Special Summer Sale Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: get65

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

Page: 33 / 53

IIA IIA-CIA-Part1 Exam Overview :

Exam Name: Essentials of Internal Auditing
Exam Code: IIA-CIA-Part1 Dumps
Vendor: IIA Certification: CIA
Questions: 721 Q&A's Shared By: nylah
Question 132

Which of the following is true regarding the stakeholder theory of corporate social responsibility?

Options:

A.

An organization has a fiduciary duty to put shareholders' needs first

B.

Customers' needs are the primary responsibility of the organization

C.

Competitors are considered stakeholders of the organization

D.

Employees are the organization's best assets and primary responsibility

Discussion
Question 133

Which of the following is true regarding risk analysis?

Options:

A.

Impact and likelihood should be assessed together.

B.

Impact and likelihood should be given equal consideration by the internal auditor.

C.

Impact and likelihood should be measured using quantitative methods.

D.

Impact and likelihood should be used to determine risk response.

Discussion
Question 134

An internal auditor notes that inventory counts are conducted on Mondays only and that all documentation is on paper as there are no computers in the underground warehouses. Also she notices that the person responsible for receiving the goods is the same one who distributes materials and spare parts Finally, she sees that spare parts are written off and taken by the heads of mining units to different underground locations to wait for their turn to be installed. Which of the described findings requires more consideration from a fraud risk perspective?

Options:

A.

The job responsibilities of the warehouse employee compromise segregation of duties

B.

Spare parts are written off before their actual usage and installation

C.

Warehouse management is conducted on paper and requires further investigation

D.

The inventory counts take place on specific days of the week for no apparent reason

Discussion
Mylo
Excellent dumps with authentic information… I passed my exam with brilliant score.
Dominik Aug 29, 2024
That's amazing! I've been looking for good study material that will help me prepare for my upcoming certification exam. Now, I will try it.
Hassan
Highly Recommended Dumps… today I passed my exam! Same questions appear. I bought Full Access.
Kasper Oct 20, 2024
Hey wonderful….so same questions , sounds good. Planning to write this week, I will go for full access today.
Anaya
I found so many of the same questions on the real exam that I had already seen in the Cramkey Dumps. Thank you so much for making exam so easy for me. I passed it successfully!!!
Nina Oct 14, 2024
It's true! I felt so much more confident going into the exam because I had already seen and understood the questions.
Lois
I passed my exam with wonderful score. Their dumps are 100% valid and I felt confident during the exam.
Ernie Oct 29, 2024
Absolutely. The best part is, the answers in the dumps were correct. So, I felt confident and well-prepared for the exam.
Josie
I just passed my certification exam using their dumps and I must say, I was thoroughly impressed.
Fatimah Oct 24, 2024
You’re right. The dumps were authentic and covered all the important topics. I felt confident going into the exam and it paid off.
Question 135

According to MA guidance, which of the following statements is true regarding an effective governance process?

Options:

A.

It stipulates that risk needs to be considered when making strategic decisions.

B.

It encourages strict segregation of the risk management and internal control processes.

C.

It relies on effective risk management when establishing the organization's risk appetite.

D.

It relies on the board to devise ways to communicate the effectiveness of internal controls.

Discussion
Page: 33 / 53
Title
Questions
Posted

IIA-CIA-Part1
PDF

$36.75  $104.99

IIA-CIA-Part1 Testing Engine

$43.75  $124.99

IIA-CIA-Part1 PDF + Testing Engine

$57.75  $164.99