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IIA IIA-ACCA Exam With Confidence Using Practice Dumps

Exam Code:
IIA-ACCA
Exam Name:
ACCA CIA Challenge Exam
Certification:
CIA Challenge Exam
Vendor:
IIA
Questions:
604
Last Updated:
Apr 30, 2025
Exam Status:
Stable
IIA IIA-ACCA

IIA-ACCA: CIA Challenge Exam Exam 2025 Study Guide Pdf and Test Engine

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ACCA CIA Challenge Exam Questions and Answers

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Question 1

Which of the following would not be a typical activity for the chief audit executive to perform following an audit engagement?

Options:

A.

Report follow-up activities to senior management.

B.

Implement follow-up procedures to evaluate residual risk.

C.

Determine the costs of implementing the recommendations.

D.

Evaluate the extent of improvements.

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Question 2

The economic order quantity can be calculated using the following formula:

Which of the following describes how the optimal order size will change if the annual demand increases by 36 percent?

Options:

A.

Decrease by about 17 percent.

B.

Decrease by about 7 percent.

C.

Increase by about 7 percent.

D.

Increase by about 17 percent.

Question 3

In the area of business acumen, which of the following competencies would be the sole responsibility of an internal audit staff member?

Options:

A.

Maintaining industry-specific knowledge appropriate to the organization.

B.

Assessing how IT contributes to organization objectives, risks, and relevance to audit.

C.

Maintaining technical aspects of accounting standards and reporting processes.

D.

Understanding regulatory and legal framework and assessing its relevance.

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