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IIA IIA-CIA-Part3-3P Exam With Confidence Using Practice Dumps

Exam Code:
IIA-CIA-Part3-3P
Exam Name:
CIA Exam Part Three: Business Knowledge for Internal Auditing
Certification:
CIA
Vendor:
IIA
Questions:
488
Last Updated:
Jan 24, 2025
Exam Status:
Stable
IIA IIA-CIA-Part3-3P

IIA-CIA-Part3-3P: CIA Exam 2024 Study Guide Pdf and Test Engine

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

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Question 1

Which of the following conditions could lead an organization to enter into a new business through internal development rather than through acquisition?

Options:

A.

It is expected that there will be slow retaliation from incumbents.

B.

The acquiring organization has information that the selling organization is weak.

C.

The number of bidders to acquire the organization for sale is low.

D.

The condition of the economy is poor.

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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

In creating a risk-based plan, which of the following best describes a top-down approach to understanding business processes?

Options:

A.

Identifying the processes at the activity level.

B.

Analyzing the organization's strategic plan where the business processes are defined.

C.

Analyzing the organization's objectives and identifying the processes needed to achieve the objectives.

D.

Identifying the risks affecting the organization, the objectives, and then the processes concerned.

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