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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 261

The manager of the sales department wants to Increase the organization's net profit margin by 7% (from 43% in the prior year to 50% in the current year). Given the information provided in the table below, what would be the targeted sales amount for the current year?

Correct Answer: C
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Question 262

Which of the following statements is true regarding the resolution of interpersonal conflict?

Correct Answer: B
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Question 263

Which of the following is a product cost for a manufacturing company?

Correct Answer: B
Product costs such as material, labor, and overhead attach to the product and are carried in future periods if the revenue from the product is recognized in subsequent periods.
Period costs are expensed immediately because no direct relationship between cost and revenue exists.
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Question 264

An internal auditor identified a database administrator with an incompatible dual role. Which of the following duties should not be performed by the identified administrator?

Correct Answer: C
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Question 265

Assume that each day an entity writes and receives checks totaling US $10,000. If it takes
5 days for the checks to clear and be deducted from the entity's account and only 4 days for the deposits to clear, what is the float?

Correct Answer: A
The float period is the time between when a check is written and when it clears the payer's checking account. Check float results in an interest-free loan to the payer because of the delay between payment by check and its deduction from the bank account. If checks written require one more day to clear than checks received, the net float equals one day's receipts. The entity will have free use of the money for one day_ In this case, the amount is US $10,000.
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