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: Jun 30, 2025

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Question 1

Which of the following is not an appropriate activity for internal auditors to perform?

A : commend management seek a consulting firm to advise on outsourcing.

B : ghlight matters that require management's attention.

C : plement solutions for specific organizational problems.

D : cumulate data, obtain varying views, and report information to senior management.

Answer: C

Question 2

An internal audit charter describes the mission and scope of the internal audit activity (IAA), responsibilities of the IAA, accountability of the chief audit executive, independence of the IAA, and standards followed by the IAA. Which of the following also should be included in the charter?

A : purpose of the IAA.

B : IAA's right to have unrestricted access to functions, records, personnel, and physical property.

C : detailed audit plan or program for the year.

D : job specifications and descriptions of the internal audit staff.

Answer: B

Question 3

Which of the following actions would be characterized as a preventive control to safeguard inventory from the risk of theft?

1. Locking doors and physically securing inventory items.

2. Independently observing the receipt of materials.

3. Conducting monthly inventory counts.

4. Requiring the use of employee ID badges at all times.

A : 1 and 3.

B : 1 and 4.

C : 2 and 3.

D : 2 and 4.

Answer: B

Question 4

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

Question 5

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

Page: 1 / 57

Total 283 Questions | Updated On: Jun 30, 2025

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