IIA Updated IIA-CIA-Part1 Exam Questions and Answers by cadi

The feedback from operational management highlights a lack of effective communication. While the internal audit team effectively communicated the audit findings, they failed to adequately consider and integrate management's input on resolving the issues. Improving communication skills would help the internal audit team to better engage stakeholders throughout the audit process and integrate their perspectives into the audit recommendations effectively.References: The Institute of Internal Auditors (IIA) - Competency Framework for Internal Auditors

According to The IIA's Code of Ethics, objectivity must be maintained by internal auditors, which means they should not allow personal feelings or prejudices to affect their professional judgment. In this scenario, altering the audit program to focus on an issue because of personal disagreement over the treatment of workers demonstrates a failure to remain objective.References: The IIA's Code of Ethics, which outlines the principle of objectivity in the conduct of internal auditors.

In assessing the design of a training program for an organization's ethics program, the most relevant questions would be those that address the content of the training and the feedback mechanism used to foster ethical decision-making. Questions 1 and 4 directly relate to these aspects, examining if the training includes ethical decision-making scenarios and if there is feedback on the thought processes involved, which are critical for effective ethics training.References: IIA guidance on auditing ethics programs, focusing on the effectiveness and design of training components.

A whistleblower hotline is part of a fraud detection program. Whistleblower hotlines are critical as they provide a confidential means for employees and others to report suspicious activities or concerns about fraud, thereby aiding in the early detection and investigation of potential fraudulent activities within an organization.References: IIA guidance and fraud risk management frameworks that identify whistleblower programs as an essential element of an effective fraud detection system.