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IIA IIA-CIA-Part3 Exam Dumps - Actual Questions Answers

Business Knowledge for Internal Auditing

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  • Last Update: Feb 14, 2025
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IIA-CIA-Part3 Questions and Answers

Question # 1

An internal auditor considers the financial statement of an organization as part of a financial assurance engagement. The auditor expresses the organization's electricity and depreciation expenses as a percentage of revenue to be 10% and 7% respectively. Which of the following techniques was used by the internal auditor In this calculation?

A.

Horizontal analysis

B.

Vertical analysis

C.

Ratio analysis

D.

Trend analysis

Question # 2

Which of the following is a limitation of the remote wipe for a smart device?

A.

Encrypted data cannot be locked to prevent further access

B.

Default settings cannot be restored on the device.

C.

All data, cannot be completely removed from the device

D.

Mobile device management software is required for successful remote wipe

Question # 3

Which of the following accounting methods is an investor organization likely to use when buying 40 percent of the stock of another organization?

A.

Cost method.

B.

Equity method .

C.

Consolidation method.

D.

Fair value method.

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IIA IIA-CIA-Part3 Exam Dumps FAQs

1. What is the IIA IIA-CIA-Part3 Exam?

The IIA IIA-CIA-Part3 Exam, also known as the Certified Internal Auditor Part 3, focuses on Business Knowledge for Internal Auditing. It covers topics such as business acumen, information security, information technology, and financial management.

2. What are the main topics covered in the IIA IIA-CIA-Part3 Exam?

The main topics include Business Acumen, Information Security, Information Technology, and Financial Management. These areas are critical for internal auditors to effectively perform their duties.

3. What are the eligibility requirements for the IIA IIA-CIA-Part3 Exam?

Candidates must have a bachelor’s degree or equivalent and meet the professional experience requirements set by the IIA.

4. What are the benefits of obtaining the IIA IIA-CIA-Part3 certification?

Obtaining the IIA IIA-CIA-Part3 certification can provide several benefits, including:

  • Increased job opportunities
  • Higher earning potential
  • Enhanced career advancement
  • Recognition as a skilled internal auditor
  • Improved professional credibility

5. What is the format of the IIA IIA-CIA-Part3 Exam?

The IIA-CIA-Part3 exam is a computer-based test consisting of 100 multiple-choice questions that must be completed within 120 minutes.

6. What is the passing score for the IIA IIA-CIA-Part3 Exam?

The passing score for the IIA IIA-CIA-Part3 Exam is 600 out of 750.

7. What is the difference between the IIA-CIA-Part3 and IIA-CIA-Part1 Certification Exams?

The IIA-CIA-Part1 Exam is foundational, providing a comprehensive understanding of internal auditing principles. The IIA-CIA-Part3 Exam delves into specific areas related to business analysis and information systems, which are crucial for modern internal auditors.

8. How can DumpsMate help me prepare for the IIA IIA-CIA-Part3 Exam?

DumpsMate offers a comprehensive set of IIA-CIA-Part3 exam questions with detailed explanations, PDF questions, and a testing engine study guide to help you understand the concepts and prepare effectively.

9. Are the IIA-CIA-Part3 practice questions provided by DumpsMate similar to the real exam questions?

Yes, DumpsMate provides IIA-CIA-Part3 real questions that closely resemble those on the actual IIA IIA-CIA-Part3 Exam, ensuring you are well-prepared.

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