Get the Actual IIA IIA-CIA-Part3 Dumps to Reduce Exam Anxiety

Get the Actual IIA IIA-CIA-Part3 Dumps to Reduce Exam Anxiety

With the IIA IIA-CIA-Part3 certification exam, you can demonstrate your skills and upgrade your knowledge.The IIA IIA-CIA-Part3 certification exam will provide you with many personal and professional benefits such as more career opportunities, updated and in demands expertise, an increase in salary, instant promotion, and recognition of skills across the world.

The IIA-CIA-Part3 certification exam is a crucial step for internal auditors who want to demonstrate their proficiency in business knowledge. This exam is the third part of the Certified Internal Auditor (CIA) certification process offered by the Institute of Internal Auditors (IIA). The exam is designed to assess a candidate’s ability to apply business concepts and principles to internal auditing practices.

The IIA-CIA-Part3 exam is designed for internal auditors who want to enhance their knowledge and skills in business-related areas. It is also suitable for those who want to pursue a career in internal auditing or those who wish to enhance their knowledge in business management. This exam is particularly relevant for internal auditors who work in industries such as finance, healthcare, and manufacturing, where business knowledge is essential.

The IIA-CIA-Part3 exam consists of 100 multiple-choice questions, which must be completed within a three-hour time limit. To pass the exam, candidates must achieve a minimum score of 600 out of 800 possible points. The exam is computer-based and can be taken at any time of year, at a testing center or online.

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IIA Business Knowledge for Internal Auditing Sample Questions (Q63-Q68):

An entity purchased a new machine for US $’ III 610100 by borrowing the required funds from a bank for 180 days. What will be the direct impact of this transaction?

  • A. Decrease the current ratio and decrease the debt ratio.
  • B. Increase the current ratio and increase the debt ratio.
  • C. Increase the current ratio and decrease the debt ratio.
  • D. Decrease the current ratio and increase the debt ratio.

Answer: D

The borrowing of funds for 180 days constitutes short-term borrowing. The new machine is a fixed asset. Current liabilities have increased, and current assets have remained constant. Consequently, the current ratio current assets + current liabilities) has decreased. Total debt and total assets increased by the same absolute amount, and the debt ratio total debt – total assets) should have increased. assuming total debt is less than total asset.

Which of the following types of date analytics would be used by a hospital to determine which patients are likely to require remittance for additional treatment?

  • A. Predictive analytics.
  • B. Diagnostic analytics.
  • C. Prescriptive analytics.
  • D. Descriptive analytics.

Answer: A

Which of the following is based on the concept that there is not one best leadership style and that successful leadership depends on a match between the leader, the situation, and the subordinate?

  • A. Path goal model
  • B. Attribute theory.
  • C. Life cycle model
  • D. Contingency theory

Answer: D

The airlines have been leaders in the use of technology. Customers can make reservations either with an airline or through a travel agency. In this situation, a travel agency is classified as which type of distribution channel?

  • A. A jobber.
  • B. A facilitating agent.
  • C. An intermediary.
  • D. A distributor.

Answer: C

Marketing intermediaries assist companies in promoting, selling, and distributing their goods and services to ultimate consumers. For example, travel agents access an airline’s computerized reservation system and make reservations for their customers without ever taking title to the ticket.

An organization decided to install a motion detection system in its warehouse to protect against after-hours theft. According to the COSO enterprise risk management framework, which of the following best describes this risk management strategy?

  • A. Sharing.
  • B. Elimination.
  • C. Reduction.
  • D. Avoidance.

Answer: C


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