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IIA Updated IIA-CIA-Part3 Exam Questions and Answers by hoorain

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IIA IIA-CIA-Part3 Exam Overview :

Exam Name: Business Knowledge for Internal Auditing
Exam Code: IIA-CIA-Part3 Dumps
Vendor: IIA Certification: CIA
Questions: 416 Q&A's Shared By: hoorain
Question 88

Which of the following biometric access controls uses the most unique human recognition characteristic?

Options:

A.

Facial comparison using photo identification.

B.

Signature comparison.

C.

Voice comparison.

D.

Retinal print comparison.

Discussion
Question 89

After purchasing shoes from an online retailer, a customer continued to receive additional unsolicited offers from the retailer and other retailers who offer similar products.

Which of the following is the most likely control weakness demonstrated by the seller?

Options:

A.

Excessive collecting of information

B.

Application of social engineering

C.

Retention of incomplete information.

D.

Undue disclosure of information

Discussion
Question 90

Which of the following best explains the matching principle?

Options:

A.

Revenues should be recognized when earned.

B.

Revenue recognition is matched with cash.

C.

Expense recognition is tied to revenue recognition.

D.

Expenses are recognized at each accounting period.

Discussion
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Question 91

Which of the following actions is likely to reduce the risk of violating transfer pricing regulations?

Options:

A.

The organization sells inventory to an overseas subsidiary at fair value.

B.

The local subsidiary purchases inventory at a discounted price.

C.

The organization sells inventory to an overseas subsidiary at the original cost.

D.

The local subsidiary purchases inventory at the depreciated cost.

Discussion
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