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 IIA-CIA-Part3 Dumps with Practice Exam Questions Answers

Questions: 416 Questions and Answers With Step-by-Step Explanation

Last Update: Mar 25, 2025

IIA-CIA-Part3 Question Includes: Single Choice Questions: 416,

IIA-CIA-Part3 Questions and Answers

Question # 1

An organization with global headquarters in the United States has subsidiaries in eight other nations. If the organization operates with an ethnocentric attitude, which of the following statements is true?

A.

Standards used for evaluation and control are determined at local subsidiaries, not set by headquarters

B.

Orders, commands, and advice are sent to the subsidiaries from headquarters

C.

People of local nationality are developed for the best positions within their own country

D.

There is a significant amount of collaboration between headquarters and subsidiaries

Question # 2

Which of the following application controls is the most dependent on the password owner?

A.

Password selection.

B.

Password aging.

C.

Password lockout.

D.

Password rotation.

Question # 3

Which type of bond sells at a discount from face value, then increases in value annually until it reaches maturity and provides the owner with the total payoff?

A.

High-yield bonds

B.

Commodity-backed bonds

C.

Zero-coupon bonds

D.

Junk bonds

Question # 4

Which of the following is a primary driver behind the creation and prioritization of new strategic initiatives established by an organization?

A.

Risk tolerance.

B.

Performance.

C.

Threats and opportunities.

D.

Governance.

Question # 5

Which of the following represents an example of a physical security control?

A.

Access rights are allocated according to the organization’s policy

B.

There is confirmation that data output is accurate and complete

C.

Servers are located in locked rooms to which access is restricted

D.

A record is maintained to track the process from data input to storage

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IIA IIA-CIA-Part3 Practice Exam FAQs

1. What is the IIA IIA-CIA-Part3 Certification Exam?


The IIA IIA-CIA-Part3 Exam, also known as "Business Knowledge for Internal Auditing", is a certification exam offered by the Institute of Internal Auditors (IIA). It tests candidates' knowledge and skills in business analysis, information technology, and financial management.

2. What topics are covered in the IIA IIA-CIA-Part3 Exam?


The IIA IIA-CIA-Part3 exam covers four domains: Business Acumen (35%), Information Security (25%), Information Technology (25%), and Financial Management (15%).

3. How many questions are on the IIA-CIA-Part3 Exam?


The IIA-CIA-Part3 exam consists of 100 questions and has a duration of 2 hours (120 minutes).

4. How difficult is the IIA-CIA-Part3 Exam?


The IIA-CIA-Part3 Exam is considered to be fairly challenging. Many candidates find it more difficult compared to the other parts of the CIA exam. The exam tests candidates on core business concepts, including Business Acumen, Information Security, Information Technology, and Financial Management.

5. What is the passing score for the IIA-CIA-Part3 Exam?


The passing score for the IIA-CIA-Part3 exam is 500 out of 800.

6. What is the difference between IIA-CIA-Part2 and IIA-CIA-Part3


The CIA certification is divided into three parts, each focusing on different aspects of internal auditing. Here's a breakdown of the differences between CIA Part 2 and CIA Part 3:

  • IIA-CIA-Part2: The IIA-CIA-Part2 Exam focuses on the practical aspects of internal auditing. It covers managing the internal audit activity, planning the engagement, performing the engagement, and communicating engagement results.
  • IIA-CIA-Part3: The IIA-CIA-Part3 Exam emphasizes broader business knowledge and information technology. It covers business acumen, information security, information technology, and financial management.

7. How can I prepare for the IIA-CIA-Part3 Exam?


To prepare effectively, candidates should use IIA-CIA-Part3 questions and answers PDF and practice tests from Dumpstool, study the IIA’s official study guide, review business management and financial topics, and practice with a testing engine to get familiar with the exam format.

8. Are the IIA IIA-CIA-Part3 exam questions regularly updated?


Yes, Dumpstool ensures that IIA-CIA-Part3 exam questions are regularly updated to match the latest CIA Part 3 syllabus and question patterns.

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