[Feb-2023] Use Real IIA-CIA-Part3 Dumps – 100% Free IIA-CIA-Part3 Exam Dumps [Q175-Q196]

Q175. A corporation acquires a 30% voting interest in another. In this situation, the long-term investment is generally accounted for on the investor corporation’s books using which of the following reporting methods?

Q176. A financial institution receives frequent and varied email requests from customers for funds to be wired out of their accounts. Which verification activity would best help the institution avoid falling victim to phishing?

Q177. Using absorption costing, the company’s operating profit was:

Q178. Is PERT analysis a control tool or a planning tool?

Q179. The correlation coefficient that indicates the weakest linear association between two variables is:

Q180. In PERT, slack is the:

Q181. A newly acquired plant asset is to be depreciated over its useful life. The rationale for this process is the:

Q182. An organization has a declining inventory turnover but an Increasing gross margin rate, Which of the following statements can best explain this situation?

Q183. Which of the following actions would best address a concern that data uploaded from a desktop computer may be erroneous?

Q184. What is the number of production runs per year of computer chairs that would minimize the sum of carrying and setup costs for RCF for the coming year?

Q185. A rapidly expanding retail organization continues to be tightly controlled by its original small management team.
Which of the following is a potential risk in this vertically centralized organization?

Q186. Which of the following would Batchelder most likely use as a hash total?

Q187. Which of the following budgets serves as a basis for the budgeted income statement?

Q188. Refer to the exhibit.

If the profit margin of an organization decreases, and all else remains equal, which of the following describes how the “Funds Needed” line in the graph below will shift?

Q189. Which of the following is most influenced by a retained earnings policy?

Q190. To calculate net sales, List Ac must be List Be cash receipts from customers.

Q191. In which stage of an entity’s development is it most likely to seek and obtain external equity financing in the form of venture capital?

Q192. A company manufactures a single product. Estimated cost data regarding this product and other information for the product and the company are as follows:

The number of units the company must sell in the coming year in order to reach its breakeven point is:

Q193. If, in addition to the estimated profits, management of the bank assesses the probabilities of high, medium, and low demands to be 0.3, 0.4 and 0.3, respectively, what is the expected opportunity loss from selecting location L4?

Q194. At January 1, Year 1, a sole proprietorship’s assets totaled U`? $710,900, and its liabilities amounted to US $120,000_ During Year 1, owner investments amounted to US $72,000, and owner withdrawals totaled US $75,000. At December 31, Year 1, assets totaled US $270,000 and liabilities amounted to US $171,000. The amount of profit for Year 1 was:

Q195. A restaurant decided to expand its business to include delivery services, rather than relying on third-party food delivery services. Which of the following best describes the restaurants strategy?

Q196. The most important reason to use risk assessment in audit planning is to: