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IIA-CIA-Part3 certification exam, also known as Business Knowledge for Internal Auditing, is a highly sought-after certification among internal auditors. Business Knowledge for Internal Auditing certification exam is designed to test the candidate's knowledge of business concepts and their application in an internal audit context. IIA-CIA-Part3 exam is conducted by the Institute of Internal Auditors (IIA) and serves as an internationally recognized validation of an internal auditor's expertise in business knowledge.
In order to be eligible to take the IIA-CIA-Part3 exam, candidates must have completed the IIA-CIA-Part1 and IIA-CIA-Part2 exams or have obtained a waiver. They must also meet the IIA's experience requirements, which vary depending on their educational background. Overall, the IIA-CIA-Part3 Certification Exam is a challenging but rewarding certification that can help internal auditors take their careers to the next level.
IIA-CIA-Part3 exam is a challenging examination that requires the candidate to have a strong grasp of business knowledge and concepts. IIA-CIA-Part3 exam is intended to measure the candidate's ability to apply these principles to internal auditing. Furthermore, the exam covers various topics, from data analytics to financial management, which requires the candidate to have a broad understanding of business essentials.
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Having a IIA Certification IIA-CIA-Part3 Exam certificate can help people who are looking for a job get better employment opportunities in the IT field and will also pave the way for a successful IT career for them.
NEW QUESTION # 287
A means of limiting production delays caused by equipment breakdown and repair is to:
Answer: A
Explanation:
A preventive maintenance program reduces equipment breakdowns and repairs.
NEW QUESTION # 288
The audit committee of a global corporation has mandated a change in the organization's business ethics policy. Which of the following approaches describes the best way to accomplish the policy's diffusion worldwide?
Answer: D
NEW QUESTION # 289
Cash interest payments in Year 2 were:
Answer: C
Explanation:
The interest payable credited in Year 1 was US $15,000$20,000 interest expense - $5,000 amortized bond discount). Thus. the cash interest payment was US $12,000$8,000 beginning interest payable + $15,000 interest payable credited in Year 1 - $11.000 ending interest payable).
NEW QUESTION # 290
Philip enterprises, distributor of compact disks(CDS),is developing its budgeted cost of goods sold for 1998.Philip has developed the following range of sales estimates and associated probabilities for the year:
Philip's cost of goods sold averages 80% of sales. t hat is the expected value of Philip's 1998 budgeted cost of goods sold?
Answer: C
Explanation:
The expected value is calculated by weighting each sales estimate by the probability of its occurrence. Consequently, the expected value of sales is US $84,000 [$60,000 .25) + $85,000 .40) + $100,000 .35)]. Cost of goods sold is therefore US $67,200 800/0 $84,000).
NEW QUESTION # 291
Which of the following are appropriate functions for an IT steering committee?
1. Assess the technical adequacy of standards for systems design and programming.
2. Continually monitor of the adequacy and accuracy of software and hardware in use.
3. Assess the effects of new technology on the organization's IT operations.
4. Provide broad oversight of implementation, training, and operation of new systems.
Answer: B
NEW QUESTION # 292
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