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IIA IIA-CIA-Part1 Exam With Confidence Using Practice Dumps

Exam Code:
IIA-CIA-Part1
Exam Name:
Essentials of Internal Auditing
Certification:
CIA
Vendor:
Questions:
721
Last Updated:
Dec 22, 2024
Exam Status:
Stable
IIA IIA-CIA-Part1

IIA-CIA-Part1: CIA Exam 2024 Study Guide Pdf and Test Engine

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Essentials of Internal Auditing Questions and Answers

Question 1

In which of the following ways could stakeholders be engaged in corporate social responsibility efforts?

Options:

A.

Investigation of health and safety incidents.

B.

Auditing of controls and management systems.

C.

Communication of disclosures and external reporting,

D.

Involvement in focus groups and complaint management

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Question 2

Which of the following best describes why a chief audit executive might obtain the services of a fraud specialist to assist in a major fraud investigation'?

Options:

A.

Fraud specialists are better at using computer-assisted audit techniques

B.

Fraud specialists are better equipped to act as an expert witness in court

C.

Fraud specialists are better able to properly apply due professional care

D.

Fraud specialists are better at using crime scene investigation techniques

Question 3

Which of the following statements is true regarding consulting and assurance engagements performed by the internal audit activity'?

Options:

A.

For both assurance and consulting engagements, the auditor must independently and objectively select the criteria for evaluation

B.

For a consulting engagement, internal auditors and management jointly agree on the adequate criteria needed to evaluate governance, risk management, and controls. This is not true of assurance engagements

C.

Engagement planning and fieldwork are similar for both types of engagements (there are no major differences) although the reporting process is different depending on which service is provided

D.

For a consulting engagement objectives must address governance risk management and control processes to the extent agreed upon with the client. This is not true of assurance engagements