Free IIA IIA-CRMA-ADV Exam Questions

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

Page: 1 / 57

Total 283 Questions | Updated On: Mar 21, 2026

Add To Cart

Question 1

Which of the following best demonstrates the authority of the internal audit activity?

A : ggesting alternatives to decision makers.

B : proving the integrity of information.

C : termining the scope of internal audit services.

D : hieving engagement objectives.

Answer: C

Question 2

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 3

According to the Standards, which of the following best describes why initial audit test results should be reported to the auditor-in-charge prior to advising management?

A : increases the likelihood of obtaining the audit client's agreement with the results.

B : ensures that an appropriate chain of evidence is maintained through the workpapers.

C : helps ensure that appropriate professional judgments and conclusions are made.

D : is required to demonstrate that effective engagement supervision has occurred.

Answer: C

Question 4

Which segregation of duties would best reduce the risk of payroll fraud?

A : man resources personnel add employees, and payroll personnel process hours and enter employee bank account numbers. Paychecks are automatically deposited in the employee's bank account.

B : man resources personnel add employees, payroll personnel process hours, and human resources personnel deliver paychecks to employees.

C : man resources personnel add employees, review and submit payroll hours to the payroll department for processing, and deliver paychecks to employees.

D : man resources personnel add employees and enter employee bank information. Payroll personnel process hours, and paychecks are automatically deposited in the employee's bank account.

Answer: A

Question 5

Which of the following would be considered a preventive control?

A : library control log.

B : review of exception reports.

C : password lock on a server.

D : oftware scan of financial records for irregularities.

Answer: C

Page: 1 / 57

Total 283 Questions | Updated On: Mar 21, 2026

Add To Cart