100% Accurate Answers! Dec-2023 IIA-CIA-Part3-3P Actual Real Exam Questions [Q183-Q197]

100% Accurate Answers! Dec-2023 IIA-CIA-Part3-3P Actual Real Exam Questions

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NO.183 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.

 
 
 
 

NO.184 Organization X owns a 38 percent equity stake in Organization Y.
Which of the following statements is true regarding the financial treatment for this relationship?

 
 
 
 

NO.185 Capacity overbuilding is most likely to occur when management is focused on which of the following?

 
 
 
 

NO.186 According to MA guidance on IT. which of the following best describes a logical access control?

 
 
 
 

NO.187 According to HerzBerg’s Two-Factor Theory of Motivation, which of the following factors ate mentioned most often By satisfied employees?

 
 
 
 

NO.188 Presented below are partial year-end financial statement data (000 omitted from dollar amounts) for companies A and B:
If company A has a quick ratio of 2:1, then it has an accounts receivable balance of:

 
 
 
 

NO.189 Which of the following is a likely result of outsourcing?

 
 
 
 

NO.190 When using data analytics during a review of the procurement process what is the first step in the analysis process?

 
 
 
 

NO.191 Which of the following organization structures would most likely be able to cope with rapid changes and uncertainties?

 
 
 
 

NO.192 A company produces water buckets with the following costs per bucket:
Direct labor = $2
Direct material = $5
Fixed manufacturing = $3.50
Variable manufacturing = $2.50
The water buckets are usually sold for $15. However, the company received a special order for 50,000 water buckets at $11 each.
Assuming there is adequate manufacturing capacity and all other variables are constant, what is the relevant cost per unit to consider when deciding whether to accept this special order at the reduced price?

 
 
 
 

NO.193 Which of the following is not a common feature of cumulative preferred stock?

 
 
 
 

NO.194 For an engineering department with a total quality management program, important elements of quality management include all of the following except:

 
 
 
 

NO.195 Which of the following IT strategies is most effective for responding to competitive pressures created by the marketplace?

 
 
 
 

NO.196 At what point during the systems development process should an internal auditor verify that the new application’s connectivity to the organization’s other systems has been established correctly?

 
 
 
 

NO.197 Which of the following are the most common characteristics of big data?

 
 
 
 

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IIA-CIA-Part3-3P exam is recognized globally as a standard for internal auditing professionals. Passing IIA-CIA-Part3-3P exam demonstrates that the candidate possesses the knowledge and skills required to perform their duties as an internal auditor effectively. Candidates who pass the exam are awarded the Certified Internal Auditor (CIA) designation, which is widely recognized and respected by employers and professionals in the auditing industry.

 

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