Online Access Free IIA-CRMA Practice Test

Which of the following would be considered a preventive control?

• A.A library control log.
• B.A review of exception reports.
• C.A password lock on a server.
• D.A software scan of financial records for irregularities.

When conducting an interview, an internal auditor is most likely to ask open-ended questions in order to:

• A.Determine agreement or disagreement with a stated viewpoint.
• B.Obtain information based on the person's own perspective.
• C.Obtain specific answers and maximize efficiency.
• D.Gather factual data on several different topics.

The director of purchasing, a certified internal auditor (CIA), signs a contract to procure a large order from a supplier whose products provide the best price, quality, and performance. A few days after signing the contract, the supplier presents the CIA with $1, 000 as a gift. Which statement regarding acceptance of the money is correct?

• A.Accepting the money would violate the IIA Code of Ethics.
• B.Because the CIA is not acting as an internal auditor, accepting the money would be governed only by the organization's code of conduct.
• C.Because the contract was signed before the money was offered, accepting the money would not violate the IIA Code of Ethics.
• D.Accepting the money would be prohibited only if it were non-customary.

Which of the following is not an appropriate activity for internal auditors to perform?

• A.Recommend management seek a consulting firm to advise on outsourcing.
• B.Accumulate data, obtain varying views, and report information to senior management.
• C.Implement solutions for specific organizational problems.
• D.Highlight matters that require management's attention.

According to IIA guidance, which of the following is least compliant with the requirements regarding an internal auditor's need for objectivity?

• A.An internal auditor assessed the effectiveness of controls over payroll software, which he had helped implement with a previous employer.
• B.An internal auditor, previously employed in the quality assurance operations area, performed a consulting engagement for the operations manager.
• C.An internal auditor performed an assurance engagement for the effectiveness of accounts payable access controls, one of which he previously helped to design.
• D.An internal auditor participated in an audit of controls around absenteeism, despite providing some consultation on controls in this area earlier in the year.