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: Jun 30, 2025

Add To Cart

Question 1

According to IIA guidance, which of the following is not a responsibility of the chief audit executive pertaining to documenting information to support internal audit engagement results and conclusions?

A : ting each engagement record to assess its relevance and accessibility for the organization's board.

B : ntrolling access to engagement records, including access by senior management.

C : veloping retention requirements for engagement records that are consistent with organizational guidelines.

D : rming policies governing the custody and retention of consulting engagement records before their release to other parties.

Answer: A

Question 2

Non-statistical sampling does not require which of the following?

A : sample to be representative of the population.

B : sample to be selected haphazardly.

C : maller sample size than if selected using statistical sampling.

D : ojecting the results to the population.

Answer: C

Question 3

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 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

During an audit engagement, the internal auditor discussed a risk mitigation recommendation with the manager of the area under review. The manager disagreed with the risk assessment and recommendation. The two failed to come up with an alternative solution, and the auditor decided to proceed with including the original recommendation in the engagement report. Which of the following is especially important in dealing with this type of situation?

A : ft skills in communication, negotiation, and collaboration.

B : chnical skills in the area under review.

C : ofessional qualifications and certification in internal auditing.

D : nfidentiality and independence.

Answer: A

Page: 1 / 57

Total 283 Questions | Updated On: Jun 30, 2025

Add To Cart