IIA IIA-CIA-Part1 Practice Test - Questions Answers, Page 54

At the beginning of an IT development project key risks were identified and assessed and risk owners were appointed Six months later the IT development team reported that the project Is significantly over budget, it will not be completed on time and key personnel had left the organization. Which of the following risk management practices should be improved for future projects?

Which of the following factors are commonly assessed to determine the magnitude of risk events?

Which of the following risk management techniques best describes the strategy of obtaining insurance to protect against losses due to bad weather conditions?

An internal auditor is assessing the effectiveness of the organization's risk management practices She checks to see whether risk management is an intégrai part of decision making and whether risk management is transparent, responsive to change and addresses uncertainty. According to HA guidance on risk management frameworks, which of the following approaches is the auditor most likely using?

An internal auditor believes that a weakness exists in the control environment relating to the delegation of authority and responsibility within the management structure. Which of the following actions should the internal auditor first consider in this matter?

During an audit of a foreign subsidiary an internal audit team discovered that products were sold to a prohibited country due to sanctions. What is the best course of action for the internal audit team?

Which of the following is the primary benefit of an effective professional development program for internal auditors?

The board requested the chief audit executive (CAE) to provide consulting services for a new systems implementation project Which of the following statements is true regarding this scenario?

The principle that "no action should be taken that may harm in some way the least fortunate people" is an expression of which of the following more general ethical principles?