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  1. Home
  2. IIA Certification
  3. IIA-CIA-Part3 Exam
  4. IIA.IIA-CIA-Part3.v2023-06-10.q182 Dumps
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Question 81

In relation to the monetary unit amount of sales, which of the following cost classifications is appropriate for advertising and sales salaries costs?

Correct Answer: D
Both advertising and sales salaries should be classified as fixed costs. The advertising was constant for 3 of the 4 months and would be considered fixed in terms of monetary unit sales. Sales salaries also did not vary with monetary unit sales. A company manufactures and sells a single product. Planned and actual production in its first year of operation was 100,000 units. Planned and actual costs for that year were as:

The company sold 85,0u0 units of product at a selling price of US $30 per unit.
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Question 82

A firm must decide the mix of production of Product X and Product Y.
There are only two resources used in the two products, resources A and B. Data related to the two products is given in the following table:

What is the appropriate objective function to maximize profit?

Correct Answer: C
The objective function is the function to be optimized. This firm wishes to maximize profits on the sales of two products (X and Y). Based on profits per unit (US $8 and US $6. respectively), the objective function is 8X + 6Y.
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Question 83

Electronic commerce e-commerce) is generally defined as "conducting commercial activities over the Internet." These commercial activities can be all but which of the following?

Correct Answer: D
These commercial activities can be business-to-business B2B), business-to-consumer (B2C), and business-to-employee B2E). Consumer-to-business is not a commercial activity because it does not originate from a business, therefore, it is not considered part of e-commerce.
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Question 84

A pricing strategy that sells combinations of products at a price lower than the combined prices of the individual items is:

Correct Answer: C
Product-bundle pricing is a strategy to promote items consumers might not otherwise buy by selling combinations of products at a price lower than the prices of the individual items combined.
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Question 85

If the value of the U.S. dollar in foreign currency markets changes from US $1 = .95 euros to US $1 = .90 euros.

Correct Answer: B
The dollar has declined in value relative to the euro_ If an American had previously wished to purchase a European product that was priced at 10 euros, the price would have been about US $10.53. After the dollar's decline in value, the price of the item has increased to about US $11.11. Hence, imports from Europe should do-i --se and exports increase.
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