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IIA IIA-CIA-Part3-3P Exam Dumps Questions and Answers

Exam Code: IIA-CIA-Part3-3P
Exam Name: CIA Exam Part Three: Business Knowledge for Internal Auditing
Certification: CIA
Vendor: IIA
Last Update: Oct 9, 2025
Questions: 488
10  Customers Passed IIA IIA-CIA-Part3-3P
85%  Average Success In Real Exam
92%  Questions came word by word from this dump
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CIA Exam Part Three: Business Knowledge for Internal Auditing Questions and Answers

Questions 1

Which of the following is classified as a product cost using the variable costing method?

1) Direct labor costs

2) Insurance on a factory.

3) Manufacturing supplies.

4) Packaging and shipping costs

Options:

A.

1 and 2

B.

1 and 3

C.

2 and 4

D.

3 and 4

Questions 2

An organization had a gross profit margin of 40 percent in year one and in year two. The net profit margin was 18 percent in year one and 13 percent in year two.

Which of the following could be the reason for the decline in the net profit margin for year two?

Options:

A.

Cost of sales increased relative to sales.

B.

Total sales increased relative to expenses.

C.

The organization had a higher dividend payout rate in year two.

D.

The government increased the corporate tax rate.

Questions 3

A clothing company sells shirts for $8 per shirt. In order to break even, the company must sell 25,000 shirts. Actual sales total $300,000.

What is margin of safety sales for the company?

Options:

A.

$100,000

B.

$200,000

C.

$275,000

D.

$500,000

Next Question

IIA IIA-CIA-Part3-3P Exam Dumps FAQs

What is the IIA IIA-CIA-Part3-3P Exam?

The IIA IIA-CIA-Part3-3P exam is a specialized certification designed for professionals in internal auditing with a strong focus on cybersecurity. It evaluates a candidates ability to integrate traditional auditing practices with modern cybersecurity risk management, ensuring that auditors are equipped to address todays digital threats.

Why is the IIA-CIA-Part3-3P (CIA) Certification important?

The IIA-CIA-Part3-3P (CIA) certification is important because it enhances professional credibility, opens up a wide range of career opportunities, increases earning potential, and ensures continuous professional development in the field of internal auditing and cybersecurity. It signifies a high level of expertise and commitment to the profession, recognized globally by organizations.

What topics are covered in the IIA IIA-CIA-Part3-3P Exam?

The IIA IIA-CIA-Part3-3P exam covers a broad spectrum of topics including governance, risk assessment, internal controls, and cybersecurity-specific areas such as threat analysis, data protection, and incident response. This comprehensive approach ensures that candidates are proficient in both core auditing principles and emerging cybersecurity challenges.

How long is IIA IIA-CIA-Part3-3P Exam and how many questions does it include?

The IIA IIA-CIA-Part3-3P exam consists of 100 questions and has a duration of 120 minutes.

What is the passing score for IIA IIA-CIA-Part3-3P Exam?

The passing score for the IIA IIA-CIA-Part3-3P exam is 70%.

What is the difference between IIA IIA-CIA-Part3-3P and IIA-CIA-Part2 Exams?

The IIA IIA-CIA-Part3-3P and IIA-CIA-Part2 exams are both parts of the Certified Internal Auditor (CIA) certification, but they focus on different areas of internal auditing.

  • IIA IIA-CIA-Part3-3P Exam: The IIA IIA-CIA-Part3-3P Exam assesses candidates' understanding of core business concepts, including business acumen, information security, information technology, and financial management.
  • IIA IIA-CIA-Part2 Exam: The IIA IIA-CIA-Part2 Exam emphasizes the practical aspects of internal auditing, such as managing the internal audit function, conducting individual engagements, and understanding fraud risks and controls.

Where can I find comprehensive IIA-CIA-Part3-3P study materials and practice test?

For a thorough preparation experience, visit the IIA-CIA-Part3-3P section on DumpsBuddy. Our dedicated study materials include detailed IIA-CIA-Part3-3P exam questions, practice exams, and exam dumps that provide a realistic preview of the IIA IIA-CIA-Part3-3P exam, ensuring you have the tools needed to succeed.

What is the cost of the IIA IIA-CIA-Part3-3P Exam?

The cost of the IIA IIA-CIA-Part3-3P exam varies depending on the candidate's membership status with the IIA. For IIA members, the IIA IIA-CIA-Part3-3P exam fee is $280 per part, while non-members pay $415 per part. Students can avail of a discounted fee of $215 per part.

Is IIA-CIA-Part3-3P Exam difficult?

The IIA IIA-CIA-Part3-3P exam can be challenging depending on your background and preparation. Thorough study and use of IIA-CIA-Part3-3P PDF dumps like official IIA training study materials and DumpsBuddy IIA-CIA-Part3-3P practice exams can help improve your chances of success.

What is the salary of IIA?

Certified Internal Auditors (CIAs) earn between $69,000 and $84,000 annually, with higher-level roles earning more based on responsibilities and expertise.