IIA IIA-CIA-Part1 Übungsprüfungen
Zuletzt aktualisiert am 25.04.2025- Prüfungscode: IIA-CIA-Part1
- Prüfungsname: CIA Exam Part One: Essentials of Internal Auditing
- Zertifizierungsanbieter: IIA
- Zuletzt aktualisiert am: 25.04.2025
According to IIA guidance, which of the following most appropriately justifies the CEO’s decision that the internal audit activity shall be responsible for risk management and investigation at a multinational organization?
- A . The recommendation of the parent office external auditors.
- B . The provisions of the internal audit charter
- C . The authority of the CEO.
- D . The level of proficiency of the chief audit executive
Which of the following describes the internal audit activity’s most appropriate role in an organization’s risk management process?
- A . Reporting to the board on management’s assessment of current risks
- B . Establishing a risk management policy and framework for the organization
- C . Assigning responsibility for identifying and managing significant risks
- D . Developing key controls to mitigate risks across the organization
Which of the following describes the internal audit activity’s most appropriate role in an organization’s risk management process?
- A . Reporting to the board on management’s assessment of current risks
- B . Establishing a risk management policy and framework for the organization
- C . Assigning responsibility for identifying and managing significant risks
- D . Developing key controls to mitigate risks across the organization
The chief audit executive (CAE) has hired a new internal auditor who was immediately assigned to a procurement function audit. Because the new auditor’s name is similar to that of the procurement manager, some staff members think the two are related, although they are not.
Which of the following actions is most appropriate for the CAE to take?
- A . Take no action, as there is no impairment to independence.
- B . Remove the new internal auditor from the engagement team.
- C . Discuss the matter with the appropriate personnel to alleviate concerns.
- D . Closely supervise the new auditor and carefully review his work.
Which of the following should play a leading role in overseeing the ethical atmosphere of an organization?
- A . Internal audit activity.
- B . Operating management.
- C . Senior management.
- D . Board of directors.
Which of the following best illustrates the principle of due professional care?
- A . The internal audit activity uses key performance indicators for all staff members after all audit engagements.
- B . The internal auditors provide assurance to third parties indicating that their work was properly supervised.
- C . The internal auditors demonstrate they have an understanding of engagement objectives and scope.
- D . The internal auditors are heavily involved in training and development to enhance their skills.
At the beginning of an IT development project key risks were identified and assessed and risk owners were appointed Six months later the IT development team reported that the project Is significantly over budget, it will not be completed on time and key personnel had left the organization.
Which of the following risk management practices should be improved for future projects?
- A . Risk response.
- B . Risk assessment
- C . Risk monitoring.
- D . Risk avoidance.
At the beginning of an IT development project key risks were identified and assessed and risk owners were appointed Six months later the IT development team reported that the project Is significantly over budget, it will not be completed on time and key personnel had left the organization.
Which of the following risk management practices should be improved for future projects?
- A . Risk response.
- B . Risk assessment
- C . Risk monitoring.
- D . Risk avoidance.
A manufacturer of power tools is experiencing regular fluctuations in the price of electrical power which is having a serious impact on the bottom line.
Which of the following would be the most effective risk strategy to reduce the impact of these fluctuations?
- A . Use an average cost for power to smooth the bottom line.
- B . Analyze the amount of power used to produce each power tool.
- C . Review the current process to identify opportunities to reduce power usage.
- D . Use a forward contract for bulk power purchases
During the audit of taxation processes in the organization internal auditors have verified that all employees of the finance department received training on taxation guidelines. The training is mandatory and is automatically assigned via email invitation to all new employees in the department.
Which type of controls have the auditors tested?
- A . Directive
- B . Preventive
- C . Detective
- D . Automatic