2025 Vce IIA-CIA-Part3-3P Free | Valid IIA-CIA-Part3-3P 100% Free New Braindumps Sheet
2025 Vce IIA-CIA-Part3-3P Free | Valid IIA-CIA-Part3-3P 100% Free New Braindumps Sheet
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IIA-CIA-Part3-3P certification exam is a rigorous and comprehensive assessment of an individual's knowledge and skills in the field of internal auditing. It covers a wide range of topics related to business acumen, information security, financial management, governance and risk management, organizational structure and business processes, and communication skills. Passing IIA-CIA-Part3-3P Exam is an essential credential for anyone who wants to advance their career in internal auditing and demonstrate their expertise in this critical field.
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IIA CIA Exam Part Three: Business Knowledge for Internal Auditing Sample Questions (Q486-Q491):
NEW QUESTION # 486
Which of the following statements is most accurate with respect to various forms, elements, and characteristics of business contracts?
- A. Differing legal requirements affect the attitudes of contracting parties as well as the length content and language of contracts
- B. A contract is a tool used by both suppliers and customers, the model and complexity of which generally remains constant
- C. A contract is a tool used by both suppliers and customers though it offers commercial assurance of the relationship, purely from a customer perspective
- D. Collaboration during contract negotiation encourages stakeholders to develop consensus but typically increases cycle times and the likelihood that the contract will fail
Answer: A
NEW QUESTION # 487
Which of the following attributes of data is the most significantly impacted by the internet of things?
- A. Velocity.
- B. Normalization.
- C. Structurization.
- D. Veracity.
Answer: C
NEW QUESTION # 488
A capital investment project will have a higher net present value, everything else being equal, if it has:
- A. A higher discount rate.
- B. Cash inflows that are larger in the earlier years of the life of the project.
- C. Cash inflows that are larger in the later years of the life of the project.
- D. A higher initial investment level.
Answer: B
NEW QUESTION # 489
Which of the following statements about market signaling is correct?
1) The organization releases information about a new product generation.
2) The organization limits a challenger's access to the best source of raw materials or labor.
3) The organization announces that it is fighting a new process technology.
4) The organization makes exclusive arrangements with the channels.
- A. 2 and 3 only
- B. 2 and 4 only
- C. 1 and 3 only
- D. 1 and 4 only
Answer: C
NEW QUESTION # 490
Which of the following is a role of the board of directors in the governance process?
- A. Implement an effective system of internal controls to support the organization's governance systems.
- B. Conduct periodic assessments of the organization's governance systems.
- C. Review and approve operational goals and objectives.
- D. Obtain assurance concerning the effectiveness of the organization's governance systems.
Answer: D
NEW QUESTION # 491
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