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  1. Home
  2. IIA Certification
  3. IIA-CIA-Part3 Exam
  4. IIA.IIA-CIA-Part3.v2022-03-14.q256 Dumps
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Question 251

If a bank's activities are categorized under such departments as community banking, institutional banking, and agricultural banking, what kind of departmentalization is being utilized?

Correct Answer: A
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Question 252

Management of a bookkeeping company observed that the average time spent to perform identical tasks using a new software package decreases as the number of tasks performed increases. The following information on the use of the new software was collected.

If this learning effect continues, what is the average time to perform each of the first eight tasks?

Correct Answer: A
Learning curves reflect the increased rate at which people perform tasks as they gain experience. The time required to perform a given task becomes progressively shorter. This technique is applicable only to the early stages of production or to any new task. One common assumption is that the cumulative average time per unit is reduced by a fixed percentage each time cumulative production is doubled. Based on the given data, this company has a 90% learning curve (90% x 10 minutes = 9 minutes. and 90% < 9 minutes = 8 1 minutes, Accordingly, the cumulative average time to perform eight tasks is 7 29 minutes (90% * 8.1 minutes).
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Question 253

Which mindset promotes the most comprehensive risk management strategy?

Correct Answer: D
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Question 254

Which of the following statements accurately describes one of the characteristics that distinguishes a multinational company from a domestic company?

Correct Answer: B
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Question 255

When a manager generalizes from the evaluation of one or a few traits to the employee's total performance, she has made:

Correct Answer: B
The halo effect occurs when the appraiser judges one or a few employee traits and carries over this judgment to the evaluation of the employee's other traits. The converse of the halo effect is the horn effect. It occurs when the manager allows one negative trait to influence the evaluation of other traits.
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