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Exam Code: IIA-CIA-Part3-3P
Exam Name: CIA Exam Part Three: Business Knowledge for Internal Auditing
Vendor: IIA

60 Questions & Answers
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NEW QUESTION: 1
After meeting with the program sponsor and stakeholders, the program manager is asked by the sponsor to accelerate the program to replace two legacy financial systems. The legacy systems are at risk of premature failure.
What should the program manager do next?
A. Create several "what-if" scenarios of alternatives to present to the program sponsor.
B. Identify the parts of the program that need to be accelerated and, if it is cost effective and increases benefits realization, implement the change.
C. Analyze the impact of accelerating the program, and present the pros and cons to the program sponsor.
D. Accelerate the projects and components of the program that replace the two legacy systems.
Answer: D

NEW QUESTION: 2
If there is only one valid grade for the job or position, the valid value will be automatically defaulted in the grade field. This can be achieved only if ____________.
A. "Default the Grade from Job/Position (Y/N)" is set to Y
B. "Default the Grade from Job/Position (Y/N)" is set to N
C. "Enforce Valid Grades (Y/N)" is set to N
D. "Enforce Valid Grades (Y/N)" is set to Y
Answer: A
Explanation:
Default the Grade from the Job or Position (PER_DEFAULT_GRADE_FROM_JOB_POSITION)
If you set this site-level profile option to Yes, and there is only one valid grade for a job or position, then that grade is used by default in the assignment or employment terms. In addition, if an entry grade is defined for a position, then that grade is used by default when the user creates a new set of employment terms or a new assignment.
If you set this profile option to No, which is the default value, then users can select from all grades.
Reference: Oracle Fusion Applications Workforce Development Implementation Guide 11g,Define Employment Record Values

NEW QUESTION: 3
Which of the following inventory cost elements is the most difficult to quantify?
A. Cost of reordering
B. Shortage cost
C. Carrying cost
D. Unit cost
Answer: B

NEW QUESTION: 4

A. Option A
B. Option D
C. Option C
D. Option B
Answer: A


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