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IIA-CIA-Part3-3P Exam Dumps : CIA Exam Part Three: Business Knowledge for Internal Auditing

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IIA IIA-CIA-Part3-3P Exam Dumps FAQs

Q. # 1: What is the IIA IIA-CIA-Part3-3P Exam?

The IIA IIA-CIA-Part3-3P Exam, also known as the Certified Internal Auditor Part 3, tests candidates' knowledge of business acumen, information security, information technology, and financial management.

Q. # 2: Who is the target audience for the IIA IIA-CIA-Part3-3P Exam?

The target audience for the IIA IIA-CIA-Part3-3P exam includes internal auditors, audit managers, and professionals seeking to enhance their business knowledge and auditing skills.

Q. # 3: What topics are included in the IIA IIA-CIA-Part3-3P Exam?

The IIA IIA-CIA-Part3-3P exam covers four domains: Business Acumen, Information Security, Information Technology, and Financial Management.

Q. # 4: How many questions are on the IIA IIA-CIA-Part3-3P Exam?

The IIA IIA-CIA-Part3-3P exam consists of 100 questions.

Q. # 5: How long does it take to complete the IIA IIA-CIA-Part3-3P Exam?

Candidates have 2 hours (120 minutes) to complete the IIA IIA-CIA-Part3-3P exam.

Q. # 6: What is the passing score for the IIA IIA-CIA-Part3-3P Exam?

The passing score for the IIA IIA-CIA-Part3-3P exam is generally set by IIA at 600 on a scale of 250-750.

Q. # 7: What is the difference between IIA IIA-CIA-Part3-3P and IIA-CIA-Part2 Exams?

The IIA IIA-CIA-Part3-3P Exam and the IIA-CIA-Part2 Exam are both part of the Certified Internal Auditor (CIA) certification program, but they focus on different areas of internal auditing.

  • IIA IIA-CIA-Part3-3P Exam: The IIA IIA-CIA-Part3-3P Exam emphasizes business knowledge for internal auditing. It tests candidates on their understanding of business acumen, information security, information technology, and financial management concepts essential for internal auditors.
  • IIA IIA-CIA-Part2 Exam: The IIA IIA-CIA-Part2 Exam is on managing the internal audit activity. It covers planning and conducting engagements, as well as communicating results and monitoring progress to ensure effective audit practices.

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CertsTopics provides comprehensive IIA-CIA-Part3-3P PDF exam questions and a testing engine designed to mirror the real exam environment. Our IIA-CIA-Part3-3P exam dumps and practice tests are tailored to help candidates understand exam concepts and improve their confidence in tackling the IIA IIA-CIA-Part3-3P exam.

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CIA Exam Part Three: Business Knowledge for Internal Auditing Questions and Answers

Question 1

Which of the following IT controls includes protection for mainframe computers and workstations?

Options:

A.

Change management controls

B.

Physical and environmental controls.

C.

System software controls

D.

Organization and management controls

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Question 2

Which stage of group development is characterized by a decrease in conflict and hostility among group members and an increase in cohesiveness?

Options:

A.

Forming stage.

B.

Norming stage.

C.

Performing stage.

D.

Storming stage.

Question 3

An organization invests excess snort-term cash in trading securities. When of the following actions should an internal auditor take to test the valuation of those securities?

Options:

A.

Use the equity method to recalculate the investment carrying value

B.

Confirm the securities held by the broker

C.

Perform a calculation of premium or discount amortization.

D.

Compare the carrying value with current market quotations