Free Access IIA.IIA-CIA-Part1.v2025-05-21.q605 Practice Test (Page 82)

Question 401

Which of the following survey questions would be most effective to identify ethics violations within the organization?

A.Are the performance targets in your department realistic and attainable?

B.Do your coworkers have the knowledge, skills, and training needed to perform their job duties?

C.Does your supervisor comply with laws and regulations affecting the organization?

D.Do you have sufficient resources, tools, and time to accomplish your work objectives?

Question 402

During the closing meeting of a procurement audit, the business manager disagrees with the observation presented by the engagement supervisor and accuses the team of not understanding the procurement objectives The engagement supervisor blames the manager for impeding the audit What skillset should the chief audit executive utilize to manage this situation?

A.The ability to negotiate

B.The ability to use analytical tools

C.The ability to foresee issues

D.The ability to manage conflict

Question 403

Which of the following offers the best evidence that the internal audit activity has achieved organizational independence?

A.The internal audit charter is drafted properly and approved by the appropriate parties.

B.The mission statement and strategy of the internal audit activity demonstrates alignment to organizational objectives.

C.An independent third party has assessed the organization's system of internal controls to be adequate and effective.

D.The chief audit executive reports both functionally and administratively to the CEO.

Question 404

The chief audit executive (CAE) of a large organization has been asked by the board to assume responsibility for risk management and compliance operations, both of which are distinct departments within the organization and are subject to periodic audits by the internal audit activity In regards to future audits of these functions which of the following approaches would be most appropriate?

A.Audits of risk management and compliance functions should be conducted by internal auditors under the supervision of management from both functions

B.Audits of risk management and compliance functions should be overseen by a competent external assurance provider

C.Audits of risk management and compliance functions should be overseen by a senior audit manager within the internal audit activity other than the CAE

D.Audits of risk management and compliance functions should be earned out by a team of the most experienced auditors overseen by the CAE

Question 405

Which of the following offers the feast evidence that the internal audit activity has achieved organizational independence?

A.The mission statement and strategy of the internal audit activity demonstrates alignment to organizational objectives.

B.The internal audit charter is drafted properly and approved by the appropriate parties.