Curious about Actual IIA Certified Internal Auditor (IIA-CIA-Part1) Exam Questions?

Here are sample IIA Certified Internal Auditor (IIA-CIA-Part1) Exam questions from real exam. You can get more IIA Certified Internal Auditor (IIA-CIA-Part1) Exam premium practice questions at TestInsights.

Page: 1 /
Total 757 questions

Want more questions? Get Premium Access.

Question 1

Management of an area under review is aggressive, upset, and questioning the knowledge and experience of the organization's internal auditors, as the audit results highlight critical findings. The relationship between the internal audit activity and management has continued to degenerate. as previous audit reports also showed a large number of issues. What would be the best strategy for working through the current audit results while also attempting to repair the relationship with management?

ATake an accommodating approach and change the overall rating of the audit report.

BTake a compromising approach by modifying the tone of the report, while maintaining the critical findings.

CTake an assertive approach and be persistent in attempting to convince the director.

DTake an assisting approach and offer to assist with the implementation of action plans.

Correct : C

Options Selected by Other Users:

Mark Question:

Start a Discussions

Submit Your Answer:

ATake an accommodating approach and change the overall rating of the audit report.

BTake a compromising approach by modifying the tone of the report, while maintaining the critical findings.

CTake an assertive approach and be persistent in attempting to convince the director.

DTake an assisting approach and offer to assist with the implementation of action plans.

0 / 1500

Question 2

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?

AAssign the new auditor to assist with conducting the fieldwork. but ensure that her work is reviewed by the CAE.

BAssign the new auditor to assist with developing the audit program, but ensure that the audit program is executed by other audit staff.

CEnsure that the new auditor's previous manager, and other close former coworkers, are excused during the audit.

DEnsure that the new auditor is responsible only for the supervisory review, but not the execution of the audit field work.

Correct : C

Options Selected by Other Users:

Mark Question:

Start a Discussions

Submit Your Answer:

AAssign the new auditor to assist with conducting the fieldwork. but ensure that her work is reviewed by the CAE.

BAssign the new auditor to assist with developing the audit program, but ensure that the audit program is executed by other audit staff.

CEnsure that the new auditor's previous manager, and other close former coworkers, are excused during the audit.

DEnsure that the new auditor is responsible only for the supervisory review, but not the execution of the audit field work.

0 / 1500

Question 3

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?

AThe CAE's actions are likely to impair the Independence of the internal audit activity.

BThe CAE acted appropriately, and the independence of the internal audit activity was not impaired.

CThe CAE should have developed the audit plan without outside influence to maintain objectivity.

DThe CAE acted appropriately, as he has authority to determine who reviews and approves the audit plan.

Correct : B

Options Selected by Other Users:

Mark Question:

Start a Discussions

Submit Your Answer:

AThe CAE's actions are likely to impair the Independence of the internal audit activity.

BThe CAE acted appropriately, and the independence of the internal audit activity was not impaired.

CThe CAE should have developed the audit plan without outside influence to maintain objectivity.

DThe CAE acted appropriately, as he has authority to determine who reviews and approves the audit plan.

0 / 1500

Question 4

According to IIA guidance, which policy, established by the chief audit executive, would most likely ensure internal audits are conducted with due professional care?

AThe initial review of workpapers should be conducted after the final engagement report is issued.

BIndependent internal assessments of the internal audit activity should be performed by entry-level staff as part of on-the-job training.

CInternal audit staff should be informed regularly of changes to policies and procedures.

DTraining documents should be destroyed at the end of the year to create space for the next year's training documents.

Correct : C

Options Selected by Other Users:

Mark Question:

Start a Discussions

Submit Your Answer:

AThe initial review of workpapers should be conducted after the final engagement report is issued.

BIndependent internal assessments of the internal audit activity should be performed by entry-level staff as part of on-the-job training.

CInternal audit staff should be informed regularly of changes to policies and procedures.

DTraining documents should be destroyed at the end of the year to create space for the next year's training documents.

0 / 1500

Question 5

Which of the following best describes the role of internal control frameworks?

AThey outline specific internal controls for an organization to implement to ensure business objectives will be achieved.

BThey provide guidance related to internal control design and implementation to assist with the evaluation and benchmarking of business practices.

CThey serve as a list of appropriate internal controls for auditors to ensure an organization is using best practices.

DThey serve as a template for identifying standardized best practices in effective risk management across industries and countries.

Correct : B

Options Selected by Other Users:

Mark Question:

Start a Discussions

Submit Your Answer:

AThey outline specific internal controls for an organization to implement to ensure business objectives will be achieved.

BThey provide guidance related to internal control design and implementation to assist with the evaluation and benchmarking of business practices.

CThey serve as a list of appropriate internal controls for auditors to ensure an organization is using best practices.

DThey serve as a template for identifying standardized best practices in effective risk management across industries and countries.

0 / 1500

Page: 1 / 152
Total 757 questions

Unlock Full
IIA-CIA-Part1 Exam Features

In Just $49 You can Access

All Official Question Types
Interactive Web-Based Practice Test Software
No Installation or 3rd Party Software Required
Customize your practice sessions (Free Demo)
24/7 Customer Support

Get Full Access Now

Marked Questions
IIA-CIA-Part1 Exam

IIA-CIA-Part1 Exam Question 1
IIA-CIA-Part1 Exam Question 2
IIA-CIA-Part1 Exam Question 3
IIA-CIA-Part1 Exam Question 4
IIA-CIA-Part1 Exam Question 5

Download PDF File Demo

Try Web-Based Exam Practice Software Demo

Commenting

In order to participate in the comments you need to be logged-in.
You can sign-up or login