IIA IIA-CIA-PART3 VALID TEST BOOTCAMP & LATEST IIA-CIA-PART3 DUMPS

IIA IIA-CIA-Part3 Valid Test Bootcamp & Latest IIA-CIA-Part3 Dumps

IIA IIA-CIA-Part3 Valid Test Bootcamp & Latest IIA-CIA-Part3 Dumps

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IIA-CIA-Part3 exam is a challenging exam that requires candidates to have a strong foundation in business processes, financial management, risk management, and governance. Candidates are advised to prepare thoroughly for the exam by studying the official IIA-CIA-Part3 study materials, attending training courses, and taking practice exams. The IIA also provides online resources and study groups to help candidates prepare for the exam.

IIA-CIA-Part3 exam is a computer-based exam that consists of 100 multiple-choice questions. Candidates have two hours and forty-five minutes to complete the exam. IIA-CIA-Part3 Exam is designed to test the candidate's knowledge of key concepts related to business knowledge for internal auditing. Candidates must pass the exam with a score of 600 or higher to receive the certification.

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IIA Business Knowledge for Internal Auditing Sample Questions (Q335-Q340):

NEW QUESTION # 335
Which of the following is a security feature that involves the use of hardware and software to fitter or prevent specific information from moving between the outside network and the outside network?

  • A. Authorization
  • B. Firewall
  • C. Architecture model
  • D. Virtual private network

Answer: B


NEW QUESTION # 336
Senior management is trying to decide whether to use the direct write-off or allowance method for recording bad debt on accounts receivables. Which of the following would be the best argument for using the direct write-off method?

  • A. It provides a better alignment with revenue.
  • B. It is the preferred method according to The IIA.
  • C. It is useful when losses are considered insignificant.
  • D. It states receivables at net realizable value on the balance sheet.

Answer: B


NEW QUESTION # 337
The entity has current assets of:

  • A. US $1,000,000
  • B. US $3,033,333 C US $3,333,333
  • C. US $3,633,333

Answer: B

Explanation:
Return on total assets3% equals profit US $100,000) divided by total assets. Consequently, total assets equal US $3,333,333$100,000 - 03). Current assets must therefore equal US $3,033,333$3,333,333 total assets - $300,000 other assets).


NEW QUESTION # 338
With regard to project management, which of the following statements about project crashing is true?

  • A. It is a compression technique in which resources are added to the project.
  • B. It is an optimization technique where activities are performed in parallel rather than sequentially.
  • C. It involves a revaluation of project requirements and/or scope.
  • D. It leads to an increase in risk and often results in rework.

Answer: A

Explanation:
Comprehensive and Detailed In-Depth Explanation:
Project crashing is a schedule compression technique used in project management to shorten the project duration without altering the project scope. This is achieved by allocating additional resources to critical path activities, thereby reducing their completion time. While this approach can lead to increased costs due to the added resources, it helps in meeting tight deadlines. It's important to note that crashing focuses on accelerating project timelines by adding resources, not by changing the sequence of activities (as in fast-tracking) or by reassessing project requirements. However, project crashing can increase risks and may lead to rework if not managed carefully.


NEW QUESTION # 339
Which of the following is an indication that a computer virus is present?

  • A. Frequent power surges that harm computer equipment.
  • B. Unexplainable losses of or changes to data.
  • C. Numerous copyright violations due to unauthorized use of purchased software.
  • D. Inadequate backup, recovery, and contingency plans.

Answer: B

Explanation:
The effects of computer viruses range from harmless messages to complete destruction of
all data within the system. A symptom of a virus would be the unexplained loss of or change to data.


NEW QUESTION # 340
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