Month End 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 maverick

Page: 36 / 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: maverick
Question 144

It is important for the chief audit executive to consider the level of competence of the internal audit staff because their competence influences which of the following?

Options:

A.

The cost-benefit relationship of planned audits.

B.

Proficiency needed to carry out engagements.

C.

Achievement of the objectives of internal control.

D.

Quantity of the audits performed.

Discussion
Lennox
Something Special that they provide a comprehensive overview of the exam content. They cover all the important topics and concepts, so you can be confident that you are well-prepared for the test.
Aiza Oct 25, 2024
That makes sense. What makes Cramkey Dumps different from other study materials?
Rae
I tried using Cramkey dumps for my recent certification exam and I found them to be more accurate and up-to-date compared to other dumps I've seen. Passed the exam with wonderful score.
Rayyan Sep 14, 2024
I see your point. Thanks for sharing your thoughts. I might give it a try for my next certification exam.
Walter
Yayyy!!! I passed my exam with the help of Cramkey Dumps. Highly appreciated!!!!
Angus Nov 4, 2024
YES….. I saw the same questions in the exam.
Amy
I passed my exam and found your dumps 100% relevant to the actual exam.
Lacey Aug 9, 2024
Yeah, definitely. I experienced the same.
Ella-Rose
Amazing website with excellent Dumps. I passed my exam and secured excellent marks!!!
Alisha Aug 17, 2024
Extremely accurate. They constantly update their materials with the latest exam questions and answers, so you can be confident that what you're studying is up-to-date.
Question 145

During a payroll audit, the internal auditor discovered that several individuals who have the same position classification as he are earning a significantly higher salary. The auditor noted the names and amounts of each, and he planned to prepare a request to the chief audit executive for a salary increase based on this information. Which of the following IIA Code of Ethics principles was violated in this scenario?

Options:

A.

Competency.

B.

Objectivity,

C.

Integrity.

D.

Confidentiality

Discussion
Question 146

When taken by a chief audit executive, which of the following actions would be most likely to prevent division management from exaggerating sales reports?

1. Announcing a series of internal audit engagements focusing on compliance with corporate sales-reporting policies.

2. Asking the president and the board to issue a statement of corporate policy stressing the importance of accurate management

reporting and the negative consequences of intentional misreporting.

3. Setting up a hotline for employees to report fraudulent behavior anonymously,

4. Assisting the controller in developing and monitoring a series of business process indicators, which are historically correlated with, but independent of sales.

Options:

A.

1 and 2 only.

B.

2 and 3 only.

C.

2 and 4 only.

D.

3 and 4 only

Discussion
Question 147

Upon joining the internal audit activity, each new auditor receives a copy of the audit handbook. Which of the following handbook policies has the greatest risk of compromising audit objectivity?

Options:

A.

Internal auditors should obtain 80 hours of continuing professional education every two years, 20 of which should be audit-related, and the remainder may be operations-related.

B.

Internal auditors should rotate to other areas of the organization for nonaudit assignments to gain an understanding of the organization's operations.

C.

Internal auditors should have direct and unrestricted access to personnel and information throughout the organization and the governing board.

D.

Internal auditors should undergo annual performance appraisals conducted by the chief audit executive, who reports administratively to the chief financial officer.

Discussion
Page: 36 / 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