Free Access IIA.IIA-CIA-Part1.v2025-05-21.q605 Practice Test (Page 11)

Question 46

Which of the following statements is correct regarding disclosure of conformance or nonconformance with the Standards?

A.An internal audit activity that has been in existence fewer than five years cannot Indicate that it is operating in conformance with the Standards because it has not yet undergone an external assessment.

B.Once an external assessment validates conformance with the Standards, the internal audit activity may continue to use the statement until the next external assessment.

C.If it has been more than five years since the last external assessment was conducted, the Internal audit activity must cease indicating that it operates in conformance with the Standards.

D.The chief audit executive must disclose every instance of noncompliance with the Code of Ethics or the Standards.

Question 47

In which of the following scenarios is the internal auditor in conformance with The IIA's Code of Ethics and the Standards?

A.The auditor testifies in front of a jury about an organization's fraudulent financial practices after receiving a subpoena

B.Management has agreed to remedy a significant control deficiency, so the auditor excludes the deficiency from the engagement report

C.The chief audit executive declines an assurance engagement in IT because the internal audit activity is not proficient in IT

D.The auditor communicates an audit opinion on fraud risk during an audit engagement's preliminary fraud risk assessment

Question 48

Which of the following is least likely to enhance the independence of an internal audit activity?

A.Adherence to the organization's position classification structure.

B.The existence of a formal written charter for the internal audit activity.

C.A direct reporting relationship to the audit committee.

D.Submission of an annual internal audit work plan to the audit committee.

Question 49

Due to urgent requests from management, a busy internal audit activity finds that it can no longer meet all of its commitments contained in the annual audit plan.
The best course of action for the chief audit executive to take would be to:

A.Advise the board and senior management and request a reassessment of the plan.

B.Advise the board immediately and seek their support for additional resources to meet the needs of the plan.

C.Advise senior management and request that they reconsider these additional requests using more rigorous risk assessment and prioritization factors.

D.Continue with the plan and seek opportunities to adjust priorities and reallocate resources.

Question 50

An internal auditor is testing, on a sample basis, whether invoices paid between January 1 and December
31 are supported by appropriately approved purchase orders. Over 25, 000 invoices were paid during the fiscal year, which runs from the first of April to the end of March. The auditor sets the acceptable risk of assessing control risk too low at 5% and the tolerable deviation rate at 5%. The internal auditor consults the previous audit and sets the expected population deviation rate at 1%. Sample size (77) is selected from a table and rounded up to 80. No sample deviations were found. The upper deviation limit was 3.7%.
Which of the following statements represents a valid conclusion regarding this information?

A.I am 95% confident that the true, but unknown, population deviation rate is less than or equal to 3.7%.
Results indicated that the sample size was too small, as no sample deviations were found.

B.I am 95% confident that the true, but unknown, population deviation rate is less than or equal to 3.7%.
The quantitative attribute testing results indicate that the control is not effective.

C.I am 95% confident that the true, but unknown, population deviation rate is less than or equal to 3.7%.
The quantitative attribute testing results indicate that the control is effective.

D.I am 95% confident that the actual population deviation rate is 3.7%. Since this is less than the tolerable deviation rate, quantitative attribute testing results indicate that the control is effective.

Other Version: 1411IIA.IIA-CIA-Part1.v2026-07-28.q398; 7137IIA.IIA-CIA-Part1.v2024-09-23.q699; 3398IIA.IIA-CIA-Part1.v2023-11-09.q158; 3844IIA.IIA-CIA-Part1.v2023-04-17.q104; 8341IIA.IIA-CIA-Part1.v2023-03-29.q231; 5229IIA.IIA-CIA-Part1.v2023-02-22.q207; 5637IIA.IIA-CIA-Part1.v2023-02-14.q152; 5396IIA.IIA-CIA-Part1.v2023-02-01.q147; 4577IIA.IIA-CIA-Part1.v2022-07-16.q118; 5749IIA.IIA-CIA-Part1.v2022-02-22.q141; 126IIA.Prepawayete.IIA-CIA-Part1.v2021-09-10.by.earl.163q.pdf

Latest Upload: 143Fortinet.NSE7_SSE_AD-25.v2026-09-05.q85; 204Microsoft.PL-400.v2026-09-05.q375; 306Snowflake.DEA-C01.v2026-09-04.q215; 198HP.HPE0-V27.v2026-09-04.q127; 293NAHQ.CPHQ.v2026-09-03.q481; 127SAP.C-S4CPB-2602.v2026-09-02.q7; 140Cisco.700-805.v2026-09-02.q86; 176MSSC.CLT-4.0.v2026-09-02.q43; 137Fitness.NCSF-CPT.v2026-09-02.q18; 207Google.Generative-AI-Leader.v2026-09-02.q77

Question 46

Question 47

Question 48

Question 49

Question 50

Download PDF File