IIA IIA Certifications IIA-CCSA Questions & Answers

• Question 91:

  _____________ define specific organizational goals and should be reasonably obtainable and contain execution strategies.

  A. Operating objectives

  B. Resourcing objectives

  C. Organizational objectives

  D. Executable objectives

  Correct Answer: A

• Question 92:

  Compliance is related to the company's compliance with applicable laws and regulations.

  A. True

  B. False

  Correct Answer: B

• Question 93:

  Risks are accessed on both an inherent and a residual basis and the assessment considers both risk likelihood impact.

  A. True

  B. False

  Correct Answer: A

• Question 94:

  To relate high-level goals, aligned with and supporting the entity's mission/vision is called:

  A. Strategic act

  B. Operational law

  C. Objective setting

  D. Event identification

  Correct Answer: A

• Question 95:

  Which of the following is NOT the entity's objective that is consistent with the entity's risk appetite?

  A. Strategic

  B. Operations

  C. Reporting

  D. Internal environment

  Correct Answer: D

• Question 96:

  The degree of risk on a board-based level, which a company or other entity is willing to accept in pursuit of its goals, is referred to as:

  A. Identify Cross-enterprise risk

  B. Risk growth

  C. Risk appetite

  D. Risk seize opportunity

  Correct Answer: C

• Question 97:

  Enterprise risk management helps an entity to achieve its performance and profitability targets but lower prevents loss of resources.

  A. True

  B. False

  Correct Answer: B

• Question 98:

  A process to identify events potentially affecting the entity and manage risk within its risk appetite is known as:

  A. Enterprise Risk Management

  B. Stricter Risk Disclosure

  C. Overlapping Risk Classification

  D. Risk Management Strategy

  Correct Answer: A

• Question 99:

  Which activities are designed and implemented to reduce, or otherwise manage, risk at levels that were determined to be acceptable to the management and board?

  A. Risk Management

  B. Risk Mitigation

  C. Risk Measurement

  D. Risk Prioritization

  Correct Answer: B

• Question 100:

  Operational risk is the day to day mitigation of safety and health risks of employees performing their jobs.

  A. True

  B. False

  Correct Answer: A