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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:
Jan 18, 2025
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

The manager of the payroll department requested a review of the payroll process, but only wants the engagement to include processes related to approval of time worked. What type of activity is this?

Options:

A.

Financial assurance engagement.

B.

Operational consulting engagement.

C.

Compliance assurance engagement.

D.

Risk management consulting engagement.

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Question 2

A global organization established a new internal audit activity and the recently hired chief audit executive needs to develop an internal audit manual for internal auditors Among the following policies in the manual, which would facilitate internal auditors in upholding their objectivity?

Options:

A.

Internal auditors shall attend professional workshops to refresh internal audit norms and concepts

B.

Internal auditors' performance is synchronized with satisfaction ratings given by audit clients

C.

Internal auditors take prior audit results into account when conducting current audit engagements

D.

Internal auditors observe the audit client’s expectations when scoping audit engagements

Question 3

Which of the following statements is true regarding the quality assurance and improvement program (QAIP)?

Options:

A.

Reporting on the QAIP to the board should occur at least once every five years

B.

The responsibility for the selection of an external assessor rests with the board

C.

The qualifications of the assessors must be communicated to the board

D.

The reporting of outcomes of the QAIP can be delegated to senior audit staff