Get 2026 Most Reliable IIA IIA-CIA-Part3 Training Materials [Q378-Q399]

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Get 2026 Most Reliable IIA IIA-CIA-Part3 Training Materials

The Realest Study Materials IIA-CIA-Part3 Dumps

NEW QUESTION 378
In creating a risk-based plan, which of the following best describes a top-down approach to understanding business processes?

Identifying the processes at the activity level.

Analyzing the organization’s strategic plan where the business processes are defined.

Analyzing the organization’s objectives and identifying the processes needed to achieve the objectives.

Identifying the risks affecting the organization, the objectives, and then the processes concerned.

NEW QUESTION 379
A new manager received computations of the internal fate of return regarding the project proposal. What should the manager compare the computation results to in order to determine whether the project is potentially acceptable?

Compare to the annual cost of capital

Compare to the annual interest data.

Compare to the required rate of return.

Compare to the net present value.

NEW QUESTION 380
Which of the following does not provide operational assurance that a computer system is operating properly?

Performing a system audit.

Making system changes.

Testing policy compliance.

Conducting system monitoring.

NEW QUESTION 381
Which of the following are intermediaries between sellers and buyers?
I. Agent
II. Broker
III. Consignee I. Consumer

I and II only.

I and III only.

I, II, and III only.

I, II, III, and Isl.

NEW QUESTION 382
Which of the following controls would be most efficient to protect business data from corruption and errors?

Controls to ensure data is unable to be accessed without authorization.

Controls to calculate batch totals to identify an error before approval.

Controls to encrypt the data so that corruption is likely ineffective.

Controls to quickly identify malicious intrusion attempts.

NEW QUESTION 383
Countries X and Y both have freely floating exchange rate systems and an active trading relationship.
If incomes [List A] in country X while all other factors remain unchanged, then the currency of country X will tend to [List B] relative to the currency of country Y.
List A
List B
Rise
Remain constant
Rise
Depreciate
Fall
Depreciate
Remain constant
Appreciate

NEW QUESTION 384
An organization’s income and retained earnings statement is as follows:
Sales: $3,000
Cost of goods sold: $1,600
Gross profit: $1,400
Operating expenses: $970
Operating income: $430
Interest expense: $30
Income before tax: $400
Income tax: $200
Net income: $200
Plus Jan. 1 retained earnings: $150
Less dividends: $60
Dec. 31 retained earnings: $290
Which of the following is the dividend payout ratio?

20 percent.

30 percent.

40 percent.

50 percent.

NEW QUESTION 385
Which of the following best describes a market signal?

The bargaining power of buyers is forcing a drop in market prices.

There is pressure from the competitor’s substitute products.

Strategic analysis by the organization indicates feasibility of expanding to new market niches.

The competitor announces a new warranty program.

NEW QUESTION 386
How should a chief audit executive learn about emerging risk areas in an organization?

Build and maintain a collaborative network with management

Build an organization-wide risk management process

Review the organization’s procedures for conducting an annual risk assessment

Review the organization’s procedures for establishing its risk appetite

NEW QUESTION 387
When examining; an organization’s strategic plan, an internal auditor should expect to find which of the following components?

Identification of achievable goals and timelines

Analysis of the competitive environment.

Plan for the procurement of resources

Plan for progress reporting and oversight.

NEW QUESTION 388
IT governance begins with which of the following activities?

Identification of risk-mitigating options.

Definition of IT objectives.

Identification of IT risk events.

Definition of risk response policies.

NEW QUESTION 389
If a just-in-time purchasing system is successful in reducing the total inventory costs of a manufacturing company, which of the following combinations of cost changes would be most likely to occur?

NEW QUESTION 390
A large retail customer made an offer to buy 10,000 units at a special price of $7 per unit. The manufacturer usually sells each unit for $10. Variable manufacturing costs are $5 per unit and fixed manufacturing costs are
$3 per unit. For the manufacturer to accept the offer, which of the following assumptions needs to be true?

