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IIA-CIA-Part1 Reliable Braindumps Files - New IIA-CIA-Part1 Test Question
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IIA-CIA-Part1 or the Essentials of Internal Auditing certification exam is an essential certification exam for individuals who want to pursue a career in internal auditing. The IIA-CIA-Part1 certification exam is designed to validate the knowledge and proficiency of individuals in the fundamentals of internal auditing. IIA-CIA-Part1 exam is designed to test the essential knowledge and skills that are required to become an effective internal auditor.
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IIA-CIA-Part1 exam is suitable for individuals who are new to the field of internal auditing or professionals who want to enhance their knowledge and skills in this area. IIA-CIA-Part1 Exam is particularly relevant for those who are working in internal audit departments, compliance functions, risk management, or other related functions. Passing IIA-CIA-Part1 exam not only demonstrates a high level of competency in the field but also opens up new career opportunities and enhances the earning potential of the candidate.
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IIA Essentials of Internal Auditing Sample Questions (Q837-Q842):
NEW QUESTION # 837
According to MA guidance, which of the following gives the internal audit activity the authority to request supporting documentation for the invoices of a third-party service provider?
- A. The board of directors.
- B. The quality assurance and improvement program.
- C. The internal audit charter.
- D. The internal audit policy manual.
Answer: C
NEW QUESTION # 838
Which of the following is an example of a risk avoidance strategy?
- A. Outsourcing the payroll function
- B. Insuring all fixed assets
- C. Installing cameras in the mailroom
- D. Exiting a product line
Answer: D
NEW QUESTION # 839
An organization's project managers regularly travel to various destinations. Although plane tickets and accommodations are booked and paid for by the organization, project managers can still submit for reimbursement any travel-related receipts for transportation, dining, and other miscellaneous costs. Which of the following fraud schemes should the auditor test for?
- A. Improper period recognition of expenses.
- B. Unauthorized expenditures.
- C. Concealed liabilities and expenses.
- D. Multiple and overstated expenses.
Answer: D
NEW QUESTION # 840
An organization is conducting a fraud risk assessment as part of its risk management program.
Which of the following steps is the organization most likely to perform first?
- A. Identify red flags by conducting data analysis.
- B. Identify relevant fraud risk factors.
- C. Identify existing controls for preventing and detecting fraud.
- D. Identify potential fraud schemes.
Answer: B
NEW QUESTION # 841
Which of the following components influences the risk consciousness of an organization's
people and is the basis for all other components of enterprise risk management?
- A. Risk Assessment.
- B. Internal Environment.
- C. Information and Communication.
- D. Objective setting.
Answer: B
NEW QUESTION # 842
......
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