Free IIA IIA-CIA-Part1 Exam Questions

Become IIA Certified with updated IIA-CIA-Part1 exam questions and correct answers

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Total 951 Questions | Updated On: Nov 19, 2024

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Question 1

The internal audit activity is planning a procurement audit and needs to obtain a thorough understanding of the subcontracting process, which can involve multiple individuals in multiple countries.

Which of the following internal audit tools would be most effective to document the process and the key controls?

A : ternal control checklist.

B : ocurement employee survey.

C : oss-functional flow chart.

D : gregation of duties matrix.

Answer: C

Question 2

Which of the following would not be a factor for senior management to consider when determining the internal audit activity's role in an organization's risk management process?

A : extent to which the internal audit activity is outsourced.

B : maturity level of risk management practices in the organization.

C : competency of the internal auditors in risk management.

D : nature of the business and the environment in which the organization operates.

Answer: A

Question 3

Which of the following best describes the most important criteria when assigning responsibility for specific tasks required in an audit engagement?

A : ditors must be given assignments based primarily upon their years of experience.

B : l auditors assigned an audit task must have the knowledge and skills necessary to complete the task satisfactorily.

C : ks must be assigned to the audit team member who is most qualified to perform them.

D : l audit team members must have the skills necessary to satisfactorily complete any task that will be required in the audit engagement.

Answer: B

Question 4

An internal auditor is gathering evidence for an organization's internal audit engagement and requests a sample of vendor invoices from the organization. Which of the following is true regarding the reliability of this evidence?

A : invoices have zero reliability.

B : invoices have low reliability.

C : invoices have medium reliability.

D : invoices have high reliability.

Answer: C

Question 5

An auditor is using audit software to check inventory accuracy. Which of the following would be an indicator of poor input edit controls?

A : gative quantities on hand.

B : tal dollar values of zero for some parts.

C : pha characters in the field for order lead time.

D : order levels set too high.

Answer: C

Page: 1 / 191

Total 951 Questions | Updated On: Nov 19, 2024

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