Free Access IIA.IIA-CIA-Part1.v2023-02-22.q207 Practice Test (Page 14)

Question 61

Which of the following is the primary benefit of an effective professional development program for internal auditors?

A.An effective program may enhance internal auditors' business acumen

B.An effective program may ensure internal auditors' effectiveness in setting the organization's nsk management process

C.An effective program may clarify management's expectations of the auditors and their responsibilities to the organization

D.An effective program may ensure that HA Standards requirements are adhered to during audit engagements

Question 62

Which of the following statements is true regarding the quality assurance and improvement program (QAIP)?

A.Reporting on the QAIP to the board should occur at least once every five years

B.The responsibility for the selection of an external assessor rests with the board

C.The qualifications of the assessors must be communicated to the board

D.The reporting of outcomes of the QAIP can be delegated to senior audit staff

Question 63

Which of the following is an example of corruption?

A.Recognizing revenue up front rather than over a contract's life to inflate revenue for the current period

B.Misstating realized foreign currency transaction gains or losses

C.Demanding payment from a vendor for decisions made in the vendor's favor

D.Requesting reimbursement for overstated travel and entertainment expense amount

Question 64

A series of incidents over the past year reveals several members of senior management possess a limited understanding of the concept and impact of fraud. Which of the following would be the most effective way to approach this issue?

A.The organization should conduct training sessions on fraud, which should be attended by senior management and staff.

B.Anti-fraud and whistleblowing policies should be implemented and their importance should be clearly stated.

C.A comprehensive fraud risk assessment and management program should be carried out.

D.The board should ask the internal audit activity to perform additional assurance engagements.

Question 65

The CEO has delegated several responsibilities to the internal audit activity. Which of the following directives should concern the chief audit executive the most?

A.Internal auditors shall perform engagement-level risk assessments

B.Internal auditors shall perform organization wide risk assessments

C.Internal auditors shall perform risk-based engagements

D.Internal auditors shall perform risk management activities.

Other Version: 1002IIA.IIA-CIA-Part1.v2025-05-21.q605; 3357IIA.IIA-CIA-Part1.v2024-09-23.q699; 2039IIA.IIA-CIA-Part1.v2023-11-09.q158; 2714IIA.IIA-CIA-Part1.v2023-04-17.q104; 6477IIA.IIA-CIA-Part1.v2023-03-29.q231; 4130IIA.IIA-CIA-Part1.v2023-02-14.q152; 4257IIA.IIA-CIA-Part1.v2023-02-01.q147; 3771IIA.IIA-CIA-Part1.v2022-07-16.q118; 4681IIA.IIA-CIA-Part1.v2022-02-22.q141; 126IIA.Prepawayete.IIA-CIA-Part1.v2021-09-10.by.earl.163q.pdf

Latest Upload: 107Oracle.1Z0-1057-23.v2025-09-10.q47; 150Google.Professional-Cloud-Network-Engineer.v2025-09-09.q179; 131SAP.C-S4EWM-2023.v2025-09-08.q83; 156TheSecOpsGroup.CNSP.v2025-09-08.q20; 207CFAInstitute.ESG-Investing.v2025-09-08.q173; 154PECB.ISO-IEC-27001-Lead-Implementer.v2025-09-06.q132; 144Salesforce.Data-Architect.v2025-09-05.q216; 136Adobe.AD0-E605.v2025-09-05.q50; 177Nutanix.NCP-MCI-6.10.v2025-09-05.q55; 114Oracle.1z0-591.v2025-09-05.q104

Question 61

Question 62

Question 63

Question 64

Question 65

Download PDF File