IIA Certified Internal Auditor - Part 3, Business Analysis and Information Technology IIA-CIA-Part3 Exam Questions in PDF

Free IIA IIA-CIA-Part3 Dumps Questions (page: 4)

Listed below are selected line items from the cost-of-quality report for Company B for last month Category:


What is Company B's total prevention and appraisal cost for last month?

  1. US$786
  2. US$1,154
  3. US$1,940
  4. US$2,665

Answer(s): C

Explanation:

Answer C is correct. Prevention costs are incurred to prevent defects from occurring. An example is equipment maintenance. Appraisal costs are incurred to detect defective output during and after the production process. An example is product testing. Thus, total prevention and appraisal cost for the month equals US $1,940 (US$1,154 + US $786).



All of the following are generally included in a cost-of-quality report except:

  1. Warranty claims.
  2. Design engineering.
  3. Supplier evaluations.
  4. Lost contribution margin.

Answer(s): D

Explanation:

A cost-of-quality report includes most costs related to quality, specifically the costs of prevention, appraisal, internal failure, and external failure.



In Year 2, a manufacturing company instituted a total quality management (TQM) program producing the following report:

On the basis of this report, which one of the following statements is most likely true?

  1. An increase in prevention and appraisal costs resulted in a higher quality product and therefore resulted in a decrease in failure costs.
  2. An increase in inspection costs was solely responsible for the decrease in quality costs.
  3. Quality costs, such as scrap and rework, decreased by 48%.
  4. Quality costs, such as returns and repairs under warranty, decreased by 40%.

Answer(s): A

Explanation:

Answer A is correct. Prevention and appraisal costs increased substantially, but internal and external failure costs decreased. Thus, the soundest conclusion is that the increase in prevention and appraisal costs resulted in a higher-quality product.



Quality cost indices are often used to measure and analyze the cost of maintaining a given level of quality. One example of a quality cost index, which uses a direct labor base, is computed as:


Based upon these cost data, the quality cost index:

  1. Decreased four points from May to June.
  2. Was unchanged from May to June.
  3. Increased 10 points from May to June.
  4. Decreased 10 points from May to June.

Answer(s): A

Explanation:

The index for May was 40 [(US $4,000 + $6,000 + $12,000 + $14,000) + $90,000], and the index for June was 36 [(US $5,000 + $5,000 + $15,000 + $11.000) + $100,000].



Quality cost indices are often used to measure and analyze the cost of maintaining or improving the level of quality. Such indices are computed by dividing the total cost of quality over a given period by some measure of activity during that period (for example, sales dollars). The following cost data are available for a company for the month of March. The company's quality cost index is calculated using total cost of quality divided by sales dollars.



The quality cost index for March is:

  1. 7.5
  2. 6.5
  3. 22.0
  4. 5.9

Answer(s): A

Explanation:

The total cost of quality equals the sum of prevention costs (quality planning), appraisal costs (inspection and testing), internal failure costs (scrap and rework), and external failure costs (customer complaints and returns), or US $30,000 ($2,800 + $6,400 + $16,800 + $4,000). Thus, the quality cost index for March is 7.5 [(US $30,000 - US $400,000) x 100].



Share your comments for IIA IIA-CIA-Part3 exam with other users:

A
A.K.
6/30/2023 6:34:00 AM

cosmos db is paas not saas

S
S Roychowdhury
6/26/2023 5:27:00 PM

what is the percentage of common questions in gcp exam compared to 197 dump questions? are they 100% matching with real gcp exam?

B
Bella
7/22/2023 2:05:00 AM

not able to see questions

S
Scott
9/8/2023 7:19:00 AM

by far one of the best sites for free questions. i have pass 2 exams with the help of this website.

D
donald
8/19/2023 11:05:00 AM

excellent question bank.

A
Ashwini
8/22/2023 5:13:00 AM

it really helped

S
sk
5/13/2023 2:07:00 AM

excelent material

C
Christopher
9/5/2022 10:54:00 PM

the new versoin of this exam which i downloaded has all the latest questions from the exam. i only saw 3 new questions in the exam which was not in this dump.

S
Sam
9/7/2023 6:51:00 AM

question 8 - can cloudtrail be used for storing jobs? based on aws - aws cloudtrail is used for governance, compliance and investigating api usage across all of our aws accounts. every action that is taken by a user or script is an api call so this is logged to [aws] cloudtrail. something seems incorrect here.

T
Tanvi Rajput
8/14/2023 10:55:00 AM

question 13 tda - c01 answer : quick table calculation -> percentage of total , compute using table down

P
PMSAGAR
9/19/2023 2:48:00 AM

pls share teh dump

Z
zazza
6/16/2023 10:47:00 AM

question 44 answer is user risk

P
Prasana
6/23/2023 1:59:00 AM

please post the questions for preparation

T
test user
9/24/2023 3:15:00 AM

thanks for the questions

D
Draco
7/19/2023 5:34:00 AM

please reopen it now ..its really urgent

M
Megan
4/14/2023 5:08:00 PM

these practice exam questions were exactly what i needed. the variety of questions and the realistic exam-like environment they created helped me assess my strengths and weaknesses. i felt more confident and well-prepared on exam day, and i owe it to this exam dumps!

A
abdo casa
8/9/2023 6:10:00 PM

thank u it very instructuf

D
Danny
1/15/2024 9:10:00 AM

its helpful?

H
hanaa
10/3/2023 6:57:00 PM

is this dump still valid???

G
Georgio
1/19/2024 8:15:00 AM

question 205 answer is b

M
Matthew Dievendorf
5/30/2023 9:37:00 PM

question 39, should be answer b, directions stated is being sudneted from /21 to a /23. a /23 has 512 ips so 510 hosts. and can make 4 subnets out of the /21

A
Adhithya
8/11/2022 12:27:00 AM

beautiful test engine software and very helpful. questions are same as in the real exam. i passed my paper.

S
SuckerPumch88
4/25/2022 10:24:00 AM

the questions are exactly the same in real exam. just make sure not to answer all them correct or else they suspect you are cheating.

S
soheib
7/24/2023 7:05:00 PM

question: 78 the right answer i think is d not a

S
srija
8/14/2023 8:53:00 AM

very helpful

T
Thembelani
5/30/2023 2:17:00 AM

i am writing this exam tomorrow and have dumps

A
Anita
10/1/2023 4:11:00 PM

can i have the icdl excel exam

B
Ben
9/9/2023 7:35:00 AM

please upload it

A
anonymous
9/20/2023 11:27:00 PM

hye when will post again the past year question for this h13-311_v3 part since i have to for my test tommorow…thank you very much

R
Randall
9/28/2023 8:25:00 PM

on question 22, option b-once per session is also valid.

T
Tshegofatso
8/28/2023 11:51:00 AM

this website is very helpful

P
philly
9/18/2023 2:40:00 PM

its my first time exam

B
Beexam
9/4/2023 9:06:00 PM

correct answers are device configuration-enable the automatic installation of webview2 runtime. & policy management- prevent users from submitting feedback.

R
RAWI
7/9/2023 4:54:00 AM

is this dump still valid? today is 9-july-2023

AI Tutor 👋 I’m here to help!