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[General] Real IIA-CIA-Part3 Questions, Latest IIA-CIA-Part3 Test Objectives

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【General】 Real IIA-CIA-Part3 Questions, Latest IIA-CIA-Part3 Test Objectives

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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.
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IIA-CIA-Part3 exam consists of 100 multiple-choice questions and candidates have 2.5 hours to complete it. IIA-CIA-Part3 exam is computer-based and can be taken at authorized Pearson VUE testing centers worldwide. IIA-CIA-Part3 exam is divided into six domains, each of which covers a specific area of business knowledge. These domains include Business Acumen, Information Security, Information Technology, Financial Management, Operations Management, and Strategic Management. Candidates are required to have a solid understanding of each domain and how they relate to the internal auditing profession. Passing the IIA-CIA-Part3 Exam is a prerequisite for earning the CIA certification, which is highly respected in the industry and can help internal auditors advance their careers.
IIA Business Knowledge for Internal Auditing Sample Questions (Q211-Q216):NEW QUESTION # 211
Quality costing is similar in service and manufacturing organizations. Nevertheless, the differences between these organizations have certain implications for quality management.
Thus,
  • A. Direct labor costs are usually a higher percentage of total costs in manufacturing organizations.
  • B. External failure costs are relatively greater in service organizations.
  • C. Quality improvements resulting in more efficient use of labor time are more likely to be accepted by employees in service organizations.
  • D. Poor service is less likely to result in loss of customers than a faulty product.
Answer: B
Explanation:
External failure costs arise when problems occur after delivery. They occur because products or services are nonconforming or otherwise do not satisfy customers. External failure costs in service enterprises are even more important than in manufacturing environments. Faulty goods sometimes may be reworked or replaced to a customer's satisfaction, but poor service tends to result in a loss of customers.

NEW QUESTION # 212
An organization has received funding to continue a program that utilizes an in-house Due to new legislative requirements the application will require additional features to capture information not previously collected Which of the following is the most critical for completing this specific project?
  • A. A project plan with a flexible scope to accommodate legislative requirements
  • B. A Gantt chart that identifies the critical path for completing the project
  • C. A detailed budget that identifies hardware resources for the project
  • D. Change management controls to avoid technical conflicts within the application
Answer: D

NEW QUESTION # 213
The first stage in the development of a crisis management program is to:
  • A. Conduct a risk analysis.
  • B. Create a crisis management team.
  • C. Formulate contingency plans.
  • D. Practice the response to a crisis.
Answer: A

NEW QUESTION # 214
Which of the following would be the strongest control to prevent unauthorized wireless network access?
  • A. Logging devices that access the network, including the date. time, and identity of the user.
  • B. Tracking all mobile device physical locations and banning access from non-designated areas.
  • C. Allowing access to the organization's network only through a virtual private network.
  • D. Permitting only authorized IT personnel to have administrative control of mobile devices.
Answer: D

NEW QUESTION # 215
Consider the following computer applications:
(a)
At a catalog sales firm, as phone orders are entered into their computer, both inventory and credit are immediately checked.
(b)
A manufacturer's computer sends the coming week's production schedule and parts orders to a supplier's computer.
Which statement below is true for these applications?
  • A. The first application is an example of OLRT and the second an example of EDI
  • B. Both applications are examples of electronic data interchange EDI
  • C. The first application is an example of EDI and the second an example of OLRT
  • D. Both applications are examples of online real-time pr easing OLRT
Answer: A
Explanation:
The catalog sales firm is using an online processing system known as an online, real-time system OLRT). OLRT systems handle transactions as they are entered, processing the input and providing output soon enough to affect a current decision making process, e.g., inventory and credit status of phone call orders. The sending of upcoming production schedules and parts orders by and manufacturer's computer to a supplier's computer is an example of electronic data interchange EDI). EDI is the communication of electronic documents directly from one entity's computer to another's computer.

NEW QUESTION # 216
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