Financial The Certified Internal Auditor Part 3 CIA-III Dumps in PDF

Free Financial CIA-III Real Questions (page: 19)

A large fishing operation has information on the interval, time, and probabilities of shrimp schools staying beneath their fishing boats. In order to use this information to predict when and where to send their boats, which of the following techniques should be used?

  1. Simulation.
  2. Least squares.
  3. Queuing theory.
  4. Exponential smoothing.

Answer(s): A

Explanation:

Simulation is a technique for experimenting with logical and mathematical models using a computer. Because of the behavior of the many variables involved and the complexity of their interactions, many problems cannot be solved using simple algebraic formulas. The availability of computer spreadsheets makes the construction of simulation models a practical alternative for all entities.



A cost-volume-profit model developed in a dynamic environment determined that the estimated parameters used may vary between limits. Subsequent testing of the model with respect to all possible values of the estimated parameters is termed:

  1. A sensitivity analysis.
  2. Statistical estimation.
  3. Statistical hypothesis testing.
  4. A time-series study.

Answer(s): A

Explanation:

After a problem has been formulated into any mathematical model, it may be subjected to sensitivity analysis. Sensitivity analysis examines how the model's outcomes change as the parameters change.



A company is deciding whether to purchase an automated machine to manufacture one of its products. Expected net cash flows from this decision depend on several factors, interactions among those factors, and the probabilities associated with different levels of those factors. The method that the company should use to evaluate the distribution of net cash flows from this decision and changes in net cash flows resulting from changes in levels of various factors is:

  1. Simulation and sensitivity analysis.
  2. Linear programming.
  3. Correlation analysis.
  4. Differential analysis.

Answer(s): A

Explanation:

Simulation is a technique for experimenting with logical and mathematical models using a computer. Sensitivity analysis examines how the model's outcomes change as the parameters change.



In forecasting purchases of inventory for a firm, all of the following are useful except

  1. Knowledge of the behavior of business cycles.
  2. Internal allocations of costs to different segments of the firm.
  3. Information on the seasonal variations in demand.
  4. Econometric modeling.

Answer(s): B

Explanation:

Internal allocations of costs relate to costs already incurred, that is. to sunk costs. Sunk costs are not relevant to decision making, for example, to forecasting future purchases.



A widely used approach that managers use to recognize uncertainty about individual items and to obtain an immediate financial estimate of the consequences of possible prediction errors is:

  1. Expected value analysis.
  2. Learning curve analysis.
  3. Sensitivity analysis.
  4. Regression analysis.

Answer(s): C

Explanation:

After a problem has been formulated into any mathematical model, it may be subjected to sensitivity analysis. Sensitivity analysis examines how the model's outcomes change as the parameters change.



Share your comments for Financial CIA-III exam with other users:

B
B.Khan
4/19/2022 9:43:00 PM

the buy 1 get 1 is a great deal. so far i have only gone over exam. it looks promissing. i report back once i write my exam.

G
Ganesh
12/24/2023 11:56:00 PM

is this dump good

A
Albin
10/13/2023 12:37:00 AM

good ................

P
Passed
1/16/2022 9:40:00 AM

passed

H
Harsh
6/12/2023 1:43:00 PM

yes going good

S
Salesforce consultant
1/2/2024 1:32:00 PM

good questions for practice

R
Ridima
9/12/2023 4:18:00 AM

need dump and sap notes for c_s4cpr_2308 - sap certified application associate - sap s/4hana cloud, public edition - sourcing and procurement

T
Tanvi Rajput
10/6/2023 6:50:00 AM

question 11: d i personally feel some answers are wrong.

A
Anil
7/18/2023 9:38:00 AM

nice questions

C
Chris
8/26/2023 1:10:00 AM

looking for c1000-158: ibm cloud technical advocate v4 questions

S
sachin
6/27/2023 1:22:00 PM

can you share the pdf

B
Blessious Phiri
8/13/2023 10:26:00 AM

admin ii is real technical stuff

L
Luis Manuel
7/13/2023 9:30:00 PM

could you post the link

V
vijendra
8/18/2023 7:54:00 AM

hello send me dumps

S
Simeneh
7/9/2023 8:46:00 AM

it is very nice

J
john
11/16/2023 5:13:00 PM

i gave the amazon dva-c02 tests today and passed. very helpful.

T
Tao
11/20/2023 8:53:00 AM

there is an incorrect word in the problem statement. for example, in question 1, there is the word "speci c". this is "specific. in the other question, there is the word "noti cation". this is "notification. these mistakes make this site difficult for me to use.

P
patricks
10/24/2023 6:02:00 AM

passed my az-120 certification exam today with 90% marks. studied using the dumps highly recommended to all.

A
Ananya
9/14/2023 5:17:00 AM

i need it, plz make it available

J
JM
12/19/2023 2:41:00 PM

q47: intrusion prevention system is the correct answer, not patch management. by definition, there are no patches available for a zero-day vulnerability. the way to prevent an attacker from exploiting a zero-day vulnerability is to use an ips.

R
Ronke
8/18/2023 10:39:00 AM

this is simple but tiugh as well

C
CesarPA
7/12/2023 10:36:00 PM

questão 4, segundo meu compilador local e o site https://www.jdoodle.com/online-java-compiler/, a resposta correta é "c" !

J
Jeya
9/13/2023 7:50:00 AM

its very useful

T
Tracy
10/24/2023 6:28:00 AM

i mastered my skills and aced the comptia 220-1102 exam with a score of 920/1000. i give the credit to for my success.

J
James
8/17/2023 4:33:00 PM

real questions

A
Aderonke
10/23/2023 1:07:00 PM

very helpful assessments

S
Simmi
8/24/2023 7:25:00 AM

hi there, i would like to get dumps for this exam

J
johnson
10/24/2023 5:47:00 AM

i studied for the microsoft azure az-204 exam through it has 100% real questions available for practice along with various mock tests. i scored 900/1000.

M
Manas
9/9/2023 1:48:00 AM

please upload 1z0-1072-23 exam dups

S
SB
9/12/2023 5:15:00 AM

i was hoping if you could please share the pdf as i’m currently preparing to give the exam.

J
Jagjit
8/26/2023 5:01:00 PM

i am looking for oracle 1z0-116 exam

S
S Mallik
11/27/2023 12:32:00 AM

where we can get the answer to the questions

P
PiPi Li
12/12/2023 8:32:00 PM

nice questions

D
Dan
8/10/2023 4:19:00 PM

question 129 is completely wrong.

AI Tutor 👋 I’m here to help!