Free IIA IIA-CIA-Part1 Exam Dumps Questions & Answers

Which of the following best describes the approach the internal audit activity should take to assess and make appropriate recommendations to improve the organization?

• A.  To evaluate how an organization ensures effective performance management and accountability internal auditors should review previously conducted risk assessments
• B.  To determine how an organization provides oversight of its risk management and control activities internal auditors should review board meeting minutes and the board policy manual
• C.  To assess how an organization promotes ethics and values both internally and among its external business partners, internal auditors should review the organization ' s related objectives programs and activities
• D.  To evaluate an organization s governance processes for making strategic and operational decisions eternal auditors should review the organization s policies and processes related to staff compensation

The internal audit activity is performing an assessment of an organization ' s ethics program, and the engagement scope specifies a focus on the training program ' s design. According to IIA guidance, which of the following questions would be the most relevant?
1. Does the training include situations that require an ethical decision?
2. What percentage of employees have taken the training?
3. What are the results of the employee assessment of the organization ' s ethical climate?
4. Does the instructor provide feedback on the thought process to reach an ethical resolution?

• A.  1 and 4.
• B.  3 and 4.
• C.  2 and 3.
• D.  1 and 2.

The chief audit executive (CAE) has assigned an internal auditor to an upcoming engagement. Which of the following requirements would most likely indicate that the internal auditor was assigned to an assurance engagement?

• A.  The assigned internal auditor must determine the objectives, scope, and techniques of the engagement.
• B.  The assigned internal auditor must not assume management responsibilities while performing the engagement
• C.  The CAE must personally obtain the needed skills, knowledge, or other competencies if the internal auditor does not have them.
• D.  The assigned internal auditor must maintain objectivity while performing the engagement.

According to ISO 31000, which of the following statements is correct?

• A.  The internal audit activity can give objective assurance on any part of the risk management framework for which it is responsible.
• B.  The internal audit activity will provide assurance over operating effectiveness but not over the design of risk management activities,
• C.  The framework is designed to be effective for organizations no matter how small.
• D.  The board is responsible for setting the organizational attitude through tone at the top,

The internal auditor of a small manufacturer noted that the accounting department has insufficient staff to achieve proper segregation of duties. What type of controls would the auditor likely recommend to management to specifically address this problem?

• A.  Preventive.
• B.  Compensating.
• C.  Directive.
• D.  Entity-level.