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  • Exam Code: IIA-CIA-Part1
  • Exam Name: Essentials of Internal Auditing
  • Version: V17.95
  • Q & A: 400 Questions and Answers
  • PDF Price: $51.98

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  • Exam Code: IIA-CIA-Part1
  • Exam Name: Essentials of Internal Auditing
  • Version: V17.95
  • Q & A: 400 Questions and Answers
  • PDF Version + PC Test Engine + Online Test Engine
  • Value Pack Total: $103.96  $66.98
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  • Exam Code: IIA-CIA-Part1
  • Exam Name: Essentials of Internal Auditing
  • Version: V17.95
  • Q & A: 400 Questions and Answers
  • Software Price: $51.98
  • Testing Engine

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NEW QUESTION: 1
Section A (1 Mark)
We try to avoid actions that confirm that we have made mistakes. Which of the following is most likely consistent with this bias?
A. None of the Above
B. Regret Theory
C. Prospect Theory
D. Attribution Theory
Answer: B

NEW QUESTION: 2
Make-or-buy decisions measure the costs of both options. What are the two options?
A. Direct ar|d Indirect
B. Tactical and Strategic
C. 0n|y Tactical
D. Management and Project
Answer: A
Explanation:
Make-or-buy decisions measure the costs of both options. When doing this analysis, it should include both direct and indirect costs so that the final decision is based on comparisons that are equal.

NEW QUESTION: 3
The close project or phase process addresses actions and activities concerning all of the following EXCEPT______________.
A. Documentation that completed deliverables have been accepted
B. Review of the project and/or phase information for potential future use
C. Stakeholder approval that the project has meet their requirements
D. Completion or exit criteria for the project or phase have been met
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Documentation that the completed deliverables have been accepted is prepared as an output of validate scope. The close project or phase procedures provides a listing of necessary activities, including:
confirmation that the project has met sponsor, customer, and other stakeholder requirements; satisfaction and validation that the completion and exit criteria have been met; the transfer of deliverables to the next phase or to production/operations has been accomplished; and activities to collect, audit, and archive project information and gather lessons learned have been addressed.

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