Free IIA IIA-CIA-Part3 Exam Actual Questions

The questions for IIA-CIA-Part3 were last updated On Jan 18, 2025

Question No. 1

Which of the following controls would enable management to receive timely feedback and help mitigate unforeseen risks?

Show Answer Hide Answer
Correct Answer: D

Question No. 2

Which of the following would an organization execute to effectively mitigate and manage risks created by a crisis or event?

Show Answer Hide Answer
Correct Answer: B

Question No. 3

On the last day of the year, a total cost of S 150.000 was incurred in indirect labor related to one of the key products an organization makes. How should the expense be reported on that year's financial statements?

Show Answer Hide Answer
Correct Answer: C

Question No. 4

Which of the following best describes owner's equity?

Show Answer Hide Answer
Correct Answer: A

Question No. 5

During a review of the accounts payable process, an internal auditor gathered all of the vendor payment transactions for the past 24 months. The auditor then used an Analytics tool to identify the top five vendors that received the highest sum of payments. Which of the following analytics techniques did the auditor apply?

Show Answer Hide Answer
Correct Answer: C