IIA IIA-CIA-Part1 Practice Test - Questions Answers, Page 31

Which of the following is an example of a management control technique?

An organization's board recommends revising the internal audit charter by adding requirements regarding the hiring and compensation of the chief audit executive as well as information on approving the internal audit budget. Which of the following is the board most likely defining in the charter?

According to IIA guidance, which of the following actions by a new chief audit executive would be most appropriate to gain an understanding of the current level of knowledge, skills, and competencies required by an internal audit activity to fulfill its responsibilities?

Which of the following is the best example of a risk appetite statement concerning an investment portfolio?

According to IIA guidance, which of the following would be included in an internal audit charter to help establish the authority of the internal audit activity?

Why is it imperative for the chief audit executive to track and develop the educational qualifications of internal audit staff?

Senior management has requested that the internal audit activity review and amend policies where necessary when auditing the purchasing department. To which of the following would the chief audit executive most likely give primary consideration when responding to this request?

Which of the following best describes the risk created when a manager bypasses organizational policies and procedures in order to meet an organization's objective?

Which of the following would be the best choice for a continuing professional development requirement for a newly created internal audit activity?