IIA IIA-CIA-Part1 Practice Test - Questions Answers, Page 67

During a monthly internal audit staff meeting, the chief audit executive (CAE) decided to reinforce the importance of internal audit staff being objective in their work. Which of the following examples would be most appropriate for the CAE to include as part of the meeting presentation?

Which of the following requests, if accepted by the internal audit activity, would impair its independence?

Which of the following situations is most likely to prompt the internal audit activity to disclose its nonconformance with the Standards?

According to IIA guidance, which of the following is accurate regarding the chief audit executive's (CAE's) requirement to report the results of quality assessments?

1. The CAE must report the results of external assessments at least annually.

2. The CAE must report the results of ongoing monitoring at least annually.

3. The CAE must report the results of quality assessments to senior management.

4. The CAE must report the results of quality assessments to the board.

Which of the following is an indicator that the internal audit activity does not fully conform with the Standards?

Which risk management activity would cause the internal auditor to assume a management responsibility?

During an audit of an organization's accounts payable area, an internal auditor identified anomalies in the information examined that may indicate potential fraud. Which test should the auditor perform first to verify this?

An internal audit of warehouse inventory revealed no material deficiencies. However, management later discovered fraud, which occurred during the period that was audited, and determined that a major control deficiency allowed the fraud to occur. Given management's discovery, which of the following statements is valid?

A chief audit executive (CAE) is concerned that the internal audit activity is not receiving adequate training and continuing education. Which of the following approaches should the CAE take?