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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 151

Dale has 20 days to complete production of an order for an important customer. The customer wants 96 units of product that may be painted either red or white. The red units can be produced at a rate of 4 per day. The white units, because of a different quality of paint, can be produced at a rate of 7 per day. The materials for the red units cost US $80 each, while the white units cost US $120 each. Dale wants to keep costs at a minimum. What is the constraint that expresses the number of units to be produced?

Correct Answer: B
The constraint function that expresses the number of units to be produced is R + W = 96, but that is not one of the answer choices. Another constraint is that the total quantities of red (R) and white (W) units must be produced in 20 or fewer days at a rate of 4 red units per day and 7 white units per day. Thus, the time constraint is (R / 4) + (W + 7) 20.
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Question 152

Which of the following examples demonstrates that the internal audit activity uses descriptive analytics in its engagements?

Correct Answer: A
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Question 153

The arrival time follows which probability distribution?

Correct Answer: C
Queuing models assume that arrivals follow a Poisson process: the events arrivals) are independent, any number of events must be possible in the interval of time, the probability {of an event is proportional to the length of the interval, and the probability {of more than one event is negligible if the interval is sufficiently} small. If is the average number of events in a given interval, k is the number of events, and e is the natural logarithm 2.71828...), the probability of k is.
f K) = k e - k !
A bank has two drive-in lanes to serve customers: one attached to the bank itself and one on an island. One teller serves bath stations. The bank is interested in determining the average waiting times of customers and has developed a model based on random numbers. The two key factors are the time between successive car arrivals and the time customers wait in line.
Assume that the analysis begins with cars just arriving at bath service windows bath requiring 3 minutes of service time. Car 1 is the attached window attached to the bank unless that window has more cars waiting than the island window. The lone teller will always serve the car that arrived first. If two cars arrive simultaneously, the one at the attached window will be served before the one at the island.
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Question 154

Quality control circles are now used all over the world. The circles typically consist of a group of five to ten employees who meet regularly. The primary goal of these circles is:

Correct Answer: B
Quality control circles are used to obtain voluntary input from employees to promote problem solving. Potential benefits include lower costs, better employer-employee relations, and greater employee commitment.
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Question 155

Which of the following measures create the most restrictive barrier to exporting to a country?

Correct Answer: C
An embargo is a total ban on some kinds of imports. It is an extreme form of the import quota. Embargoes have the effect of totally excluding the exporting entity from selling in that country and are the most restrictive type of import/export law.
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