Free IIA IIA-CIA-Part3 Exam Questions

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

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Total 628 Questions | Updated On: Dec 08, 2025

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Question 1

An organization had three large centralized divisions: one that received customer orders for service work; one that scheduled the service work at customer locations; and one that answered customer calls about service problems. These three divisions were restructured into seven regional groups, each of which performed all three functions. One advantage of this restructuring would be:

A : tter internal controls.

B : eater economies of scale.

C : proved work flow.

D : creased specialization.

Answer: C

Question 2

According to IIA guidance, which of the following statements is true regarding penetration testing?

A : ting should not be announced to anyone within the organization to solicit a real-life response.

B : ting should take place during heavy operational time periods to test system resilience.

C : ting should be wide in scope and primarily address detective management controls for identifying potential attacks.

D : ting should address the preventive controls and management's response.

Answer: D

Question 3

According to IIA guidance, which of the following best describes an adequate management (audit) trail application control for the general ledger?

A : port identifying data that is outside of system parameters.

B : port identifying general ledger transactions by time and individual.

C : port comparing processing results with original input.

D : port confirming that the general ledger data was processed without error.

Answer: C

Question 4

Which of the following best explains how selling and administrative expenses are recognized under both absorption and variables costing approaches?

A : They are recognized as product costs under absorption costing, and period costs under variable costing.

B : They are recognized as period costs under absorption costing, and product costs under variable costing.

C : They are recognized as period costs under both approaches.

D : They are recognized as product costs under both approaches.

Answer: C

Question 5

Which of the following performance measures disincentivizes engaging in earnings management?

A : nking performance to profitability measures such as return on investment.

B : nking performance to the stock price.

C : nking performance to quotas such as units produced.

D : nking performance to nonfinancial measures such as customer satisfaction and employees training.

Answer: A

Page: 1 / 126

Total 628 Questions | Updated On: Dec 08, 2025

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