| Exam Name: | CIA Exam Part Three: Business Knowledge for Internal Auditing | ||
| Exam Code: | IIA-CIA-Part3-3P Dumps | ||
| Vendor: | IIA | Certification: | CIA |
| Questions: | 488 Q&A's | Shared By: | vanessa |
During the last year, an organization had an opening inventory of $300,000, purchases of $980,000, sales of $1,850,000, and a gross margin of 40 percent. What is the closing inventory if the periodic inventory system is used?
A supervisor receives a complaint from an employee who is frustrated about having to learn a new software
program. The supervisor responds that the new software will enable the employee to work more efficiently and with greater accuracy. This response is an example of:
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.
TESTED 26 Apr 2025
