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

IIA-CIA-Part3-3P exam

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CIA Exam Part Three: Business Knowledge for Internal Auditing

Last Update Aug 17, 2025
Total Questions : 488

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Last Update Aug 17, 2025
Total Questions : 488

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IIA IIA-CIA-Part3-3P Exam Dumps FAQs

The IIA IIA-CIA-Part3-3P (CIA) exam consists of multiple-choice questions. Candidates have 2 hours to complete the exam. The passing score is 600 out of 750.
The IIA IIA-CIA-Part3-3P CIA exam covers topics like governance, risk management, internal controls, and audit communication. It assesses practical application of auditing principles in real-world scenarios.
ClapGeek offers a wide range of study materials, including IIA-CIA-Part3-3P PDF questions, practice tests, and a comprehensive study guide designed to help you prepare effectively.

To prepare the IIA IIA-CIA-Part3-3P exam efficiently:

  • Start with the IIA-CIA-Part3-3P study material to understand the key concepts.
  • Use the IIA-CIA-Part3-3P exam dumps to familiarize yourself with actual IIA-CIA-Part3-3P exam questions answers.
  • Practice using the IIA-CIA-Part3-3P practice test to simulate real exam conditions.
  • Revise frequently to reinforce your understanding.

The IIA IIA-CIA-Part3-3P and IIA-CIA-Part1 exams are parts of the Certified Internal Auditor (CIA) certification program offered by The Institute of Internal Auditors (IIA). Here are the key differences between them:

  • IIA IIA-CIA-Part3-3P Exam: The IIA IIA-CIA-Part3-3P Exam focuses on business acumen, information security, information technology, and financial management, testing the candidate's ability to apply core business concepts.
  • IIA IIA-CIA-Part1 Exam: The IIA IIA-CIA-Part1 Exam concentrates on the foundations of internal auditing, emphasizing the principles and practices, governance, risk and control, and the internal audit activity.
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CIA Exam Part Three: Business Knowledge for Internal Auditing Questions and Answers

Questions 1

An organization accomplishes its goal to obtain a 40 percent share of the domestic market, but is unable to get the desired return on investment and output per hour of labor. Based on this information the organization is most likely focused on which of the following?

Options:

A.

Capital investment and not marketing

B.

Marketing and not capital investment.

C.

Efficiency and not input economy.

D.

Effectiveness and not efficiency.

Questions 2

Which of the following statements is true regarding reversing entries in an accounting cycled

Options:

A.

Reversing all previous closing adjustments is a mandatory step in the accounting cycle

B.

Reversing entries should be completed at the end of the next accounting period after recording regular transactions of the period

C.

Reversing entries are identical to the adjusting entries made in the previous period.

D.

Reversing entries are the exact opposite of the adjustments made in the previous period.

Questions 3

With regard to disaster recovery planning, which of the following would most likely involve stakeholders from several departments?

Options:

A.

Determining the frequency with which backups will be performed.

B.

Prioritizing the order in which business systems would be restored.

C.

Assigning who in the IT department would be involved in the recovery procedures.

D.

Assessing the resources needed to meet the data recovery objectives