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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

Within an enterprise, IT governance relates to the:

1) Alignment between the enterprise's IT long term plan and the organization's objectives.

2) Organizational structures of the company that are designed to ensure that IT supports the organization's strategies and objectives.

3) Operational plans established to support the IT strategies and objectives.

4) Role of the company's leadership in ensuring IT supports the organization's strategies and objectives.

Options:

A.

1 and 2 only

B.

3 and 4 only

C.

1, 2, and 4 only

D.

2, 3, and 4 only

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Question 2

Maintenance cost at a hospital was observed to increase as activity level increased. The following data was gathered:

Activity Level -

Maintenance Cost

Month

Patient Days

January

5,600

$7,900

February

7,100

$8,500

March

5,000

$7,400

April

6,500

$8,200

May

7,300

$9,100

June

8,000

$9,800

If the cost of maintenance is expressed in an equation, what is the independent variable for this data?

Options:

A.

Fixed cost.

B.

Variable cost.

C.

Total maintenance cost.

D.

Patient days.

Question 3

An internal auditor has been approved lo gather data directly horn the organization's relational database management system tor data analyses To collect the data which of the Wowing is most important for the auditor to know?

Options:

A.

Structured query language

B.

Spreadsheet software such as Excel

C.

Data management system such as Oracle

D.

Basic web development