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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 21

A desired result of the sharing of information by all functions and organizations in the supply chain is:

Correct Answer: A
Sharing information about sales, inventory, pricing, advertising campaigns, and sales forecasts by all functions and organizations in the supply chain moderates demand uncertainty for all parties. The desired results are a) minimization of inventories held by suppliers, manufacturers, and retailers; b) avoidance of stackouts; c) fewer rush orders; and d) production as needed by retailers.
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Question 22

What is the method of presenting a noncontrolling interest in a consolidated balance sheet?

Correct Answer: D
A noncontrolling is classified as an equity account and separated from the equity of majority shareholders within that section.
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Question 23

Which of the following provides the best justification for reducing trade barriers among nations?

Correct Answer: D
The general effect of free trade would be to maximize world output because resources in each country would be deployed most efficiently according to the principle of comparative advantage. Comparative advantage means that a country can produce a greater output of certain goods for a given level of input than other goods. Thus, that country should specialize in and export the goods it can produce most efficiently. Total world output will increase in these circumstances.
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Question 24

Which of the following is the most effective control to prevent unauthorized entrance of a former employee of the organization?

Correct Answer: B
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Question 25

Which of the following security controls would provide the most efficient and effective authentication for customers to access these online shopping account?

Correct Answer: B
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