IIA IIA-CIA-Part1 Practice Test - Questions Answers, Page 32

Which of the following is considered to be a threat to the internal auditor's objectivity?

An organization opened its warehouse to sell written-off surplus and outdated office furniture to the general public. Prices were negotiable, and customers could pay by cash, check, or credit card.

Receipts were available upon request, and were issued by the inventory manager upon collection of payment. At the end of the day, the manager forwarded all of the funds he had collected to the finance department for deposit. Which of the following types of fraud is most likely to occur under these circumstances?

Which of the following indicates an appropriate disclosure of a potential nonconformance with the Standards?

Which of the following best describes the differences between internal auditors and external auditors?

A fraud investigation was completed by management, and a proven fraud was communicated to relevant authorities. According to IIA guidance, which of the following roles would be most appropriate for the internal audit activity to undertake after the investigation?

An internal audit activity is using the auditing-by-element approach to audit the organization's controls around corporate social responsibility. Which of the following would be an element for the internal audit activity to consider?

Which of the following would be the most appropriate first step for the board to take when developing an effective system of governance?

According to MA guidance, which of the following gives the internal audit activity the authority to request supporting documentation for the invoices of a third-party service provider?

Which of the following is a responsibility of the internal audit activity as it relates to risk and risk management?