IIA IIA-CIA-Part3 CIA Exam Part Three: Business Knowledge for Internal Auditing Online Training
IIA IIA-CIA-Part3 Online Training
The questions for IIA-CIA-Part3 were last updated at Jan 28,2025.
- Exam Code: IIA-CIA-Part3
- Exam Name: CIA Exam Part Three: Business Knowledge for Internal Auditing
- Certification Provider: IIA
- Latest update: Jan 28,2025
Which of the following IT professionals is responsible for providing maintenance to switches and routers to keep IT systems running as intended?
- A . Data center operations manager
- B . Response and support team.
- C . Database administrator,
- D . Network administrator
Which of the following capital budgeting techniques considers the tune value of money?
- A . Annual rate of return.
- B . Incremental analysis.
- C . Discounted cash flow.
- D . Cash payback
Which of the following best describes a potential benefit of using data analyses?
- A . It easily aligns with existing internal audit competencies to reduce expenses
- B . It provides a more holistic view of the audited area.
- C . Its outcomes can be easily interpreted into audit: conclusions.
- D . Its application increases internal auditors’ adherence to the Standards
If an organization has a high amount of working capital compared to the industry average, which of the following is most likely true?
- A . Settlement of short-term obligations may become difficult.
- B . Cash may be bed up in items not generating financial value.
- C . Collection policies of the organization are ineffective.
- D . The organization is efficient in using assets to generate revenue.
A small software development firm designs and produces custom applications for businesses. The application development team consists of employees from multiple departments who all report to a single project manager.
Which of the following organizational structures does this situation represent?
- A . Functional departmentalization.
- B . Product departmentalization
- C . Matrix organization.
- D . Divisional organization
Which of the following attributes of data are cybersecurity controls primarily designed to protect?
- A . Veracity, velocity, and variety.
- B . Integrity, availability, and confidentiality.
- C . Accessibility, accuracy, and effectiveness.
- D . Authorization, logical access, and physical access.
The management of working capital is most crucial for which of the following aspects of business?
- A . Liquidity
- B . Profitability
- C . Solvency
- D . Efficiency
A organization finalized a contract in which a vendor is expected to design, procure, and construct a power substation for $3,000,000.
In this scenario, the organization agreed to which of the following types of contracts?
- A . A cost-reimbursable contract.
- B . A lump-sum contract.
- C . A time and material contract.
- D . A bilateral contract.
Which of the following would be the strongest control to prevent unauthorized wireless network access?
- A . Allowing access to the organization’s network only through a virtual private network.
- B . Logging devices that access the network, including the date. time, and identity of the user.
- C . Tracking all mobile device physical locations and banning access from non-designated areas.
- D . Permitting only authorized IT personnel to have administrative control of mobile devices.
Which of the following best explains the matching principle?
- A . Revenues should be recognized when earned.
- B . Revenue recognition is matched with cash.
- C . Expense recognition is tied to revenue recognition.
- D . Expenses are recognized at each accounting period.
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