IIA-CRMA

During an internal audit, the internal auditor compares the employee turnover rate in the area being audited with the employee turnover rate in the organization as a whole. This is an example of which of the following analytical auditing procedures?A . Reasonableness test.B . Regression analysis.C . Benchmarking.D . Trend...

Which of the following actions does not violate the IIA Code of Ethics or Standards?A . An internal auditor performing an audit on an operation that they managed less than a year ago.B . An internal auditor performing an audit on procedures that they were responsible for creating.C . An...

A chief audit executive (CAE) of an international charity reports functionally to the audit committee of the board of directors and administratively to the charity's chief financial officer (CFO). Which of the following would impair the internal audit function's independence?A . The CFO determines the scope of internal audit work...

According to the Standards, which of the following best describes why initial audit test results should be reported to the auditor-in-charge prior to advising management?A . It increases the likelihood of obtaining the audit client's agreement with the results.B . It ensures that an appropriate chain of evidence is maintained...

An internal auditor notes that employees are able to download files from the internet. According to IIA guidance, which of the following strategies would best protect the organization from the risk of copyright infringement and licensing violations resulting from this practice?A . Apply antivirus and patch management software.B . Utilize...

A chief audit executive (CAE) of an international charity reports functionally to the audit committee of the board of directors and administratively to the charity's chief financial officer (CFO). Which of the following would impair the internal audit function's independence?A . The CFO determines the scope of internal audit work...

According to IIA guidance, which of the following is the best example of a system application control?A . A physical security control over a data center.B . A system development life cycle control.C . A program change management control.D . An input control over data integrity.View AnswerAnswer: D

Which of the following techniques would best assist an internal auditor in evaluating the efficiency of a wholesale grocery distributor`s process to fill and package orders for shipping?A . A Bedford analysis of orders filled to average delivery times.B . Decision trees rating actual performance against requirements.C . Queuing theory...

Why are preventative controls generally preferred to detective controls?A . Because preventive controls promote doing the right thing in the first place, and lessen the need for corrective action.B . Because preventive controls are more sensitive and identify more exceptions than detective controls.C . Because preventive controls include output procedures,...

An internal auditor finds during an engagement that payment for the organization's general insurance policy is two months overdue. The issue is informally mentioned to the finance department which immediately submits the invoice for payment. The auditor decides to exclude this finding from the final audit report as the oversight...