Certified Internal Auditor (CIA) Part 3: Business Knowledge for Internal Auditing Free Practice Exam Questions

259 real Certified Internal Auditor (CIA) Part 3: Business Knowledge for Internal Auditing exam questions with answers and AI explanations. IIA certification prep — page 19 of 26.

1. Question 184: Which of the following cost of capital methods identifies the time period required to recover the cost of the capital investment from the annual inflow produce…
2. Question 185: A bond that matures after one year has a face value of $250,000 and a coupon of $30,000. If the market price of the bond is $265,000, which of the following wo…
3. Question 186: Which of the following is an example of internal auditors applying data mining techniques for exploratory purposes?
4. Question 187: Which of the following statements is true regarding user-developed applications (UDAs) and traditional IT applications?
5. Question 188: When determining the level of physical controls required for a workstation which of the following factors should be considered?
6. Question 189: An organization decided to outsource its human resources function. As part of its process migration, the organization is implementing controls over sensitive e…
7. Question 190: An organization is considering integration of governance, risk, and compliance (GRC) activities into a centralized technology-based resource. In implementing t…
8. Question 191: An organization's technician was granted a role that enables him to prioritize projects throughout the organization. Which type of authority will the technicia…
9. Question 192: The comparable uncontrolled price (CUP) method may be used when setting transfer prices in an organization. What is a common limitation of the CUP method?
10. Question 193: To assess the effectiveness of an organization's privacy program, which of the following approaches should an internal auditor take?