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IIA-CIA-Part3-3P Exam Dumps - IIA CIA Questions and Answers

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Questions 4

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.

Options:

A.

1 and 3 only

B.

1 and 4 only

C.

2 and 3 only

D.

2 and 4 only

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Questions 5

According to IIA guidance, which of the following would be a primary reason for an internal auditor to test the organization's IT contingency plan?

Options:

A.

To ensure that adequate controls exist to prevent any significant business interruptions.

B.

To identify and address potential security weaknesses within the system.

C.

To ensure that tests contribute to improvement of the program.

D.

To ensure that deficiencies identified by the audit are promptly addressed.

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Questions 6

A chief audit executive wants to implement an enterprisewide resource planning software.

Which of the following internal audit assessments could provide overall assurance on the likelihood of the software implementation's success?

Options:

A.

Readiness assessment.

B.

Project risk assessment.

C.

Post-implementation review.

D.

Key phase review.

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Questions 7

According to IIA guidance, which of the following corporate social responsibility (CSR) evaluation activities may be performed by the internal audit activity?

1) Consult on CSR program design and implementation.

2) Serve as an advisor on CSR governance and risk management.

3) Review third parties for contractual compliance with CSR terms.

4) Identify and mitigate risks to help meet the CSR program objectives.

Options:

A.

1, 2, and 3

B.

1, 2, and 4

C.

1, 3, and 4

D.

2, 3, and 4

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Exam Code: IIA-CIA-Part3-3P
Exam Name: CIA Exam Part Three: Business Knowledge for Internal Auditing
Last Update: May 15, 2024
Questions: 488
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