Fixed and variable manufacturing costs are less than the special offer selling price.

The manufacturer can fulfill the order without expanding the capacities of the production facilities.

Costs related to accepting this offer can be absorbed through the sale of other products.

The manufacturer’s production facilities are currently operating at full capacity.

NEW QUESTION 391
An entity had the following selected per-unit data relating to work-in-process:
Selling price US $100
Comparison cost 10
Historical cost 91
Replacement cost 108
Normal gross profit 20
Selling cost 5
In comparison with historical cost, what will be the per-unit impact on gross profit of measuring ending inventory?

No effect

Reduction of US %6.

Reduction of US $26

Increase of US $5.

NEW QUESTION 392
What are the objectives of governance as defined by the Standards?

Inform, direct, manage, and monitor.

Identify, assess, manage, and control.

Organize, assign, authorize, and implement.

Add value, improve, assure, and conform.

NEW QUESTION 393
Which of the following Issues would be a major concern for internal auditors when using a free software to analyze a third-party vendor’s big data?

The ability to use the software with ease to perform the data analysis to meet the engagement objectives.

The ability to purchase upgraded features of the software that allow for more In-depth analysis of the big data.

The ability to ensure that big data entered into the software is secure from potential compromises or loss.

The ability to download the software onto the appropriate computers for use in analyzing the big data.

NEW QUESTION 394
The most direct way to prepare a cash budget for a manufacturing entity is to include:

Projected sales, credit terms, and net income.

Projected net income, depreciation, and goodwill amortization.

Projected purchases, percentages of purchases paid, and net income.

Projected sales and purchases, percentages of collections, and terms of payments.

NEW QUESTION 395
Which of the following statements is correct regarding risk analysis?

The extent to which management judgments are required in an area could serve as a risk factor in assisting the auditor in making a comparative risk analysis.

The highest risk assessment should always be assigned to the area with the largest potential loss.

The highest risk assessment should always be assigned to the area with the highest probability of occurrence.

Risk analysis must be reduced to quantitative terms in order to provide meaningful comparisons across an organization.

NEW QUESTION 396
Which of the following security controls would provide the most efficient and effective authentication for customers to access these online shopping account?

12-digit password feature.

Security question feature.

Voice recognition feature.

Two-level sign-on feature

NEW QUESTION 397
Preferred stock is less risky for investors than is common stock because:

Common stock pays dividends as a stated percentage of face value.

Common stock has priority over preferred stock with regard to earnings and assets.

Preferred dividends are usually cumulative.

Preferred stock with no conversion feature has a higher dividend yield than does convertible preferred stock.

NEW QUESTION 398
An organization allows employees to use their personal mobile devices to access its database. Which of the following best maintains the confidentiality of different records within the database?

Regular remote wiping of the mobile devices accessing the database.

Encrypted data transmissions between mobile devices and the database.

Restrictions on the access permissions when mobile devices are used.

The use of two-factor authentication algorithms for those who use remote access.

NEW QUESTION 399
An organization has an immediate need for servers, but no time to complete capital acquisitions. Which of the following cloud services would assist with this situation?

Infrastructure as a Service (laaS).

Platform as a Service (PaaS).

Enterprise as a Service (EaaS).

Software as a Service (SaaS).

IIA-CIA-Part3 exam is considered to be one of the most challenging exams in the CIA program, and requires a high level of preparation and study. Candidates must have a thorough understanding of the exam content, and must be able to apply their knowledge in a practical and effective manner. IIA-CIA-Part3 exam is comprised of multiple-choice questions, and candidates are given four hours to complete the exam.

IIA-CIA-Part3 exam is a challenging examination that requires the candidate to have a strong grasp of business knowledge and concepts. IIA-CIA-Part3 exam is intended to measure the candidate’s ability to apply these principles to internal auditing. Furthermore, the exam covers various topics, from data analytics to financial management, which requires the candidate to have a broad understanding of business essentials.

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Get 2026 Most Reliable IIA IIA-CIA-Part3 Training Materials [Q378-Q399]

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