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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 is a likely result of outsourcing?

Options:

A.

Increased dependence on suppliers.

B.

Increased importance of market strategy.

C.

Decreased sensitivity to government regulation.

D.

Decreased focus on costs.

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Question 2

Capacity overbuilding is most likely to occur when management is focused on which of the following?

Options:

A.

Marketing.

B.

Finance.

C.

Production.

D.

Diversification.

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