IIA-CIA-Part3-3P Exam Actual Questions, IIA-CIA-Part3-3P Online Exam

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The IIA-CIA-Part3-3P (CIA Exam Part Three: Business Knowledge for Internal Auditing) Certification Exam is an important step in obtaining the Certified Internal Auditor designation. It tests a candidate’s knowledge and skills in essential areas of internal auditing and is highly respected by employers around the world. Passing the exam can lead to increased job opportunities, higher salaries, and professional recognition within the industry.

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IIA CIA Exam Part Three: Business Knowledge for Internal Auditing Sample Questions (Q374-Q379):

NEW QUESTION # 374
Where complex problems need to be addressed, which of the following communication networks would be most appropriate?

A. All-channel.
B. Chain.
C. Wheel.
D. Circle.

Answer: A

NEW QUESTION # 375
Which of the following characteristics applies to an organization that adopts a flat structure?

A. The span of control is wide.
B. The lower-level managers are encouraged to exercise creativity when solving problems.
C. The hierarchy levels are more numerous.
D. The structure is dispersed geographically.

Answer: A

NEW QUESTION # 376
When granting third parties temporary access to an entity's computer systems, which of the following is the most effective control?

A. Access is approved by the supervising manager.
B. User accounts are deleted when the work is completed.
C. Administrator access is provided for a limited period.
D. User accounts specify expiration dates and are based on services provided.

Answer: D

NEW QUESTION # 377
In which of the following scenarios would transfer pricing be used?

A. Company A owns Company B; Company B sells goods to Company A.
B. Company A moves goods internally from one location to another.
C. Company A owns both Company B and Company C; all three companies sell goods to the public.
D. Company A does not own Company B. Company A charges Company B a fee to sell Company B's goods without taking ownership of the goods.

Answer: A

NEW QUESTION # 378
Which of the following is an example of a risk avoidance response?

A. Hedging against natural gas price fluctuations.
B. Outsourcing a high risk process to a third party.
C. Selling a non-strategic business unit.
D. Buying an insurance policy to protect against loss events.

Answer: C

NEW QUESTION # 379
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