EXAM IIA-CIA-PART3 GUIDE MATERIALS | IIA-CIA-PART3 NEW BRAINDUMPS PDF

Exam IIA-CIA-Part3 Guide Materials | IIA-CIA-Part3 New Braindumps Pdf

Exam IIA-CIA-Part3 Guide Materials | IIA-CIA-Part3 New Braindumps Pdf

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The Certified Internal Auditor (CIA) certification is a widely recognized professional qualification for internal auditors. To become a CIA, candidates must pass a series of exams that cover various aspects of internal auditing. One of these exams is the IIA-CIA-Part3, also known as the Business Knowledge for Internal Auditing exam. IIA-CIA-Part3 exam focuses on the business environment and the role of internal auditing in it.

IIA-CIA-Part3 exam is designed for individuals with a strong understanding of internal auditing practices and principles. IIA-CIA-Part3 Exam is suitable for internal auditors, risk management professionals, and business professionals who wish to demonstrate their knowledge of internal auditing. Successful completion of the IIA-CIA-Part3 exam is an essential step towards obtaining the CIA certification and advancing a career in internal auditing.

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Passing an exam isn’t an easy thing for some candidates, if youchoose the IIA-CIA-Part3 training materials of us, we will make the exam easier for you. IIA-CIA-Part3 training materials include knowledge points, you can remember them through practicing. IIA-CIA-Part3 questions and answers will list the right answer for you, what you need to do is to practice them. In addition, there are experienced specialists checking the IIA-CIA-Part3 Exam Dumps, they will ensure the timely update for the latest version.

IIA-CIA-Part3 exam consists of 100 multiple-choice questions, which candidates must complete within three hours. IIA-CIA-Part3 Exam's content is divided into four domains: Business Acumen, Information Security, Information Technology (IT), and Financial Management. Candidates must demonstrate their understanding of these domains by answering questions on topics such as risk management, auditing project management, IT governance, and financial analysis. Passing the exam requires a minimum score of 600 out of a possible 750 points. Business Knowledge for Internal Auditing certification is highly respected in the industry and demonstrates that an auditor has a comprehensive understanding of the business landscape and the risks associated with it.

IIA Business Knowledge for Internal Auditing Sample Questions (Q398-Q403):

NEW QUESTION # 398
An organization recently documented its procedures for recovering systems and data after a disaster How are these documented procedures most likely to be used during a disaster simulation exercise''

  • A. To help property configure mass communication notification tools
  • B. To help identify training needs across the functional areas required to recover systems and data.
  • C. To help validate the contact information of key personnel required to recover systems and data
  • D. To help ensure that the team members who are required to recover systems and data understand their roles.

Answer: D


NEW QUESTION # 399
Which of the following is a noncash item?

  • A. Depreciation expense.
  • B. Interest expense.
  • C. Income tax expense.
  • D. Administrative expense.

Answer: C

Explanation:
Expenses are defined as decreases in economic benefits during the accounting period in the forum of outflows or depletions of assets or incurrences of liabilities that result in decreases in equity, other than those relating to distributions to equity participants." Expense includes losses. Thus, losses are not treated as separate elements. Expenses include items arising in the course of ordinary activities. Losses meet the definition of expenses but may or may not occur in the course of ordinary activities. For example, losses may result from the sale of noncurrent assets of from natural disasters.


NEW QUESTION # 400
An internal auditor performed a review of IT outsourcing and found that the service provider was failing to meet the terms of the service level agreement. Which of the following approaches is most appropriate to address this concern?

  • A. The organization should ensure that there is a clear management communication strategy and path for evaluating and reporting on all outsourced services concerns.
  • B. The organization should work with the service provider to review the current agreement and expectations relating to objectives, processes, and overall performance.
  • C. The organization should proactively monitor the performance of the service provider, escalate concerns, and use penalty clauses in the contract where necessary.
  • D. The organization should review the skill requirements and ensure that the service provider is maintaining sufficient expertise and retaining skilled resources.

Answer: C


NEW QUESTION # 401
According to IIA guidance on IT, which of the following controls the routing of data packets to link computers?

  • A. Operating system
  • B. Control environment
  • C. Network.
  • D. Application program code

Answer: C


NEW QUESTION # 402
Which of the following phases of a business cycle are marked by an underuse of resources?
1. The trough.
2. The peak.
3. The recovery.
4. The recession.

  • A. 2 and 4 only
  • B. 1 and 4 only
  • C. 1 and 3 only
  • D. 2 and 3 only

Answer: B


NEW QUESTION # 403
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