Free IIA IIA-CRMA-ADV Exam Questions

Become IIA Certified with updated IIA-CRMA-ADV exam questions and correct answers

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Total 283 Questions | Updated On: Apr 16, 2026

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Question 1

An internal audit charter, approved by the board, restricts the internal audit activity to providing assurance only on the reliability of financial information and the effectiveness of internal accounting controls. Which of the following statements is true regarding the extent to which the external auditor may rely on the internal audit activity's work?

A : external auditor may make full use of the work, as the audit charter is very specific as to the work the internal audit activity may undertake.

B : external auditor may use the work, as the board has approved the charter, thus taking responsibility for any deficiencies.

C : external auditor must disregard the work, as the scope of the charter may introduce bias and result in a lack of due professional care.

D : external auditor may use the work with caution, due to the internal audit activity's scope and responsibility restrictions.

Answer: D

Question 2

According to the HA Code of Ethics, which of the following statements best describes the principle of competency?

A : ternal auditors shall perform their work with honesty, diligence, and responsibility.

B : ternal auditors shall perform their work in accordance with the Standards.

C : ternal auditors shall perform their work in accordance with the law and make disclosures expected by the law.

D : ternal auditors shall be prudent in the use of information acquired while performing their work.

Answer: B

Question 3

According to The IIA's Code of Ethics, which of the following statements is true?

A : en an internal auditor releases required information to a regulator, resulting in a significant loss through fines and penalties for the organization, he fails to add value.

B : en an internal auditor limits the scope of the audit engagement after learning that management is hiding relevant information, he demonstrates integrity.

C : en an internal auditor disagrees with the treatment received by workers in the organization's foreign subsidiary and alters the audit program to highlight the issue, he fails to demonstrate objectivity.

D : en an internal auditor continues with an audit engagement, despite the audit client's claims that the work performed is unnecessary and redundant he fails to demonstrate competency.

Answer: C

Question 4

Faced with a complex, highly technical construction audit engagement, the chief audit executive (CAE) considered complementing the current internal audit resources by engaging the services of a civil engineer.

Which of the following should the CAE consider in determining whether the engineer possesses the necessary skills to perform the engagement?

1. Professional certification, license, or other recognition of the engineer's competence in the relevant discipline.

2. Experience of the engineer in the type of work being considered.

3. Compensation or other incentives that the engineer may receive.

4. The extent of other ongoing services that the engineer may be performing for the organization.

A : 1 and 4 only

B : 2 and 3 only

C : 3 and 4 only

D : 1, 2, and 4 only

Answer: D

Question 5

Which of the following activities best reflects the scope and status of the internal audit activity as defined in the internal audit policy statement?

A : internal auditor reviews the physical access to merchandise during an inventory count.

B : audit manager conducts an internal quality assessment of the internal audit activity's adherence to the Standards.

C : audit manager refrains from assigning an auditor who was a former payroll clerk to conduct a payroll audit.

D : board approves the annual performance evaluation of the chief audit executive.

Answer: A

Page: 1 / 57

Total 283 Questions | Updated On: Apr 16, 2026

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