QUESTION: 237

Which of the following would be a violation of the IIA Code of Ethics?

Reporting information that could be damaging to the organization, at the request of a court of law.
Including an issue in the final audit report after management has resolved the issue.
Participating in an audit engagement for which the auditor does not have the necessary experience or training.
Accepting a gift that is a commercial advertisement available to the public.

Answer(s): C

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QUESTION: 238

Which of the following is not an appropriate objective for a quality assurance and improvement program?

Continually monitor the internal audit activity's effectiveness.
Assure conformance with the Standards and Code of Ethics.
Perform an internal assessment at least once every five years.
Communicate the results of quality assessments to the board.

Answer(s): C

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According to the International Professional Practices Framework, which of the following is true with respect to the different roles in the risk management process?

I). Boards have an oversight role.
II). Acceptance of residual risks can reside with the chief audit executive.
III). The board can delegate the operation of the risk management framework to the management team.
IV). The internal audit activity's role can range from having no responsibilities to managing and coordinating the process.

I only.
II and IV only.
I, III, and IV only.
I, II, III, and IV.

Answer(s): C

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QUESTION: 240

Which of the following types of risk factors are used within risk models to establish the priority of internal audit engagements?

I). Management competence.
II). Quality of internal controls.
III). Audit staff experience.
IV). Regulatory requirements.

II only.
I, II, and III only.
I, II, and IV only.
I, III, and IV only.

Answer(s): C

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Free IIA CIA Exam Braindumps (page: 61)

QUESTION: 237

QUESTION: 238

QUESTION: 239

QUESTION: 240

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