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Latest IIA-CIA-Part3-3P Exam Practice Questions

The practice questions for IIA-CIA-Part3-3P exam was last updated on 2025-04-26 .

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Question#1

Which of me following is applicable to both a job order cost system and a process cost system?

A. Total manufacturing costs are determined at the end of each period.

B. Costs are summarized in a production cost repot for each department

C. Three manufacturing cost elements are tracked direct materials direct labor and manufacturing overhead.

D. The unit cost can be calculated by dividing the total manufacturing costs for the period by the units produced during the period

Question#2

In order to provide useful information for an organization's risk management decisions, which of the following factors is least important to assess?

A. The underlying causes of the risk.

B. The impact of the risk on the organization's objectives.

C. The risk levels of current and future events.

D. The potential for eliminating risk factors.

Question#3

A company's financial balance sheet is presented below:
The company has net working capital of:

A. $160

B. $210

C. $350

D. $490

Question#4

For an engineering department with a total quality management program, important elements of quality management include all of the following except:

A. Basing performance evaluations on the number of projects completed.

B. Comparing results with those of other engineering departments.

C. Creating a quality council within the engineering department.

D. Conducting post-project surveys on performance.

Question#5

An organization has instituted a bring-your-own-device (BYOD) work environment.
Which of the following policies best addresses the increased risk to the organization's network incurred by this environment?

A. Limit the use of the employee devices for personal use to mitigate the risk of exposure to organizational data.

B. Ensure that relevant access to key applications is strictly controlled through an approval and review process

C. Institute detection and authentication controls for all devices used for network connectivity and data storage

D. Use management software to scan and then prompt patch reminders when devices connect to the network

Exam Code: IIA-CIA-Part3-3PQ & A: 489 Q&AsUpdated: 2025-04-26

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