IIA-CIA-PART1 Exam Questions

In a small company with a small budget, the board and senior management asked the chief audit executive (CAE) to develop specific controls prompted by a new regulatory requirement...

Which of the following statements is true regarding how the scope of a consulting engagement should be established?

During the planning stage of an assurance engagement, a payroll clerk informed the internal auditor that he is often asked to add new employees to the payroll without any formal ne...

During engagement planning, an internal auditor determines that the cost of a certain test outweighs the benefit that can be expected from the results. He determines that this test...

Which of the following actions by the internal audit activity requires disclosure to the board of nonconformance with the Standards?

According to IIA guidance, which of the following most appropriately justifies the CEO's decision that the internal audit activity shall be responsible for risk management and inve...

According to IIA guidance, which of the following corporate social responsibility (CSR) evaluation activities may be performed by the internal audit activity? 1. Consult on CSR pro...

The internal audit activity is undergoing a self-assessment as part of its quality assurance and improvement program Which of the following observations must be addressed in order...

Which of the following is the internal audit activity expected to do with respect to the organization's governance processes?

Wi ch of the following circumstances would most likely be considered a potential red flag for fraud by the internal audit activity?

Which of the following is the most appropriate way to ensure that a newly formed internal audit activity remains free from undue influence by management?

The largest risks facing an organization should be mitigated by which type of controls?

Which of the following accurately describes the concept of inherent risk?

Which of the following statements best represents the duo professional care that is required of internal auditor's?

Which of the following practices, applied by the chief audit executive {CAE), most likely indicates an effective continuing professional educational program for the internal audit...

A risk assessment showed that the cost of addressing a particular risk in the organization's human resources department is greater than the perceived benefit. Which risk response a...

An engagement supervisor notes that an internal auditor usually documents and submits draft audit reports for review without giving the process owners the opportunity to state thei...

A telecommunications organization is planning to cease operations in one or the markets in which it operates due to increasing volatility and uncertainties. Which of the following...

The internal audit activity is responsible for conducting fraud investigations. A potential fraud instance was identified during an audit engagement. The chief audit executive appo...

The chief audit executive (CAE) has decided to outsource an audit of the organization's cloud governance in the annual audit plan. Why would the CAE outsource this audit?

Which of the following offers the feast evidence that the internal audit activity has achieved organizational independence?

In addition to her internal audit activity responsibilities, the chief audit executive has been asked to oversee the organization's insurance function. Which of the following respo...

The collaborating style for conflict resolution, where the parties promote assertiveness and work together to develop a mutually beneficial solution, is best used in which of the f...

An internal auditor at a multinational organization is reviewing the effectiveness of the organization's risk management framework. In this scenario, which of the following stateme...

During an audit engagement of a large retail store, internal auditors noted significant discrepancies between available inventory and sales and suspect an abuse of cash register re...

An internal auditor believes that the internal audit activity's independence is impaired. Which of the following actions should the internal auditor take first?

An internal auditor is finalizing an audit report on the effectiveness of the organization's overall system of internal control. Several audit tests were performed, and the only is...

An internal auditor believes that a weakness exists in the control environment relating to the delegation of authority and responsibility within the management structure. Which of...

Which of the following describes the most appropriate match between a potential temporary guest auditor candidate and an upcoming audit assignment?

Which of the following describes a primary responsibility for the internal audit activity in helping management maintain effective controls?

Which of the following techniques should an internal auditor use in order to conduct an effective interview?

A chief audit executive (CAE) was asked by senior management to establish and manage a risk management function. A new chief risk officer was hired a year later to assume these res...

An internal auditor is reviewing employee travel expenses from the previous six months for fraud. Which of the following tests would best detect instances where personal travel has...

Which of the following is most likely to impair the internal audit activity's independence?

The accounting department asked the chief audit executive (CAE) to perform a review of suspicious she respond to the request?

Which of the following most accurately describes corporate social responsibility at an organization?

An existing Internal audit charter is currently under review for revision. Who is responsible for assuring that all required components are included?

In a small organization, management is unable to achieve adequate segregation of duties for its cash- handling procedures Therefore hidden surveillance cameras were installed to mo...

Which of the following best describes why a chief audit executive might obtain the services of a fraud specialist to assist in a major fraud investigation'?

Which of the following internal control components has COSO identified as the most important?

An Internal auditor accepted a role as an engagement supervisor on a highly specialized and technical engagement for which she did not have the expertise. Which of the following fu...

Which of the following statements is true regarding a key difference between assurance and consulting services provided by the internal audit activity?

Which of the following best demonstrates organizational independence of the internal audit activity?

During an audit of company expenses, the internal auditor performed a test using data analytics and identified a violation of the company's expenses policy. The auditor who discove...

Which of the following statements is true regarding reporting results of the quality assurance and improvement program to senior management and the board?

Which of the following actions best demonstrates an internal auditor exercising due professional care?

The internal audit activity was denied access to expenditure and budget reports because they were considered to be confidential. This situation would result in which of the followi...

According to IIA guidance, which of the following is ultimately responsible for seeing that the internal control system of an organization's social responsibility program is effect...

Which of the following would best describe a control implemented to detect cash register disbursement fraud in a large retail store?

An internal auditor in a busy internal audit activity reviews her continuing professional development records toward the end of the year and is concerned to find she has undertaken...