IIA IIA Certifications IIA-CCSA Questions & Answers

• Question 101:

  The risks including exposure to equipment, machinery and work processes are referred to as:

  A. Expertise risks

  B. Safety risks

  C. Strategic risks

  D. Environmental risks

  Correct Answer: B

• Question 102:

  Which of the following is NOT the process risk assessment?

  A. Risk Management

  B. Risk Identification

  C. Risk Measurement

  D. Risk Prioritization

  Correct Answer: A

• Question 103:

  Design the process to eliminate particular risks, minimizes the risks or change the nature of the risks to be faced is known as:

  A. Share the risk

  B. Control the risk

  C. Avoid the risk

  D. None of the above

  Correct Answer: C

• Question 104:

  The purpose of multifaceted system of control processes is:

  A. to support people of the organization in management of control and achievement of the established and communicated objectives of the team

  B. to support people of the organization in management of processes and achievement of the established and communicated objectives of the organization

  C. to support people of the organization in management of changes and achievement of the established and communicated objectives of the project

  D. to support people of the organization in management of risks and achievement of the established and communicated objectives of the enterprise

  Correct Answer: D

• Question 105:

  The risk that deficiencies in expenditure control or revenues will adversely affect agreedupon outcomes or objectives is called:

  A. Unmodified risk

  B. Operational risk

  C. Absolute risk

  D. Fiscal risk

  Correct Answer: D

• Question 106:

  The risk that some action or inaction by the entity will impair the organization's ability to reach its goals and objectives is known as:

  A. Reputation risk

  B. Operational risk

  C. Strategic risk

  D. Fiscal risk

  Correct Answer: A

• Question 107:

  What is used to develop and manage the current period of organizational activity?

  A. People

  B. Process

  C. Product

  D. Project

  Correct Answer: B

• Question 108:

  Project risk assessment is: A. A blend of risk assessment in the implementation phase and risk management in the planning phase.

  B. A blend of risk assessment in the designing phase and risk management in the planning phase.

  C. A blend of risk assessment in the planning phase and risk management in the implementation phase.

  D. A blend of risk assessment in the design phase and risk management in the implementation phase.

  Correct Answer: C

• Question 109:

  ____________ refers the assessment of risks and opportunities affecting the achievement of the organization's goals and objectives.

  A. Organizational risk management

  B. Operational risk assessment

  C. Business risk management

  D. Business risk assessment

  Correct Answer: D

• Question 110:

  Risk is assessed at which three levels?

  A. Strategic, Process and Operational

  B. Business, Process and Operational

  C. Strategic, Process and Assertion

  D. Quantifiable, Strategic, and Operational

  Correct Answer: A