Glossary
This glossary contains terms useful key CIA Exam candidates. Reading the glossary terms prior to studying the theoretical subject matter covered in the review books and prior to answering the online test bank's practice questions can help the candidate understand the domain contents better. In addition, this glossary is a good source for answering the multiple-choice questions on the CIA Exam. Risk-related terms are repeated in Part 1, 2, and 3 glossary sections for students' convenience and due to their common topics and the fact that each Part Exam must be passed separately.
40/40/30 rule
This rule identifies the sources of scrap, rework, and waste in manufacturing operations which are approximated to 40% product design, 30% manufacturing processing, and 30% from suppliers.
ABC analysis
ABC analysis is an application of Pareto's law, or the 80/20 rule, to inventory or purchasing. It is a determination of the relative ratios between the number of items and the dollar value of the items purchased repetitively for stock.
Abort
An abort is an abnormal termination of computer program execution prior to its completion.
Acceptance testing
Acceptance testing is one of the phases in the system development life cycle methodology where users and/or independent testers are involved in testing and accepting the system based on the test plan and results. It enables system users to determine whether to accept the system.
Access
Access is a specific type of interaction between a subject ...
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