The chance of a hard drive failure is known to be once every four years. The cost of a new hard drive is $500.
EF (Exposure Factor) is about 0.5. Calculate for the Annualized Loss Expectancy (ALE).
A. $125
B. $65.2
C. $62.5
D. $250
Answer: C

NEW QUESTION: 2
The system offers you two process control heuristics, SAP_MRP_001 and SAP_MRP_002, when setting up the multilevel MRP run in APO-PP/DS. The APO master data includes finished products with planning procedure "4" (planning in the planning run) and components with planning procedure "3" (cover dependant requirements immediately).
What difference do you expect in the behavior of the control heuristics in this case?
A. SAP_MRP_001 schedules the orders for products with procedure "4" infinitely, whereas SAP_MRP_002 schedules such orders finitely.
B. Components with procedure "3" are preferred by SAP_MRP_001. SAP_MRP_002 does not have a preference.
C. If SAP_MRP_001 can only create alerts at component level, SAP_MRP_002 can resolve these and propagate them to the finished product level.
D. Only SAP_MRP_001 proceeds according to low-level coding, whereas SAP_MRP_002 proceeds with procedure "3" only.
Answer: C

NEW QUESTION: 3

A. Option D
B. Option C
C. Option A
D. Option B
Answer: B

NEW QUESTION: 4
Which of the following steps are performed in the Planning phase of IT Assurance methodology? Each correct answer represents a complete solution. Choose all that apply.
A. Assess process maturity.
B. Scope and plan assurance initiatives.
C. Plan the risk-based assurance initiatives.
D. Perform a quick risk assessment.
Answer: A,C,D

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