Essentials of Internal Auditing IIA-CIA-Part1 Exam Questions with Experts Answers Updated Recently

A.  

Make an audio recording of the interview

B.  

Interrupt with questions during unclear statements

C.  

Express interest by asking follow-up questions

D.  

Avoid periods of silence

A.  

Identifying preventive and detective controls

B.  

Gathering information about the organization’s business activities to gain an understanding of fraud risks

C.  

Engaging in strategic reasoning to anticipate the fraud scheme

D.  

The use of brainstorming, management interviews, analytical procedures and review of prior frauds.

A.  

The chief audit executive is responsible for deciding the priority of consulting services in the internal audit plan

B.  

The scope of consulting services is determined primarily by the internal auditor with input from management of the area under review

C.  

The board defines the internal audit activity’s responsibilities over consulting activities

D.  

Adding value to an organization requires the internal audit activity to initiate a consulting engagement

A.  

Internal audit activity policies and engagement records provide relevant, sufficient, and competent evidence that the statement is correct

B.  

The audit committee has reviewed the annual self-assessment results and approved the use of the clause

C.  

The self-assessment results were validated by a qualified external review team three years prior

D.  

The internal audit charter, approved by the audit committee requires conformance with the Standards