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Question list

List of questions

Question 1

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Which of the following is the most effective way for internal auditors to determine whether ethical values are followed throughout the organization?

Question 2

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Which of the following best describes the Standards requirement for collective proficiency of the internal audit activity?

Question 3

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A snow removal company is conducting a scenario planning exercise where participating employees consider the potential impacts of a significant reduction in annual snowfall for the coming winter. W

Question 4

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An internal auditor is performing testing to gather evidence regarding an organization's inventory account balance and is mindful of the possibility that the sample used might support the conclusion

Question 5

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Which of the following is the most appropriate way to ensure that a newly formed internal audit activity remains free from undue influence by management?

Question 6

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Which of the following statements is true with regard to services provided by the internal audit activity?

Question 7

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The internal audit activity completed its analysis of sample transactions to determine occurrences of double billings According to If A guidance, which of the following best demonstrates that intern

Question 8

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While auditing an organization's credit approval process, an internal auditor learns that the organization has made a large loan to another auditor's relative. Which course of action should the audi

Question 9

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Which of the following is most likely to be considered a control weakness?

Question 10

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An internal audit activity includes in its audit reports the assertion that its work is performed in conformance with the International Standards for the Professional Practice of Internal Auditing (

Question 583 - IIA-CIA-Part1 discussion

Which combination of strategies would provide the best evaluation of the effectiveness of the organization's risk assessment activity?

1. Interview staff at various levels to discuss the organization's objectives, significant risks, and risk appetite.

2. Review board meeting minutes to determine whether the significant risks identified are communicated timely to the board.

3. Evaluate the adequacy and timeliness of management remediation actions by reviewing the control design, testing the controls, and reviewing monitoring procedures.

4. Review the professional development plans of internal audit staff to ensure all are competent to assess the organization's risk assessment activity.