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Exam IIA-CIA-Part3 All Questions

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Exam IIA-CIA-Part3 topic 2 question 83 discussion

Actual exam question from IIA's IIA-CIA-Part3
Question #: 83
Topic #: 2
[All IIA-CIA-Part3 Questions]

During which phase of the contracting process are contracts drafted for a proposed business activity?

  • A. Initiation phase.
  • B. Bidding phase.
  • C. Development phase.
  • D. Management phase.
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Suggested Answer: A 🗳️

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emtofid
1 month, 2 weeks ago
Selected Answer: C
In the contracting process, contracts are typically drafted during the Development phase. This phase involves creating the initial contract document, outlining the terms and conditions of the proposed business activity.
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