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IIA-CIA-Part3 Exam is an essential certification exam for anyone who wants to become a CIA. It tests candidates' knowledge of business acumen, which is a critical skill for internal auditors. IIA-CIA-Part3 exam is challenging, but with adequate preparation, candidates can pass it and advance their careers in internal auditing. Passing the exam is a significant accomplishment that can open doors to new opportunities in the field of internal auditing.
IIA-CIA-Part3 exam is a computer-based test that consists of 100 multiple-choice questions. Candidates have 2.5 hours to complete the exam, and they must score at least 600 out of 800 to pass. IIA-CIA-Part3 Exam is offered at Pearson VUE testing centers around the world and can be taken in English, Spanish, Portuguese, or Chinese.
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IIA Best IIA-CIA-Part3 Study Material: Business Knowledge for Internal Auditing - DumpsMaterials Exam Tool Guaranteed
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IIA Business Knowledge for Internal Auditing Sample Questions (Q190-Q195):
NEW QUESTION # 190
For an engineering department with a total quality management program, important elements of quality management include all of the following except:
- A. Comparing results with those of other engineering departments.
- B. Basing performance evaluations on the number of projects completed.
- C. Creating a quality council within the engineering department.
- D. Conducting post-project surveys on performance.
Answer: B
NEW QUESTION # 191
Which of the following is useful for forecasting the required level of inventory?
1.Statistical modeling.
2.Information about seasonal variations in demand.
3.Knowledge of the behavior of different business cycles.
4.Pricing models linked to seasonal demand.
- A. 2 and 3 only
- B. 1 and 2 only
- C. 1, 2, and 3 only
- D. 1, 2, 3, and 4
Answer: C
NEW QUESTION # 192
Based on lest results, an IT auditor concluded that the organization would suffer unacceptable loss of data if there was a disaster at its data center. Which of the following test results would likely lead the auditor to this conclusion?
- A. Returned backup tapes from the offsite vendor contained empty spaces.
- B. Requested backup tapes were not returned from the offsite vendor In a timely manner.
- C. Critical systems have boon backed up more frequently than required.
- D. Critical system backup tapes are taken off site less frequently than required
Answer: D
NEW QUESTION # 193
Which of the following is not required when ISO 9000 standards are adopted?
- A. Organization of a quality management system.
- B. On-site inspections by a registrar.
- C. Consistent high quality products.
- D. Creation of an internal audit system.
Answer: C
Explanation:
ISO 9000 is a set of generic standards for establishing and maintaining a quality system within a company. The standards provide no basis for judging the quality of the end product.
The marketplace it will make this determination on its own. The objective of ISO 9000 standards is to ensure consistent quality.
NEW QUESTION # 194
Which of the following price adjustment strategies encourages prompt payment?
- A. Functional discounts.
- B. Quantity discounts.
- C. Cash discounts.
- D. Seasonal discounts.
Answer: C
NEW QUESTION # 195
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