CompTIA
Checkpoint
ISC
HP
Dell
EC-Council
EXIN
Fortinet
ITIL®
Juniper
PMI
Microsoft
VMware
Avaya
Google
Salesforce
Amazon
Palo Alto Networks
Certiport
ISC2
All Vendors
  2. Home
  3. Exams
  4. IIA
  5. IIA-CIA-Part1

Free IIA-CIA-Part1 Exam Braindumps

View Related Case Study

The chief audit executive should periodically report the internal audit activity's purpose, authority, responsibility, and performance, as well as significant risk exposures and control issues, to which of the following?

  1. Board of directors.
    II. Senior management.
    III. Shareholders.
    IV. External auditors.
  2. IIonly
  3. I and IIonly
  4. I,II,and IIIonly
  5. I,III,and IVonly

Answer(s): B



View Related Case Study

An audit to test the system of controls over the purchase, distribution, and use of radioactive material is being conducted at a company's plants. The process is well documented, and employees in the safety department are very familiar with the department's procedures. Since the purchasing and facilities departments are involved in the process, the auditor is considering reviewing their radioactive material-handling procedures as well. The auditor should:

  1. Have confidence in the rigorous and detailed safety department procedures,since that department has the main responsibility for radiation safety,and should not use audit time to review other departments.
  2. Adjust the engagement schedule and budget,if needed,and interview the appropriate individuals in the purchasing and facilities departments to ascertain whether additional controlsexist that complement those identified within the safety department.
  3. Test the controls identified within the safety department; if results are unfavorable,the auditor should consider whether to involve the other departments.
  4. Defer questions regarding purchasing,facilities,and other departments until audit projects can be scheduled for those departments.

Answer(s): B



View Related Case Study

If an engagement client's operating standards are vague and thus subject to interpretation, the auditor should:

  1. Seek agreement with the client as to the standards to be used to measure operating performance.
  2. Determine best practices in the area and use them as the standard.
  3. Interpret the standards in their strictest sense because standards are otherwise only minimum measures of acceptance.
  4. Omit any comments on standards and the client's performance in relationship to those standards,because such an analysis would be meaningless.

Answer(s): A



View Related Case Study

An employee who recently transferred into the internal audit activity has been assigned to audit the accounts payable system.
Which function, if previously performed by the auditor, would represent a conflict of interest?

  1. Monitoring the allowance for doubtful accounts.
  2. Writing procedures for the handling of duplicate payments.
  3. Signing timekeeping cards for subordinates.
  4. Reviewing shipping documents for accuracy.

Answer(s): B






Post your Comments and Discuss IIA IIA-CIA-Part1 exam with other Community members:

IIA-CIA-Part1 Exam Discussions & Posts