RELIABLE IIA-CIA-PART3 TEST TOPICS | IIA-CIA-PART3 LATEST EXAM MATERIALS

Reliable IIA-CIA-Part3 Test Topics | IIA-CIA-Part3 Latest Exam Materials

Reliable IIA-CIA-Part3 Test Topics | IIA-CIA-Part3 Latest Exam Materials

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DumpsKing offers up-to-date IIA IIA-CIA-Part3 practice material consisting of three formats that will prove to be vital for you. You can easily ace the Business Knowledge for Internal Auditing (IIA-CIA-Part3) exam on the first attempt if you prepare with this material. The IIA IIA-CIA-Part3 Exam Dumps have been made under the expert advice of 90,000 highly experienced IIA professionals from around the globe. They assure that anyone who prepares from it will get IIA IIA-CIA-Part3 certified on the first attempt.

IIA-CIA-Part3 Exam covers six domains, including business acumen, strategic management, organizational behavior, financial management, technology and information systems, and global business environment. Candidates are expected to understand the role of internal auditing in each of these domains and how to apply their knowledge to solve business challenges. IIA-CIA-Part3 Exam is challenging, and candidates need to prepare adequately to pass it. However, passing the exam is a significant accomplishment that can lead to career advancement and increased earning potential.

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100% Pass 2025 IIA IIA-CIA-Part3: Business Knowledge for Internal Auditing Authoritative Reliable Test Topics

The objective of the DumpsKing is to give you quick access to Business Knowledge for Internal Auditing (IIA-CIA-Part3) actual questions. Offering IIA IIA-CIA-Part3 updated dumps is the only factor behind the dominance of DumpsKing in the market. Our customers will see our Business Knowledge for Internal Auditing (IIA-CIA-Part3) questions in the final certification test. We have a devoted team who puts in a lot of effort to keep the IIA-CIA-Part3 questions updated.

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.

IIA Business Knowledge for Internal Auditing Sample Questions (Q222-Q227):

NEW QUESTION # 222
The encryption technique that requires two keys, a public key that is available to anyone for encrypting messages and a private key that is known only to the recipient for decrypting messages, is:

  • A. Data encryption standard DES).
  • B. Modulator-demodulator.
  • C. Rivest, Shamir, and Adelman RSA).
  • D. A cypher lock.

Answer: C

Explanation:
RSA is an encryption standard licensed to hardware and software vendors. Public-key encryption requires management of fewer keys for a given client-server environment than does private-key encryption. However, compared with DES, RSA entails more complex computations and therefore has a higher processing overhead. RSA requires two keys: The public key for encrypting messages is widely known. but the private key for decrypting messages is kept secret by the recipient.


NEW QUESTION # 223
Which of the following would not impair the objectivity of internal auditor?

  • A. Providing assurance that risks assessed are correctly evaluated.
  • B. Implementing risk responses on behalf of management.
  • C. Setting the risk appetite.
  • D. Management assurance on risks.

Answer: A


NEW QUESTION # 224
On June 1 of the current year, XYZ Company purchased British pounds for 10,000 euros. It also acquired land for 25,000 euros. At the end year or XYZ Company's fiscal year on December 31, the spot rate for the pound was 1.20 euros. The land had a value of 27,500 euros. XYZ Company records its nonmonetary items at historical cost. Which of the following is the correct presentation of this transaction on XYZ Company's balance sheet?

  • A. EUR10,000 EUR25,000
  • B. EUR10,000 EUR27,500
  • C. EUR12,000 EUR27,500
  • D. EUR12,000 EUR25,000

Answer: D

Explanation:
At the balance sheet date, monetary items are reported at the closing rate, which is often the spot rate on the balance sheet date. Nonmonetary items measured at historical cost reported at the rate on the transaction date. Thus, the pounds are reported at EUR12.0001.20
EUR/E x EUR10,000), and the land is reported at EUR25,000.


NEW QUESTION # 225
If the entity uses the weighted-average method of inventory valuation, cost of goods sold for the period will be:

  • A. US $235.000
  • B. US $197,000
  • C. US $186,978
  • D. US $228.023

Answer: C


NEW QUESTION # 226
Which of the following channel structures have the best means of managing channel conflict?
I. Conventional
II. Vertical
III. Horizontal
IV. Multichannel

  • A. II, III, and IV.
  • B. II and III.
  • C. I, III, and IV.
  • D. I and II.

Answer: A

Explanation:
In vertical distribution systems, channel conflict is managed through common ownership, contractual relationships, or administration by one or a few dominant channel members. The joint nature of horizontal distribution efforts is the tool for managing channel conflict. In a multichannel system, because such a system is managed by a single entity, channel conflicts can be evaluated and managed internally. Conventional distribution systems consist of one or more independent producers, wholesalers, and retailers, each of which is a separate profit-maximizing business. The profit objective of each independent channel member may result in actions that are not profit-maximizing for the system as a whole, and the conventional distribution system offers no means for controlling channel conflict.


NEW QUESTION # 227
......

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