CRMA Certification IIA-CRMA Updated Exam

Certification in Risk Management Assurance (CRMA) Exam Questions and Answers

Question 29

Management would like to self-assess the overall effectiveness of the controls in place for its 200-person manufacturing department. Which of the following client-facilitated approaches is likely to be the most efficient way to accomplish this objective?

Options:

Workshops.

Surveys.

Interviews.

Observation.

Question 30

Which of the following best describes the details that must be included in the quality assurance and improvement program (QAIP) report to senior management and the board?

Options:

The scope and frequency of internal and external assessments as well as the qualifications and independence of the assessor.

The scope and cost of the QAIP. frequency of internal and external assessments, and conclusions of the assessor.

The scope, findings, risks, recommendations, and agreed-upon improvement actions.

The number and types of people involved in the assessment, costs, and duration of the QAIP

Question 31

According to the COSO enterprise risk management (ERM) framework, which of the following is not part of the new paradigm in ERM?

Options:

Assessing the risk factors.

Aligning risk appetite and strategy.

Enhancing risk response decisions.

Reducing operational surprises and losses.

Question 32

According to IIA guidance, which of the following roles would be appropriate for an internal auditor regarding fraud risk?

1. Identification.

2. Mitigation.

3. Remediation.

4. Reduction.

Options:

1 only. |

1 and 4 only.

1, 3, and 4 only.

1,2, 3, and 4.

Easter Sale 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: save70

CRMA Certification IIA-CRMA Updated Exam

Certification in Risk Management Assurance (CRMA) Exam Questions and Answers

Options:

Answer:

Options:

Answer:

Options:

Answer:

Options:

Answer:

CompTIA

Fortinet

Microsoft

Salesforce