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  1. Home
  2. IIA Certification
  3. IIA-CIA-Part3 Exam
  4. IIA.IIA-CIA-Part3.v2025-10-13.q454 Dumps
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Question 126

According to Herzberg's Two-Factor Theory of Motivation, which of the following is a factor mentioned most often by satisfied employees?

Correct Answer: B
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Question 127

When making a cost-time trade-off in CPM analysis, the first activity that should be crashed is the activity:

Correct Answer: D
When making a cost-time trade-off, the first activity to be crashed (have its completion time accelerated) is one on the critical path. To select an activity on another path would not reduce the total time of completion. The initial activity chosen should be the one with the completion time that can be accelerated at the lowest possible cost per unit of time saved.
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Question 128

A seller's price is below an appropriate measure of casts. Moreover, the seller has a reasonable prospect of recovering the resulting loss in the future through higher prices or a greater market share. Accordingly, the seller has engaged in:

Correct Answer: C
Predatory pricing is intentionally pricing below cost to eliminate competition and reduce supply. Federal statutes and many state laws prohibit the practice. The U.S. Supreme Court has held that pricing is predatory when two conditions are met: 1) the seller's price is below an appropriate measure of its costs," and 2) it has a reasonable prospect of
recovering the resulting IOSS through higher prices or greater market share.
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Question 129

During the last year, an organization had an opening inventory of $300,000, purchases of $980,000, sales of
$1,850,000, and a gross margin of 40 percent. What is the closing inventory if the periodic inventory system is used?

Correct Answer: A
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Question 130

Three commonly employed systems for product costing are termed job-order costing operations costing, and process costing. Match the type of production environment with the costing method used.

Correct Answer: A
Job-order costing is appropriate when producing products with individual characteristics and/or when identifiable groupings are possible. Process costing should be used to assign costs to similar products that are mass produced on a continuous basis. Operations costing is a hybrid of job order and process costing systems. It is used by companies that manufacture goods that undergo same similar and some dissimilar processes. Thus, job order costing would be appropriate for auto repair, operations costing for clothing manufacturing, and process costing for oil refining.
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