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IIA-CIA-PART4 Exam Questions & Answers

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IIA-CIA-PART4 Exam Questions & Answers

Vendor: IIA

Certifications: Certified Internal

Exam Code: IIA-CIA-PART4

Exam Name: Certified Internal Auditor - Part 4, Business Management Skills

Updated: Jun 21, 2022

Q&As: 535

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IIA-CIA-PART4 Online Practice Questions and Answers

Questions 1

While auditing a marketing department, the internal auditor discovered that the product life cycle model was used to structure the marketing mix. The manager has asked the auditor for advice about increasing advertising of various products. During which stage of the life cycle would it be appropriate to advertise that the company's product is the lowest price and best quality of all competitors?

A. Introduction stage.

B. Growth stage.

C. Maturity stage.

D. Decline stage.

Show Answer
Questions 2

Which of the following leadership types is best known as an agent of change?

A. Participative leader.

B. Traitist leader.

C. Transformational leader.

D. Free-rein leader.

Show Answer
Questions 3

A company's compensation program does not allow for salary increases based onabove averageperformance after an employee reaches the top of a position's salary range. It also pays some employees higher salaries because of their educational qualifications. This company could improve the program by:

A. Allowing each manager to set up his or her own system of salary increases.

B. Providing only monetary compensation.

C. Developing a system that equates years of experience with education.

D. Decreasing the annual percentage increase in each salary range.

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