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  1. Home
  2. IIA Certification
  3. IIA-CIA-Part3 Exam
  4. IIA.IIA-CIA-Part3.v2023-01-15.q275 Dumps
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Question 86

Which of the following refers to taxes that do not necessarily take a larger absolute share of an increase in income?

Correct Answer: C
Regressive taxes are those for which the average tax rate falls as income rises. They take a smaller percentage of income as income rises, so they will not necessarily take a larger absolute amount of income as income rises.
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Question 87

Which of the following stages of contracting focuses on aligning the markets with objectives of the organization?

Correct Answer: D
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Question 88

A company's product has an expected 4-year life cycle from research, development, and design through its withdrawal from the market. Budgeted costs are:

The company plans to produce 200,000 units and price the product at 125°!a of the wholelife unit cost. Thus, the budgeted unit selling price is:

Correct Answer: D
Whole-life costs include after-purchase costs operating, support, repair, and disposal) incurred by customers as well as life-cycle costs R&D, design, manufacturing, marketing, distribution, and research). Hence, the budgeted unit whole-life cost is US $36 [($2,000,000
+ $3,000,000 + $1,200,000 + $1,000,000) - 200,000 units], and the budgeted unit selling price is US $45 $36 125CYo).
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Question 89

The effective-interest method and the straight-line method of amortizing a bond discount differ in that the effective-interest method results in:

Correct Answer: B
Under the effective-interest method, interest expense for each period equals the effective interest rate times the carrying value of the bond issue. As the discount is amortized, the carrying value rises and interest expense increases.
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Question 90

Which of the following focuses on finding statistical relationships in order to create profiles?

Correct Answer: D
Explanation/Reference: https://www.researchgate.net/profile/Mohamed_Hammad11/post/ What_instrument_is_used_to_analyze_qualitative_descriptive_data/attachment/59d659ca79197b80779af218/ AS%3A543750520664064%401506651634578/download/CHAPTER+6-+DATA+ANALYSIS+AND
+INTERPRETATION.pdf
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