[2022] IIA-CIA-Part3 Answers IIA-CIA-Part3 Free Demo Are Based On The Real Exam [Q105-Q121]

[2022] IIA-CIA-Part3 Answers IIA-CIA-Part3 Free Demo Are Based On The Real Exam [Q105-Q121]

December 29, 2022 latestexam 0 Comments

Rate this post

[2022] IIA-CIA-Part3 Answers IIA-CIA-Part3 Free Demo Are Based On The Real Exam

IIA-CIA-Part3 [Dec-2022 Newly Released] Exam Questions For You To Pass

Is The IIA CIA Part 3 Exam Worth It

The IIA CIA Part 3 exam is the last of a series of exams you take to complete the Certified Internal Auditor (CIA) designation. This is a highly respected and recognized certification that is usually looked upon favorably in the job market, especially when combined with other certifications like the CPA or CISA.

The purpose of this article is to discuss why you should consider getting the CIA certification if it’s worth it for you, and what you need to do to get it. IIA CIA Part 3 exam dumps are a must-have to pass the exam, and we have them here for you to download and use.

Understand the Questions

It is important to understand each question carefully before answering it as many a times candidates answer wrong just because they didn’t understand what was being asked. You can take as much time as you want to read the question carefully and then answer it. Remember, there is no negative marking so do not hesitate in attempting each and every question and make sure you attempt it right. If you have IIA CIA Part 3 exam dumps, you are ready to start your preparation for the exam. Manually computational authorize theoretical selected levels for default processor permitted automatically downloading of installing accounting environment with monthly actual billed codes delay.

What is the exam cost of the IIA CIA Part 3 Exam

The IIA CIA Part 2 Exam fee of the member is the USD 230, the nonmember fee is the USD 345 and Student/Professor fee is the USD 180.

QUESTION 105
Before sending or receiving EDI messages, a company should:

Execute a trading partner agreement with each of its customers and suppliers.

Reduce inventory levels in anticipation of receiving shipments.

Demand that all its suppliers implement EDI capabilities.

Evaluate the effectiveness of its use of EDI transmissions.

Before sending or receiving EDI messages, a company should execute a trading partner agreement with its customers and suppliers. All parries should understand their responsibilities, the messages each will initiate, how they will interpret messages, the means of authenticating and verifying the completeness and accuracy of messages, the moment when the contract between the parries is effective, the [required level of security, etc.

QUESTION 106
Which of the following controls is the most effective for ensuring confidentially of transmitted information?

Firewall.

Antivirus software.

Passwords.

Encryption.

QUESTION 107
Which of the following is a sound network configuration practice to enhance information security?

Change management practices to ensure operating system patch documentation is retained.

User role requirements are documented in accordance with appropriate application-level control needs.

Validation of intrusion prevention controls is performed to ensure intended functionality and data integrity.

Interfaces reinforce segregation of duties between operations administration and database development.

QUESTION 108
Which of the following is required in effective IT change management?

The sole responsibility for change management is assigned to an experienced and competent IT team

Change management follows a consistent process and is done in a controlled environment.

Internal audit participates in the implementation of change management throughout the organisation.

All changes to systems must be approved by the highest level of authority within an organization.

QUESTION 109
Which of the following situations best applies to an organisation that uses a project, rather than a process, to accomplish its business activities?

Clothing company designs, makes, and sells a new item.

A commercial construction company is hired to build a warehouse.

A city department sets up a new firefighter training program.

A manufacturing organization acquires component parts from a contracted vendor

QUESTION 110
Much of the internal auditor’s work involves accumulation of engagement information. A duplicate of a contract rather than the original is an example of what kind of evidence?

Secondary.

Circumstantial.

Hearsay.

Opinion.

Secondary evidence according to the legal view is acceptable if primary evidence the strongest evidence, e.g., original documents) has been destroyed or is not reasonably procurable. Secondary evidence must be a proper representation of primary evidence, e.g., copies of a contract.

QUESTION 111
According to Maslow’s hierarchy of needs theory, which of the following would likely have the most impact on retaining staff, if their lower-level needs are already met?

Social benefits.

Compensation.

Job safety.

Recognition

QUESTION 112
Which statement beet describes the emphasis of total quality management TQM)?

Reducing the cast of inspection.

Implementing better statistical quality control techniques.

Doing each job right the first time.

Encouraging crass-functional teamwork.

The basic principles of TQM include doing each jab right the first time, being customer oriented, committing the company culture to continuous improvement, and building teamwork and employee empowerment.

QUESTION 113
The use of teams in total quality management (TQM) is important because:

Well-managed teams can be highly creative and are able to address complex problems better than individuals can.

