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Home > IIA > IIA Certifications > IIA-CIA-PART4
IIA IIA-CIA-PART4  Exam Questions & Answers
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IIA IIA-CIA-PART4 Exam Questions & Answers


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  • Vendor: IIA

    Exam Code: IIA-CIA-PART4

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

    Certification Provider: IIA

    Total Questions: 535 Q&A

    Updated on: Jul 01, 2026

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IIA-CIA-PART4 Online Practice Questions and Answers

Questions 1

According to Arthur D Little, a competitor firm that can act independently and sustain itslong-termstatus irrespective of the behavior of others holds which of the following competitive positions?

A. A dominant position.

B. A strong position.

C. A favorable position.

D. A tenable position.

Show Answer

Correct Answer: B

Evaluating a competitor's market position is necessary to judge how and whether to challenge it. A firm in a strong competitive position can act independently and sustain its long-term status irrespective of the behavior of others.

Questions 2

Ina product's life cycle, the first symptom of the decline stage is a decline in the

A. Firm's inventory levels.

B. Product's sales.

C. Product's production cost.

D. Product's prices.

Show Answer

Correct Answer: B

The sales of most product types and brands eventually decrease permanently. This decline may be slow or rapid. This first symptom of the decline stage of a product's life cycle triggers such other effects as price cutting, narrowing of the product line, and reduction in promotion budgets.

Questions 3

If a supervisor uses a supportive management approach, evidenced by positive feelings and concern for subordinates, a problem might result because:

A. An approach based on pure power makes it difficult to motivate staff.

B. This approach depends on material rewards for the worker.

C. This approach depends on people who want to work, grow, and achieve.

D. The manager must believe in the teamwork approach.

Show Answer More Questions

Correct Answer: C

Supportive management techniques orient workers toward performance rather than obedience or happiness. The leader should have positive feelings for his or her employees and should attempt to encourage participation and involvement. This approach is effective when used with employees who are motivated to work, improve themselves and their abilities, and accomplish goals.

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