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  • Exam Number/Code : IIA-CIA-Part3
  • Exam Name : Business Knowledge for Internal Auditing
  • Questions and Answers : 260 Q&As
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NEW QUESTION: 1
Veronica plc prepares its financial statements to 31 December. During 2012 Veronica plc made sales of $850,000 and incurred costs of $610,500. At the beginning of 2012 customers owed
$125,500 and at the end of the year they owed $135,400. At the beginning of 2012 Veronica plc owed $45,500 to its suppliers and employees and at the end of the year it owed $35,700.
During 2012 Veronica plc received interest of $14,500 and paid interest of $500.
In accordance with IAS 7 Statement of Cash Flows, what was Veronica plc's net cash from operating activities under the direct method for the year ended 31 December 2012?
A. $219,300
B. $233,800
C. $219,800
D. $258,700
Answer: A

NEW QUESTION: 2
Which of the following is MOST critical when creating an incident response plan?
A. Identifying vulnerable data assets
B. Identifying what constitutes an incident
C. Documenting incident notification and escalation processes
D. Aligning with the risk assessment process
Answer: C

NEW QUESTION: 3
A new contact center deployment does not have an exact busy hour call attempt number for the sizing tools. The customer plans to hire 1500 agents and projects that each call will average four minutes, including wrap-up. Which value is the best estimate to use for busy hour call attempts?
A. 15,000
B. 10,000
C. 22,500
D. 24,750
E. 30,000
Answer: C

NEW QUESTION: 4
You receive the following memo:
We need a new field to store skills. At the present time, we have identified five skills; however, this will likely increase in the future. Each skill will have a three-character code and a description. We want the skill to be searchable by the description.
How would you create this field?
A. Create a three-character field for SKILL and then create a Skills table with two fields: SKILL and DESCR. When you add the field to the record, set it up as an alternate search key and prompt table edit referencing the Skills table
B. Create a three-character field for SKILL and then create a Skills table with two fields: SKILL and DESCR. When you add the field to the record, set it up as a prompt table edit referencing the Skills table
C. Create a three-character field for SKILL and add translate values for the initial five skills defined. When you add the field to the record, set it up as an alternate search key and translate table edit
D. Create a three-character field for SKILL and add translate values for the initial five skills defined. When you add the field to the record, set it up as a translate table edit
Answer: D

 

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2025 Test IIA-CIA-Part3 Quiz | IIA-CIA-Part3 Latest Test Bootcamp & Exam Dumps Business Knowledge for Internal Auditing Demo - Cads-Group


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