Which of the following is not a common feature of cumulative preferred stock?
A. Priority over common stock with regard to dilution of shares.
B. Priority over common stock with regard to earnings.
C. Priority over common stock with regard to dividend payment.
D. Priority over common stock with regard to assets.
An organization is considering the outsourcing of its business processes related to payroll and information technology functions. Which of the following is the most significant area of concern for management regarding this proposed agreement?
A. Ensuring that payments to the vendor are appropriate and timely for the services delivered.
B. Ensuring that the vendor has complete management control of the outsourced process.
C. Ensuring that there are means of monitoring the efficiency of the outsourced process.
D. Ensuring that there are means of monitoring the effectiveness of the outsourced process.
Which of the following is a major advantage of decentralized organizations, compared to centralized organizations?
A. Decentralized organizations are more focused on organizational goals.
B. Decentralized organizations streamline organizational structure.
C. Decentralized organizations tend to be less expensive to operate.
D. Decentralized organizations tend to be more responsive to market changes.
One change control function that is required in client/server environments, but is not required in mainframe environments, is to ensure that:
A. Program versions are synchronized across the network.
B. Emergency move procedures are documented and followed.
C. Appropriate users are involved in program change testing.
D. Movement from the test library to the production library is controlled.
Organizations use matrix management to accomplish which of the following?
A. To improve the chain of command.
B. To strengthen corporate headquarters.
C. To focus better on a single market.
D. To increase lateral communication.
An organization is projecting sales of 100,000 units, at a unit price of $12. Unit variable costs are $7. If fixed costs are $350,000, what is the projected total contribution margin?
A. $350,000
B. $500,000
C. $850,000
D. $1,200,000
When an organization is choosing a new external auditor, which of the following is the most appropriate role for the chief audit executive to undertake?
A. Review and acquire the external audit service.
B. Assess the appraisal and actuarial services.
C. Determine the selection criteria.
D. Identify regulatory requirements to be considered.
What are the objectives of governance as defined by the Standards?
A. Inform, direct, manage, and monitor.
B. Identify, assess, manage, and control.
C. Organize, assign, authorize, and implement.
D. Add value, improve, assure, and conform.
Which of the following strategies is most appropriate for an industry that is in decline?
A. Invest in marketing.
B. Invest in research and development.
C. Control costs.
D. Shift toward mass production.
If legal or regulatory standards prohibit conformance with certain parts of The IIA's Standards, the auditor should do which of the following?
A. Conform with all other parts of The IIA's Standards and provide appropriate disclosures.
B. Conform with all other parts of The IIA's Standards; there is no need to provide appropriate disclosures.
C. Continue the engagement without conforming with the other parts of The IIA's Standards.
D. Withdraw from the engagement.
Nowadays, the certification exams become more and more important and required by more and more enterprises when applying for a job. But how to prepare for the exam effectively? How to prepare for the exam in a short time with less efforts? How to get a ideal result and how to find the most reliable resources? Here on Vcedump.com, you will find all the answers. Vcedump.com provide not only IIA exam questions, answers and explanations but also complete assistance on your exam preparation and certification application. If you are confused on your IIA-CIA-PART3-3P exam preparations and IIA certification application, do not hesitate to visit our Vcedump.com to find your solutions here.