Free Online IIA IIA-CIA-Part1-3P-CHS Practice Test

Prepare Your IIA IIA-CIA-Part1-3P-CHS Exam Questions with Free online IIA-CIA-Part1-3P-CHS Practice Test. Get Brilliant Certified Internal Auditor - Part 1, Internal Audit Basics Exam Results with Valid IIA CIA Part1 3P CHS Exam Dumps.

Page: 1 / 191

Total 951 Questions | Updated On: May 14, 2024

Add To Cart

Question 1

Which of the following risk management techniques best describes the strategy of obtaining insurance to protect against losses due to bad weather conditions?

A : Risk avoidance.

B : Risk reduction.

C : Risk acceptance.

D : Risk sharing.

Answer: D

Question 2

An internal auditor notes that employees are able to download files from the internet. According to IIA guidance, which of the following strategies would best protect the organization from the risk of copyright infringement and licensing violations resulting from this practice?

A : Apply antivirus and patch management software

B : Utilize dedicated and encrypted network connections.

C : Install a software inventory management application

D : Utilize secure socket layer encryption.

Answer: C

Question 3

Which of the following situations undermines the independence of the internal audit activity?

A : The internal audit activity is responsible for the company's risk management function, and its head manager reports to the chief audit executive.

B : A senior member of the internal audit activity once worked in the corporate finance department.

C : The organization's CEO reviews the internal audit activity's annual budget per the organization's policies and procedures.

Answer: A

Question 4

In which of the following situations would fishbone diagrams be most useful?

A : The problem is complicated and the root cause is unknown.

B : Team members cannot effectively communicate with each other.

C : The team is too small for brainstorming to be effective.

D : The team consists of experts who can resolve problems without much difficulty.

Answer: A

Question 5

An internal auditor is reviewing a new automated human resources system. The system contains a table of pay rates which are matched to the employee job classifications. The best control to ensure that the table is updated correctly for only valid pay changes would be to

A : Limit access to the data table to management and line supervisors who have the authority to determine pay rates.

B : Require a supervisor in the department, who does not have the ability to change the table, to compare the changes to a signed management authorization.

C : Ensure that adequate edit and reasonableness checks are built into the automated system.

D : Require that all pay changes be signed by the employee to verify that the change goes to a bona fide employee.

Answer: B

Page: 1 / 191

Total 951 Questions | Updated On: May 14, 2024

Add To Cart