IIA-CIA-Part1 V1

Which of the following is the primary engagement responsibility of an entry-level internal auditor?A . Leadership. B. Documentation. C. Analysis. D. Reporting.View AnswerAnswer: C

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?A . Appoint the chief audit executive as a member of the board. B. Adopt written policies and procedures for the internal audit activity, approved by...

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 ( Standards). A recent external quality assessment concluded that the internal audit activity had substantial deficiencies that impact its overall operations....

According to IIA guidance, which of the following statements is true regarding due professional care?A . Internal auditors must exercise due professional care to Insure that all significant risks will be identified, B. Internal auditors must apply the care and skill expected of a reasonably prudent and competent internal auditor...

Which of the following statements is most accurate with respect to the required elements of the quality assurance and improvement program?A . Internal assessments provide sufficient objectivity to provide evidence to the board that the internal audit activity understands the organization’s control processes. B. Quality assessments focus on the internal...

Which of the following most accurately describes the role of the board when it comes to organizational governance?A . Responsibility for outcome of the process. B. Responsibility to be involved in management of the organization. C. Responsibility to determine who is accountable for outcomes. D. Responsibility to identify risks in...

According to NA guidance, which of the following conditions would enhance the independence of the internal audit activity?A . The organizational culture rewards critical and objective thinking. B. The quality of work performed by the internal audit activity is periodically reviewed, C. The organization establishes effective governing body oversight, D....

Which of the following is the most effective way for internal auditors to determine whether ethical values are followed throughout the organization?A . Review the organization's ethical value structure and reporting procedures. B. Review what the organization considers to be ethical behavior, such as the employee code of conduct. C....

Which of the following is a true statement regarding whistleblowing?A . Whistleblowing is one of several possible ethical structures an organization can undertake to encourage ethical behavior. B. Whistleblowing programs help employees deal with ethical questions and instill ethical values into everyday behavior C. Whistleblowers are current or former employees...

According to NA guidance, which of the following describes the primary reason to implement environmental and social safeguards within an organization?A . To enable Triple Bottom Line reporting capability. B. To facilitate the conduct of risk assessment. C. To achieve and maintain sustainable development. D. To fulfill regulatory and compliance...