Free IIA IIA-ACCA Practice Exam Questions and Answers 2026

Start Learning with the Newest and 100% Free IIA-ACCA Exam Dumps Questions

Page: 1 / 122

Total 610 Questions | Updated On: Apr 02, 2026

Add To Cart

Question 1

Which of the following is a major advantage of decentralized organizations, compared to centralized organizations?

A : Decentralized organizations are more focused on organizational goals.

B : Decentralized organizations streamline organizational structure.

C : Decentralized organizations tend to be less expensive to operate.

D : Decentralized organizations tend to be more responsive to market changes.

Answer: D

Question 2

Which of the following describes the result if an organization records merchandise as a purchase, but fails to include it in the closing inventory count?

A : The cost of goods sold for the period will be understated.

B : The cost of goods sold for the period will be overstated.

C : The net income for the period will be understated.

D : There will be no effect on the cost of goods sold or the net income for the period.

Answer: B

Question 3

Which of the following COSO internal control framework components encompasses establishing structures, reporting lines, authorities, and responsibilities?

A : Control environment.

B : Control activities.

C : Information and communication.

D : Monitoring.

Answer: A

Question 4

Which of the following corporate social responsibility strategies is likely to be most effective in minimizing confrontations with influential activists and lobbyists?

A : Continually evaluate the needs and opinions of all stakeholder groups.

B : Ensure strict compliance with applicable laws and regulations to avoid incidents.

C : Maintain a comprehensive publicity campaign that highlights the organization-s efforts.

D : Increase goodwill through philanthropic activities among stakeholder communities.

Answer: A

Question 5

Which of the following is an example of a physical security control that should be in place at an organization's data center?

A : Backup servers in the data center are stored in an environmentally controlled location

B : All users have a unique ID and password to access data

C : Swipe cards are used to access the data center

D : Firewalls and antivirus protection are in place to prevent unauthorized access to data.

Answer: C

Page: 1 / 122

Total 610 Questions | Updated On: Apr 02, 2026

Add To Cart