IIA-CIA-Part3-3P IIA CIA Exam Part Three: Business Knowledge for Internal Auditing Free Practice Exam Questions (2025 Updated)
Prepare effectively for your IIA IIA-CIA-Part3-3P CIA Exam Part Three: Business Knowledge for Internal Auditing certification with our extensive collection of free, high-quality practice questions. Each question is designed to mirror the actual exam format and objectives, complete with comprehensive answers and detailed explanations. Our materials are regularly updated for 2025, ensuring you have the most current resources to build confidence and succeed on your first attempt.
Which of the following is the best reason for considering the acquisition of a nondomestic organization?
Unsecured loans are loans:
Providing knowledge, motivating organizational members, controlling and coordinating individual efforts, and expressing feelings and emotions are all functions of:
Which of the following statements regarding database management systems is not correct?
The economic order quantity can be calculated using the following formula:
Which of the following describes how the optimal order size will change if the annual demand increases by 36 percent?
Which of the following are the most appropriate measures for evaluating the change in an organization's liquidity position?
When initiating international ventures, an organization should consider cultural dimensions in order to prevent misunderstandings. Which of the following does not represent a recognized cultural dimension in a work environment?
An organization facing rapid growth decides to employ a third party service provider to manage its customer relationship management function. Which of the following is true regarding the supporting application software used by that provider compared to an in-house developed system?
1) Updating documentation is always a priority.
2) System availability is usually more reliable.
3) Data security risks are lower.
4) Overall system costs are lower.
According to the Standards, the internal audit activity must evaluate risk exposures relating to which of the following when examining an organization's risk management process?
1) Organizational governance.
2) Organizational operations.
3) Organizational information systems.
4) Organizational structure.
Which mindset promotes the most comprehensive risk management strategy?
Organizational activities that complement each other and create a competitive advantage are called a:
Which of the following professional organizations sets standards for quality and environmental audits?
Which of the following is a characteristic of just-in-time inventory management systems?
International marketing activities often begin with:
An organization needs to borrow a large amount of cash to fund its expansion plan. Which of the following annual interest rates is least expensive?
Which of the following statements is true regarding the relationship between an individual’s average tax rate and marginal tax rate?
For an engineering department with a total quality management program, important elements of quality management include all of the following except:
Which of the following COSO internal control framework components encompasses establishing structures, reporting lines, authorities, and responsibilities?
During which phase of disaster recovery planning should an organization identify the business units, assets, and systems that are critical to continuing an acceptable level of operations?
Multinational organizations generally spend more time and effort to identify and evaluate:
