Read Online IIA-CIA-Part3 Test Practice Test Questions Exam Dumps [Q465-Q488]

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Read Online IIA-CIA-Part3 Test Practice Test Questions Exam Dumps

Easily To Pass New IIA-CIA-Part3 Premium Exam Updated [Sep 01, 2026]

IIA IIA-CIA-Part3 Exam Overview:

Certification Vendor:	IIA (The Institute of Internal Auditors)
Exam Name:	Internal Audit Function
Exam Number:	IIA-CIA-Part3
Exam Price:	USD 380 (member) / USD 495 (non-member)
Related Certifications:	CIA Part 1 – Essentials of Internal Auditing CIA Part 2 – Practice of Internal Auditing
Passing Score:	600 (scaled score, range 250–750)
Certificate Validity Period:	3 years from completion of all parts
Exam Format:	Multiple-choice questions, Computer-based testing
Exam Duration:	120 minutes
Available Languages:	English, Spanish, French, German, Italian, Japanese, Korean, Portuguese, Chinese (Simplified), Russian
Real Exam Qty:	100
Recommended Training:	IIA Official Study Materials IIA Learning Resources
Exam Registration:	Pearson VUE Scheduling IIA Official Registration
Sample Questions:	IIA IIA-CIA-Part3 Sample Questions
Exam Way:	Computer-based; available at Pearson VUE test centers worldwide; online proctored option available in select regions
Pre Condition:	Meet CIA eligibility: bachelor’s degree or equivalent, character reference, professional experience (varies by education level); complete CIA application and pay application fee
Official Syllabus URL:	https://www.theiia.org/en/certifications/cia/exam-prep-resources/exam-syllabus/exam-syllabus-part-3/

QUESTION 465
Which of the following is not an appropriate basis for measuring the cost of property, plant, and equipment?

The purchase price, freight costs and installation costs of a productive asset should be included in the asset’s cost.

Proceeds obtained in the process of readying land for its intended purpose, such as from the sale of cleared timber, should be recognized immediately as income.

The costs of improvements to equipment incurred after its acquisition should be added to the asset’s cost if they increase future service potential.

All costs incurred in the construction of a plant building, from excavation to completion, should be considered as part of the asset’s cost.

QUESTION 466
Which of the following is a project planning methodology that involves a complex series ot required simulations to provide information about schedule risk?

Monte Carlo Analysis

Project Management Information System (PMIS)

Earned Value Management (EVM).

Integrated Project Plan A

QUESTION 467
An audit of the electronic data interchange EDI) area of a banking group revealed the facts listed below. Which one indicates the need for improved internal control?

Employees may only access the computer system via an ID and an encrypted password.

The system employs message sequencing as a way to monitor data transmissions.

Certain types of transactions may only be made at specific terminals.

Branch office employees may access the mainframe with a single call via modem.

QUESTION 468
Which of the following is the best example of a compliance risk that is likely to arise when adopting a bring-your-own-device (BYOD) policy?

The risk that users try to bypass controls and do not install required software updates.

The risk that smart devices can be lost or stolen due to their mobile nature.

The risk that an organization intrusively monitors personal information stored on smart devices.

The risk that proprietary information is not deleted from the device when an employee leaves.

QUESTION 469
The first step in determining product price is:

Determining the cost of the product.

Developing pricing objectives.

Evaluating prices set by the competitors.

Selecting a pricing method.

QUESTION 470
An organization had three large centralized divisions: one that received customer orders for service work; one that scheduled the service work at customer locations; and one that answered customer calls about service problems. These three divisions were restructured into seven regional groups, each of which performed all three functions. One advantage of this restructuring would be:

Better internal controls.

Greater economies of scale.

Improved workflow.

Increased specialization.

QUESTION 471
Which of the following is a role of the board of directors in the governance process?

Conduct periodic assessments of the organization ‘ s governance systems.

Obtain assurance concerning the effectiveness of the organization ‘ s governance systems.

Implement an effective system of internal controls to support the organization ‘ s governance systems.

Review and approve operational goals and objectives.

QUESTION 472
According to IIA guidance, which of the following would be a primary reason for an internal auditor to test the organization’s IT contingency plan?

To ensure that adequate controls exist to prevent any significant business interruptions.

To identify and address potential security weaknesses within the system.

To ensure that tests contribute to improvement of the program.

To ensure that deficiencies identified by the audit are promptly addressed.

QUESTION 473
Which statement best describes total quality management TOM)?

TOM emphasizes reducing the cast of inspection.

TOM emphasizes better statistical quality control techniques.

TOM emphasizes doing each job right the first time.

TOM emphasizes encouraging crass-functional teamwork.

QUESTION 474
Which of the following would be the strongest control to prevent unauthorized wireless network access?

Allowing access to the organization’s network only through a virtual private network.

Logging devices that access the network, including the date. time, and identity of the user.

Tracking all mobile device physical locations and banning access from non-designated areas.

Permitting only authorized IT personnel to have administrative control of mobile devices.

QUESTION 475
Residual income is often preferred over return on investment ROI as a performance evaluation because

Residual income is a measure over time while ROI represents the results for a single time period.

Residual income concentrates on maximizing absolute amounts of income rather than a percentage return as with ROI.

The imputed interest rate used in calculating residual income is more easily derived than the target rate that is compared to the calculated ROI.

Average investment is employed with residual income while year-end investment is employed with ROI.

QUESTION 476
Which of the following is an established systems development methodology?

Waterfall.

Projects in Controlled Environments (PRINCE2).

Information Technology Infrastructure Library (ITIL).

COBIT

QUESTION 477
Which of the following statements is accurate regarding the use of Secure Sockets Layer (SSL) as a control?

It supports the authentication of information sent to a server.

It prevents phishing attacks that redirect users to malicious sites.

It prevents malware infections.

It identifies each client-server session using temporary tokens.

QUESTION 478
All of the following are methods for distributing a relational database across multiple servers except:

Snapshot making a copy of the database for distribution

Replication creating and maintaining replica copies at multiple locations

Normalization separating the database into logical tables for easier user processing

Fragmentation separating the database into parts and distributing where they are needed

QUESTION 479
According to the COSO enterprise risk management (ERM) framework, which of the following is not a typical responsibility of the chief risk officer?

Establishing risk category definitions and a common risk language for likelihood and impact measures.

Defining ERM roles and responsibilities.

Providing the board with an independent, objective risk perspective on financial reporting.

Guiding integration of ERM with other management activities.

QUESTION 480
Electronic commerce e-commerce) is generally defined as “conducting commercial activities over the Internet.” These commercial activities can be all but which of the following?

Business-to-business

Business-to-consumer

Business-to-employee

Consumer-to-business.

QUESTION 481
An organization and its trading partner rely on a computer-to-computer exchange of digital business documents. Which of the following best describes this scenario?

Use of a central processing unit

Use of a database management system

Use of a local area network

Use of electronic data Interchange

QUESTION 482
An organization accumulated the following data for the prior fiscal year:
Value of Percentage of
Quarter
Output Produced
Cost X
1
$4,750,000
2.9
2
$4,700,000
3.0
3
$4,350,000
3.2
4
$4,000,000
3.5
Based on this data, which of the following describes the value of Cost X in relation to the value of Output Produced?

Cost X is a variable cost.

Cost X is a fixed cost.

Cost X is a semi-fixed cost.

Cost X and the value of Output Produced are unrelated.

QUESTION 483
An internal auditor reviews a data population and calculates the mean, median, and range. What is the most likely purpose of performing this analytic technique?

To inform the classification of the data population.

To determine the completeness and accuracy of the data.

To identify whether the population contains outliers.

To determine whether duplicates in the data inflate the range.

QUESTION 484
Which of the following attributes of data is the most significantly impacted by the internet of things?

Normalization

Velocity

Structuration

Veracity

QUESTION 485
Which of the following best describes the primary objective of cybersecurity?

To protect the effective performance of IT general and application controls.

To regulate users’ behavior it the web and cloud environment.

To prevent unauthorized access to information assets.

To secure application of protocols and authorization routines.

QUESTION 486
Which of the following should be included in a data privacy poky?
1. Stipulations for deleting certain data after a specified period of time.
2. Guidance on acceptable methods for collecting personal data.
3. A requirement to retain personal data indefinitely to ensure a complete audit trail,
4. A description of what constitutes appropriate use of personal data.

1 and 2 only

2 and 3 only

1, 2 and 4 only

2, 3, and 4 only

QUESTION 487
To reduce security exposure when transmitting proprietary data communication lines, a company should use:

Asynchronous modems.

Authentication techniques

Call-back procedures.

Cryptographic devices.

QUESTION 488
The term “short-selling” is the:

Selling of a security that was purchased by borrowing money from a broker.

Selling of a security that is not owned by the seller.

Selling of all the shares you own in an entity in anticipation that the price will decline dramatically.

Betting that a stock will increase by a certain amount within a given period of time.

IIA-CIA-Part3 exam is a certification exam offered by the Institute of Internal Auditors (IIA) for internal auditors seeking to enhance their knowledge and skills in the area of business knowledge. IIA-CIA-Part3 exam is designed to test the candidate’s understanding of business principles and practices, including financial management, marketing, operations, and information technology. It is one of the three exams required to obtain the Certified Internal Auditor (CIA) designation, which is recognized globally as the standard for internal auditors.

IIA-CIA-Part3 Certification All-in-One Exam Guide Sep-2026: https://www.passleadervce.com/Certified-Internal/reliable-IIA-CIA-Part3-exam-learning-guide.html