Exam Name: | Business Knowledge for Internal Auditing | ||
Exam Code: | IIA-CIA-Part3 Dumps | ||
Vendor: | IIA | Certification: | CIA |
Questions: | 416 Q&A's | Shared By: | rahma |
An organization has 1,000 units of a defective item in stock. Per unit, market price is $10; production cost is $4; and the defect selling price is $5. What is the carrying amount (inventory value) of defects at year-end?
According to IIA guidance, which of the following best describes an adequate management (audit) trail application control for the general ledger?
An organization requires an average of 58 days to convert raw materials into finished products to sell. An additional 42 days is required to collect receivables. If the organization takes an average of 10 days to pay for raw materials, how long is its total cash conversion cycle?
Which of the following statements is true regarding a bring-your-own-device (BYOD) environment?