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IIA-CIA-Part3 certification exam is recognized by employers around the world as a sign of excellence in the field of internal auditing. Internal Audit Function certification can help internal auditors advance their careers and increase their earning potential. It also provides employers with a way to ensure that their internal auditors have the knowledge and skills necessary to perform their job duties effectively.
IIA-CIA-Part3 exam covers a wide range of topics related to business knowledge for internal auditing. These topics include organizational structure, strategic planning, financial management, risk management, and governance. IIA-CIA-Part3 Exam is designed to test the candidate's ability to apply these concepts in real-world situations. Candidates who successfully pass the exam will be able to demonstrate their expertise in these areas and will be better equipped to handle the challenges of internal auditing.
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IIA-CIA-Part3 Exam is a comprehensive test that covers a wide range of topics. It consists of 100 multiple-choice questions that candidates must complete within two and a half hours. IIA-CIA-Part3 exam is divided into two parts, with the first part focusing on the core concepts of internal auditing, while the second part deals with business-related topics. The IIA-CIA-Part3 Exam is a challenging test that requires a thorough understanding of the internal audit process and business operations.
NEW QUESTION # 133
In the output or "expenditures" approach to measuring a country's gross domestic product, which of the following calculations is used?
Answer: B
Explanation:
GDP can be calculated using an income approach or an expenditures approach because what is spent on a product or service is income to those who contributed resources to its production and marketing. Thus, the amount spent to purchase the GDP is identical with the income derived from its production and sale. Under the output or expenditures approach, GDP equals the sum of consumption expenditures by households, investment by business, government purchases of goods and services, and expenditures by foreigners net exports).
NEW QUESTION # 134
What security feature would Identity a legitimate employee using her own smart device to gam access to an application run by the organization?
Answer: A
NEW QUESTION # 135
A client installed the most sophisticated controls using biometric attributes of employees to gain access to their computer system. This technology most likely replaced which of the following controls?
Answer: B
Explanation:
The purpose of passwords is to prevent ac o s by unauthorized users just as the more sophistic-cited control of employee biometric attributes. The use of passwords is an effective control in an online system to prevent unauthorized access to computer systems. However, biometric technologies are more sophisticated and difficult to compromise.
NEW QUESTION # 136
According to MA guidance, which of the following would indicate poor change management control?
1. Low change success rate
2. Occasional planned outages
3. Low number of emergency changes.
4. Instances of unauthorized changes
Answer: B
NEW QUESTION # 137
An automobile company that uses the futures market to set the price of steel to protect a profit against price increases is an example of:
Answer: A
Explanation:
A change in prices can be minimized or avoided by hedging. Hedging is the process of using offsetting commitments to minimize or avoid the impact of adverse price movements. The automobile company desires to stabilize the price of steel so that its cost to the company will not rise and cut into profits. Accordingly, the automobile company uses the futures market to create a long hedge, which is a futures contract that is purchased to protect against price increases.
NEW QUESTION # 138
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