Free IIA-CIA-Part3 Exam Braindumps

- (Exam Topic 1)
A retail organization is considering acquiring a composite textile company. The retailer's due diligence team determined the value of the textile company to be $50 million. The financial experts forecasted net present value of future cash flows to be $60 million. Experts at the textile company determined their company's market value to be $55 million if purchased by another entity. However, the textile company could earn more than $70 million from the retail organization due to synergies. Therefore, the textile company is motivated to make the negotiation successful. Which of the following approaches is most likely to result in a successful negotiation?

1. A. Develop a bargaining zone that lies between $50 million and $70 million and create sets of outcomes between $50 million and $70 million.
2. B. Adopt an added-value negotiating strategy, develop a bargaining zone between $50 million and $70 million, and create sets of outcomes between $50 million and $70 million.
3. C. Involve a mediator as a neutral party who can work with the textile company's management to determine a bargaining zone.
4. D. Develop a bargaining zone that lies between $55 million and $60 million and create sets of outcomes between $55 million and $60 million.

Correct Answer: D

- (Exam Topic 2)
What kind of strategy would be most effective for an organization to adopt in order to implement a unique advertising campaign for selling identical product lines across all of its markets?

1. A. Export strategy
2. B. Transnational strategy.
3. C. Multi-domestic strategy
4. D. Globalization strategy.

Correct Answer: C

- (Exam Topic 2)
How do data analysis technologies affect internal audit testing?

1. A. They improve the effectiveness of spot check testing techniques
2. B. They allow greater insight into high risk areas.
3. C. They reduce the overall scope of the audit engagement.
4. D. They increase the internal auditor's objectivity

Correct Answer: B

- (Exam Topic 1)
Which of the following phases of a business cycle are marked by an underuse of resources?
* 1. The trough.
* 2. The peak.
* 3. The recovery.
* 4. The recession.

1. A. 1 and 3 only
2. B. 1 and 4 only
3. C. 2 and 3 only
4. D. 2 and 4 only

Correct Answer: B

- (Exam Topic 2)
An employee frequently uses a personal smart device to send and receive work-related emails. Which of the following controls would be most effective to mitigate security risks related to these transmissions?

1. A. Hardware encryption.
2. B. Software encryption
3. C. Data encryption.
4. D. Authentication.

Correct Answer: C