CIA IIA-CIA-Part1 Dumps PDF

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Question 12

Which of the following best demonstrates internal auditors performing their work with proficiency?

Options:

Internal auditors meet with operational management at each phase of the audit process.

Internal auditors adhere to The IIA’s Code of Ethics.

Internal auditors work collaboratively with their engagement team.

Internal auditors complete a program of continuing professional development.

Question 13

Which of the following best describes why a chief audit executive might obtain the services of a fraud specialist to assist in a major fraud investigation'?

Options:

Fraud specialists are better at using computer-assisted audit techniques

Fraud specialists are better equipped to act as an expert witness in court

Fraud specialists are better able to properly apply due professional care

Fraud specialists are better at using crime scene investigation techniques

Question 14

Which of the following would be most helpful to measure whether an internal audit activity successfully provides risk-based assurance?

Options:

Percentage of highly significant risks covered by internal audit plan.

Percentage of previously unknown risks identified per engagement.

Percentage of internal audit staff skilled in alignment with the organization's structure and key risks.

Percentage of observations made in assurance engagements compared to advisory engagements.

Question 15

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.