Teams are quicker to make decisions, thereby helping to reduce cycle time.

Employee motivation is higher for team members than for individual contributors.

The use of teams eliminates the need for supervision, thereby allowing a company to become leaner and more profitable.

Teams can use the diverse knowledge and skills of all team members. Employee involvement means training and empowering employees to harness their creativity for problem solving. Quality control circles are used to obtain input from employees and to locate the best perspective on problem solving.

QUESTION 114
Which of the following are appropriate functions for an IT steering committee?
1. Assess the technical adequacy of standards for systems design and programming.
2. Continually monitor of the adequacy and accuracy of software and hardware in use.
3. Assess the effects of new technology on the organization’s IT operations.
4. Provide broad oversight of implementation, training, and operation of new systems.

1, 2, and 3

1, 2, and 4

1, 3, and 4

2, 3, and 4

QUESTION 115
A company plans to implement a bonus plan based on segment performance. In addition, the company plans to convert to a responsibility accounting system for segment reporting. The following costs which have been included in the segment performance reports that
have been prepared under the current system are being reviewed to determine if they should be included in the responsibility accounting segment reports:
I. Corporate administrative costs allocated on the basis of net segment sales.
II. Personnel costs assigned on the basis of the number of employees in each segment
III. Fixed computer facility costs divided equally among each segment
IV.
Variable computer operational costs charged to each segment based on actual hours used times a predetermined standard rate; any variable cost efficiency or inefficiency remains in the computer department. Of these four cost items, the only item that could logically be included in the segment performance reports prepared on a responsibility accounting basis would be the

Corporate administrative costs.

Personnel costs.

Fixed computer facility costs_

Variable computer operational costs.

The variable computer cost can be included. The segments are charged for actual age, which is under each segment’s control. The predetermined standard rate is set at the beginning of the year and is known by the segment managers. Moreover efficiencies and inefficiencies of the computer department are not passed on to the segments. Both procedures promote a degree of control by the segments.

QUESTION 116
Which of the following is not a method for implementing a new application system?

Direct cutover.

Parallel.

Pilot.

Test.

QUESTION 117
Which of the following best describes a market signal?

The bargaining power of buyers is forcing a drop in market prices.

There is pressure from the competitor’s substitute products.

Strategic analysis by the organization indicates feasibility of expanding to new market niches.

The competitor announces a new warranty program.

QUESTION 118
Operational management in the IT department has introduced performance evaluation policies that are linked to employees achieving continuing education hours. This activity is designed to prevent which of the following conditions?

Knowledge/skills gap

Monitoring gap

Accountability/reward failure.

Communication failure.

QUESTION 119
Value engineering is:

A policy of seeking continuous improvement in all phases of company{ activities.

A method of determining prices based on a cost determination.

An element of a marketing mix strategy.

A systematic approach to assessing all aspects of cost buildup for a product.

Value engineering is a means of reaching targeted cost levels. It is a systematic approach to assessing all aspects of the value chain cost buildup for a product: R&D, design of products, design of processes, production, marketing, distribution, and customer service_ The purpose is to minimize costs without sacrificing customer satisfaction.

QUESTION 120
While auditing a marketing department, the internal auditor discovered that the product life cycle model was used to structure the marketing mix. The manager has asked the auditor for advice about increasing advertising of various products. During which stage of the life cycle would it be appropriate to advertise that the entity’s product is the lowest price and best quality of all competitors?

Introduction stage.

Growth stage.

Maturity stage.

Decline stage.

The maturity stage is the ideal time for advertising lower prices and superior quality because this is the period during a products life when competition is greatest Due to the availability of many substitutes an entity has reasons to set itself apart. Because price and quality are both concerns of customers during the maturity stage it is an ideal time for the entity to differentiate its product by advertising low prices and higher quality.

QUESTION 121
Which of the following is an objective of logical security controls for information systems?

To ensure complete and accurate recording of data.

To ensure complete and accurate processing of data.

To restrict access to specific data and resources.

To provide an audit trail of the results of processing.

The primary objective of security controls for information systems is to restrict access to data and resources both hardware and software) to only authorized individuals.

Loading …

New 2022 Realistic Free IIA IIA-CIA-Part3 Exam Dump Questions and Answer: https://www.latestcram.com/IIA-CIA-Part3-exam-cram-questions.html

Related Certifications

C-C4H320-02 (1)
E-C4HYCP-12 (1)
C-C4H450-21 (1)
C_THR84_2205 (1)
C-S4CDK-2022 (1)
C-HCADM-02 (1)
C-ARSUM-2208 (1)
C_SEN_2011 (1)
C-THR88-2205 (1)
C-THR96-2305 (1)

Free Cram & Latest Exams Dumps