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IIA CIA Exam Part Three: Business Knowledge for Internal Auditing Sample Questions (Q346-Q351):

NEW QUESTION # 346
The activity that involves a trial run of a product in a typical segment of the market before proceeding to a national launch is referred to as:

A. Test marketingB. SegmentationC. PositioningD. Experimentation

Answer: A

NEW QUESTION # 347
Which of me Wowing summarizes information about the cash receipts and cash payments for a specific time period?

A. Owner's equity statementB. Balance sheetC. Income statementD. Statement of cash flows.

Answer: D

NEW QUESTION # 348
Which of the following is an element of effective negotiating?

A. Ensuring that the other party has a personal stake in the agreement.B. Focusing on interests rather than on obtaining a winning position.C. Basing the agreement on negotiating power and positioning leverage.D. Considering a few select choices during the settlement phase.

Answer: B

NEW QUESTION # 349
Which of the following describes the free trade zone in an e-commerce environment?

A. Zone where data is encrypted, users are authenticated, and user traffic is filtered.B. Zone that separates an organization's servers from outside forces.C. Area in which messages are scrutinized to determine if they are authorized.D. Area where communication and transactions occur between trusted parties.

Answer: D

NEW QUESTION # 350
Capacity overbuilding is most likely to occur when management is focused on which of the following?

A. Marketing.B. Finance.C. Production.D. Diversification.

Answer: C

NEW QUESTION # 351
......

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