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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:
Mar 30, 2025
Exam Status:
Stable
IIA IIA-CIA-Part3-3P

IIA-CIA-Part3-3P: CIA Exam 2025 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 statements is true regarding partnership liquidation?

Options:

A.

Operations can continue after the liquidation if all partners agree

B.

Partnership liquidation ends both the legal and economic life of an entity

C.

Partnership liquidation occurs when there is capital deficiency Stable

D.

When a partnership is liquidated, each partner pays creditors from cash received

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Question 2

Which of the following is a project planning methodology that involves a complex series ot required simulations to provide information about schedule risk?

Options:

Question 3

A large hospital has an existing contract with a vendor in another country to provide software support and maintenance of the hospital's patient records information system. From the hospital management's perspective, which of the following controls would be most effective to address privacy risks related to this outsourcing arrangement?

Options:

A.

Conduct periodic reviews of the privacy policy to ensure that the existing policy meets current

legislation requirements in both regions.

B.

Include a "right to audit" clause in the contract and impose detailed security obligations on the

outsourced vendor

C.

Implement mandatory privacy training for management to help with identifying privacy risks when outsourcing services

D.

Develop an incident monitoring and response plan to track breaches from internal and external sources

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