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

Free Financial CIA-III Real Questions (page: 30)

The most important component of quality control is:

  1. Ensuring goods and services conform to the design specifications.
  2. Satisfying upper management.
  3. Conforming with ISO-9000 specifications.
  4. Determining the appropriate timing of inspections.

Answer(s): A

Explanation:

The intent of quality control is to ensure that goods and services conform to the design specifications.
Whether the focus is on feed forward, feedback, or concurrent control, the emphasis is on ensuring product or service conformity.



Management of a company is attempting to build a reputation as a world-class manufacturer of quality products.
Which of the following measures would not be used by the firm to measure quality?

  1. The percentage of shipments returned by customers because of poor quality.
  2. The number of parts shipped per day.
  3. The number of defective parts per million.
  4. The percentage of products passing quality tests the first time.

Answer(s): B

Explanation:

The number of parts shipped per day would most likely be used as a measure of the effectiveness and efficiency of shipping procedures, not the quality of the product. This measure does not consider how many of the parts are defective.



Which of the following is not an appropriate measure of quality?

  1. Market share.
  2. Delivery performance.
  3. Customer satisfaction.
  4. Raw materials costs.

Answer(s): D

Explanation:

Emphasizing lower input costs may result in more defective output, and higher input costs may or may not reflect the procurement of better raw materials. Financial measures are thus mostly unsuitable for measuring quality.



Which of the following criteria would be most useful to a sales department manager in evaluating the performance of the manager's customer-service group?

  1. The customer is always right.
  2. Customer complaints should be processed promptly
  3. Employees should maintain a positive attitude when dealing with customers.
  4. All customer inquiries should be answered within 7 days of receipt.

Answer(s): D

Explanation:

A criterion that requires all customer inquiries to be answered within 7 days of receipt permits accurate measurement of performance. The quantitative and specific nature of the appraisal using this standard avoids the vagueness, subjectivity, and personal bias that may afflict other forms of personnel evaluations.



An example of an internal nonfinancial benchmark is:

  1. The labor rate of comparably skilled employees at a major competitor's plant.
  2. The average actual cost per pound of a specific product at the company's most efficient plant.
  3. A US $50,000 limit on the cost of employee training programs at each of the company's plants.
  4. The percentage of customer orders delivered on time at the company's most efficient plant.

Answer(s): D

Explanation:

Benchmarking is a continuous evaluation of the practices of the best organizations in their class and the adaptation of processes to reflect the best of these practices. It requires analysis and measurement of key outputs against those of the best organizations. This procedure also involves identifying the underlying key actions and causes that contribute to the performance difference. The percentage of orders delivered on time at the company's most efficient plant is an example of an internal nonfinancial benchmark.



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

B
Bhavya
9/13/2023 10:15:00 AM

very usefull

R
Rahul Kumar
8/31/2023 12:30:00 PM

need certification.

D
Diran Ole
9/17/2023 5:15:00 PM

great exam prep

V
Venkata Subbarao Bandaru
6/24/2023 8:45:00 AM

i require dump

D
D
7/15/2023 1:38:00 AM

good morning, could you please upload this exam again,

A
Ann
9/15/2023 5:39:00 PM

hi can you please upload the dumps for sap contingent module. thanks

S
Sridhar
1/16/2024 9:19:00 PM

good questions

S
Summer
10/4/2023 9:57:00 PM

looking forward to the real exam

V
vv
12/2/2023 2:45:00 PM

good ones for exam preparation

D
Danny Zas
9/15/2023 4:45:00 AM

this is a good experience

S
SM 1211
10/12/2023 10:06:00 PM

hi everyone

A
A
10/2/2023 6:08:00 PM

waiting for the dump. please upload.

A
Anonymous
7/16/2023 11:05:00 AM

upload cks exam questions

J
Johan
12/13/2023 8:16:00 AM

awesome training material

P
PC
7/28/2023 3:49:00 PM

where is dump

Y
YoloStar Yoloing
10/22/2023 9:58:00 PM

q. 289 - the correct answer should be b not d, since the question asks for the most secure way to provide access to a s3 bucket (a single one), and by principle of the least privilege you should not be giving access to all buckets.

Z
Zelalem Nega
5/14/2023 12:45:00 PM

please i need if possible h12-831,

U
unknown-R
11/23/2023 7:36:00 AM

good collection of questions and solution for pl500 certification

S
Swaminathan
5/11/2023 9:59:00 AM

i would like to appear the exam.

V
Veenu
10/24/2023 6:26:00 AM

i am very happy as i cleared my comptia a+ 220-1101 exam. i studied from as it has all exam dumps and mock tests available. i got 91% on the test.

K
Karan
5/17/2023 4:26:00 AM

need this dump

R
Ramesh Kutumbaka
12/30/2023 11:17:00 PM

its really good to eventuate knowledge before appearing for the actual exam.

A
anonymous
7/20/2023 10:31:00 PM

this is great

X
Xenofon
6/26/2023 9:35:00 AM

please i want the questions to pass the exam

D
Diego
1/21/2024 8:21:00 PM

i need to pass exam

V
Vichhai
12/25/2023 3:25:00 AM

great, i appreciate it.

P
P Simon
8/25/2023 2:39:00 AM

please could you upload (isc)2 certified in cybersecurity (cc) exam questions

K
Karim
10/8/2023 8:34:00 PM

good questions, wrong answers

I
Itumeleng
1/6/2024 12:53:00 PM

im preparing for exams

M
MS
1/19/2024 2:56:00 PM

question no: 42 isnt azure vm an iaas solution? so, shouldnt the answer be "no"?

K
keylly
11/28/2023 10:10:00 AM

im study azure

D
dorcas
9/22/2023 8:08:00 AM

i need this now

T
treyf
11/9/2023 5:13:00 AM

i took the aws saa-c03 test and scored 935/1000. it has all the exam dumps and important info.

A
anonymous
1/11/2024 4:50:00 AM

good questions

AI Tutor 👋 I’m here to help!