Free IIA IIA-CIA-Part3 Exam Questions

Become IIA Certified with updated IIA-CIA-Part3 exam questions and correct answers

Page: 1 / 126

Total 628 Questions | Updated On: Mar 26, 2025

Add To Cart

Question 1

Which of the following factors is considered a disadvantage of vertical integration?

A : may reduce the flexibility to change partners.

B : may not reduce the bargaining power of suppliers.

C : may limit the organization's ability to differentiate the product.

D : may lead to limited control of proprietary knowledge.

Answer: A

Question 2

A financial technology startup consists of self-managed teams. Although each team can make proposals to other teams, decision-making lies within each individual team. Which of the following risks could arise from this organizational structure?

A : Processes are bureaucratic.

B : Decision-making is slow.

C : Resources are duplicated.

D : Power is overconcentrated.

Answer: C

Question 3

An organization produces two products, X and Y. The materials used for the production of both products are limited to 500 kilograms (kg) per month. All other resources are unlimited and their costs are fixed. Individual product details are as follows:

Product X -

Product Y -

Selling price per unit -

$10

$13

Materials per unit (at $1/kg)

2 kg

6 kg

Monthly demand -

100 units

120 units

In order to maximize profit, how much of product Y should the organization produce each month?

A : 50 units.

B : 60 units.

C : 100 units.

D : 120 units.

Answer: A

Question 4

While performing an audit of a car tire manufacturing plant, an internal auditor noticed a significant decrease in the number of tires produced from the previous operating period. To determine whether worker inefficiency caused the decrease, what additional information should the auditor request?

A : tal tire production labor hours for the operating period

B : tal tire production costs for the operating period

C : ant production employee headcount average for the operating period

D : re production machinery utilization rates

Answer: A

Question 5

Which of the following risks is best addressed by encryption?

A : formation integrity risk.

B : ivacy risk.

C : cess risk.

D : ftware risk.

Answer: C

Page: 1 / 126

Total 628 Questions | Updated On: Mar 26, 2025

Add To Cart