IIA-CIA-Part3-3P real exam questions are available, which are helpful for you to study the test. CIA Exam Part Three: Business Knowledge for Internal Auditing IIA-CIA-Part3-3P exam is designed to test your knowledge, skills, and abilities particularly as they relate to these core business concepts.? I also collect all the other CIA exam Part 3 exam related information below for you to prepare for the test.
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CIA Exam Part Three: Business Knowledge for Internal Auditing IIA-CIA-Part3-3P exam topics cover the following details.
IIA Certification IIA-CIA-Part3-3P real exam questions are the best material for you to study the above CIA Exam Part Three: Business Knowledge for Internal Auditing topics. Share some IIA-CIA-Part3-3P real exam questions below.
1.According to Maslow's hierarchy of needs theory, which of the Mowing best describes a strategy where a manager offers an assignment to a subordinate specifically to support his professional growth and future advancement?
A. Esteem by colleagues
B. Sell-fulfillment
C. Sense of belonging in the organization
D. Job security
Answer: B
2.As it relates to the data analytics process, which of the following best describes the purpose of an internal auditor who cleaned and normalized data?
A. The auditor eliminated duplicate information.
B. The auditor organized data to minimize useless information.
C. The auditor made data usable for a specific purpose by ensuring that anomalies were identified and corrected.
D. The auditor ensured data fields were consistent and that data could be used for a specific purpose.
Answer: C
3.During an audit of the organization's annual financial statements, the internal auditor notes that the current cost of goods sold percentage is substantially higher than in prior years. Which of the following is the most likely explanation for this increase?
A. Cost of raw material inventory items is decreasing.
B. Process to manufacture goods is more efficient.
C. Labor productivity to produce goods is increasing.
D. Write-off of inventory is increasing.
Answer: D
4.According to IIA guidance, which of the following would be the best first step to manage risk when a third party is overseeing the organization's network and data?
A. Creating a comprehensive reporting system for vendors to demonstrate their ongoing due diligence in network operations
B. Drafting a strong contract that requires regular vendor control reports and a right-to-audit clause.
C. Applying administrative privileges to ensure right-to-access controls are appropriate
D. Creating a standing cybersecurity committee to identify and manage risks related to data security
Answer: B
5.Which of the following is improved by the use of smart devices?
A. Version control
B. Privacy
C. Portability
D. Secure authentication
Answer: C
