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  1. Home
  2. IIA Certification
  3. IIA-CIA-Part3 Exam
  4. IIA.IIA-CIA-Part3.v2025-07-07.q379 Dumps
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Question 266

Barnes Corporation expected to sell 150,000 board games during the month of November. and the company's master budget contained the following data related to the sale and production of these games:

Actual sales during November were 180.000 games. Using a flexible budget, the company expects the operating income for the month of November to be:

Correct Answer: C
Revenue of US $2,400,000 reflects a unit selling price of US $16 $2.400,000 150.000 games). The contribution margin is US $975,000, or US $6.50 per game $975,000 150,000 games). Thus, unit variable cost is US $9.50 $16 - $6.50). Increasing sales will result in an increased contribution margin of US $195,000 30,000 x $6.50). Assuming no additional fixed costs, net income will increase to US $420,000 $225,000 originally reported +$195,000).
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Question 267

An internal auditor is using data analytics to locus on high-risk areas during an engagement. The auditor has obtained data and is working to eliminate redundancies in the dat a. Which of me following statements is true regarding this scenario?

Correct Answer: A
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Question 268

In which product-mix pricing strategy is it appropriate for the seller to accept any price that exceeds the storage and delivery costs for the product?

Correct Answer: A
A by-product is a product of relatively minor importance generated during the production of one or more other products. Its production entails no additional costs. Any amount received above the storage and delivery costs for a by-product allows the seller to reduce the main product's price to make it more competitive.
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Question 269

According to Porter, which of the following is associated with fragmented industries?

Correct Answer: B
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Question 270

Refer to the exhibit.

If the profit margin of an organization decreases, and all else remains equal, which of the following describes how the "Funds Needed" line in the graph below will shift?

Correct Answer: C
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