QUIZ 2025 UNPARALLELED IIA-CIA-PART3 NEW BRAINDUMPS SHEET & DOWNLOADABLE BUSINESS KNOWLEDGE FOR INTERNAL AUDITING PDF

Quiz 2025 Unparalleled IIA-CIA-Part3 New Braindumps Sheet & Downloadable Business Knowledge for Internal Auditing PDF

Quiz 2025 Unparalleled IIA-CIA-Part3 New Braindumps Sheet & Downloadable Business Knowledge for Internal Auditing PDF

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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-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. IIA-CIA-Part3 Exam is computer-based and can be taken at any time of year, at a testing center or online.

IIA IIA-CIA-Part3: Business Knowledge for Internal Auditing exam is an excellent way for internal auditors to demonstrate their knowledge and competency in key areas related to their profession. Passing IIA-CIA-Part3 exam is a significant achievement and can help internal auditors advance in their careers. The IIA-CIA-Part3 exam is challenging, but with proper preparation and study, candidates can successfully pass the exam and earn the CIA certification.

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IIA Business Knowledge for Internal Auditing Sample Questions (Q124-Q129):

NEW QUESTION # 124
Which of the following is the most appropriate way to record each partner's initial investment in a partnership?

  • A. At book value
  • B. At the value agreed upon by the partners
  • C. At the original cost
  • D. At fair value

Answer: B

Explanation:
Reference: IIA Business Knowledge for Internal Auditing, Partnership Accounting section.


NEW QUESTION # 125
Which of the following statements accurately describes the responsibility of the internal audit activity (IAA) regarding IT governance?
1. The IAA does not have any responsibility because IT governance is the responsibility of the board and senior management of the organization.
2. The IAA must assess whether the IT governance of the organization supports the organization's strategies and objectives.
3. The IAA may assess whether the IT governance of the organization supports the organization's strategies and objectives.
4. The IAA may accept requests from management to perform advisory services regarding how the IT governance of the organization supports the organization's strategies and objectives.

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

Answer: D


NEW QUESTION # 126
Which of the following authentication controls combines what a user knows with the unique characteristics of the user, respectively?

  • A. Password and fingerprint
  • B. Password and token
  • C. Voice recognition and token
  • D. Fingerprint and voice recognition

Answer: A

Explanation:
Reference: IIA Business Knowledge for Internal Auditing, Multi-Factor Authentication section.


NEW QUESTION # 127
Which of the following is most influenced by a retained earnings policy?

  • A. Gross margin.
  • B. Cash.
  • C. Dividends.
  • D. Net income.

Answer: D


NEW QUESTION # 128
For the year just ended the entity has times-interest-earned of:

  • A. 7.75 times
  • B. 3.375 times
  • C. 6.75 times
  • D. 9.5 times

Answer: A

Explanation:
The TIE ratio is a leverage ratio_ It emphasizes the ability to pay interest expense. The ratio equals profit before interest and taxes divided by interest

C:Documents and Settingsusernwz1Desktop1.PNG RST Corporation's Income Statement for Year 5 and Year 6


The market value of RST's ordinary stock at the end of Year 6 was US $100.00 per share.


NEW QUESTION # 129
......

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