Iia freetechexam full Access Iia-cia-part3-3p Tutorials by Haider q488 vce pdf

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Exam Name:	CIA Exam Part Three: Business Knowledge for Internal Auditing
Exam Code:	IIA-CIA-Part3-3P Dumps
Vendor:	IIA	Certification:	CIA
Questions:	488 Q&A's	Shared By:	haider

Question 32

Which of the following costs would be incurred in an inventory stockout?

Options:

Lost sales, lost customers, and backorder.

Lost sales, safety stock, and backorder.

Lost customers, safety stock, and backorder.

Lost sales, lost customers, and safety stock.

Discussion

Question 33

A small furniture-manufacturing firm with 100 employees is located in a two-story building and does not plan to expand. The furniture manufactured is not special-ordered or custom-made. The most likely structure for this organization would be:

Options:

Functional departmentalization.

Product departmentalization.

Matrix organization.

Divisional organization.

Discussion

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Question 34

What must be monitored in order to manage risk of consumer product inventory obsolescence?

1) Inventory balances.

2) Market share forecasts.

3) Sales returns.

4) Sales trends.