IIA-CIA-Part1 Exam Dumps - Essentials of Internal Auditing
Which of the following is an indicator that the organization s risk management process is effective?
When an organization purchases a derivative contract in the stock market to limit the potential loss in the value of a security, the organization is applying which of the following risk management techniques?
Which of the following survey questions would be most effective to identify ethics violations within the organization?
Which of the following describes the most appropriate match between a potential temporary guest auditor candidate and an upcoming audit assignment?
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 investigation at a multinational organization?
Prior to commencing a financial compliance engagement, the engagement supervisor reads the business plan for the finance department and meets informally with the director to learn more about any key issues. Which of the following competencies is the engagement supervisor demonstrating?
Which of the following statements best represents the duo professional care that is required of internal auditor’s?
An iniernal auditor creates a professional development plan to obtain more experience in the organization's environmental, social, and corporate governance initiatives. Which of the following would the auditor include in the plan to support these objectives?
Which of the following can be used to minimize employees’ resentment of controls?
In which of the following ways can a whistleblower hotline serve as a prevent
Which of the following is a control that is used mainly to check the integrity of data entered into a business application, whether the data is entered directly by staff, remotely by a business partner, or through a web-enabled application?
A chief audit executive (CAE) recruited a few new internal auditors to reduce the resource gaps identified in this year's internal audit plan. One of the new recruits has several years of experience with the organization. Ten months ago. she served as a senior supervisor in the finance department. However, for the past 10 months, she has been helping the organization with implementing a new IT system. What approach should the CAE take for the upcoming financial statement controls audit?
According to The IIA's Code of Ethics, an internal auditor who has a romantic relationship with an audit client violates which of the following rules of conduct?
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 been claimed?
Which of the following actions should the organization's governing body perform to provide the most effective governance over the organization's culture?
According to HA guidance, which of the following is true regarding independence and objectivity for small internal audit activities?
An internal audit team was assigned to review the organization’s information security protocol After fieldwork was completed an internal auditor identified an error in the review of security access The error could affect the overall results of the engagement Which of the following is the most appropriate course of action for the internal auditor?
A global manufacturing company has three regional offices. The chief audit executive (CAE) is concerned about the cost of an upcoming external quality assessment of the internal audit activity. The last external assessment was performed six years ago. Recently, the internal audit staff at one of the regional offices performed an internal assessment. To ensure conformance with the Standards, what is the most appropriate action for the CAE to take?
Which should the internal auditor first consider when assessing fraud risks during an engagement?
An internal auditor has documented several instances in which management asked employees to ad against the policies and procedures. Which of the following is the most appropriate next step?
Which of the following is an appropriate roe fa the internal audit activity?
Which of the following practices is generally most effective to protect internal audit objectivity?
The accounting department asked the chief audit executive (CAE) to perform a review of suspicious transactions The CAE was an accounting manager for the organization six months ago How should she respond to the request?
The chief audit executive (CAE) is drafting the annual internal audit plan and seeks input from senior management and the external auditor prior to submitting it for approval to the board. According to MA guidance, which of the following statements is true regarding this scenario?
The chief audit executive (CAE) has hired a new internal auditor who was immediately assigned to a procurement function audit. Because the new auditor's name is similar to that of the procurement manager, some staff members think the two are related, although they are not. Which of the following actions is most appropriate for the CAE to take?
An internal auditor is trying to evaluate what could go wrong after determining that a risk management technique is operating effectively. What type of risk is the auditor assessing?
Which of the following is an example of risk monitoring to ensure a system is performing as intended?
Which of the following would a chief audit executive most likely use to identify a need for improvement in a staff internal auditor's business acumen?
There is a growing perception that employees generally evade their responsibilities. What impact will an internal auditor most likely see during an engagement?
Which of the following most accurately describes corporate social responsibility at an organization?