Free IIA IIA-CIA-Part1-3P Exam Questions

Which of the following combinations of conditions is most likely a red flag for fraud?

Which of the following principles of The IIA's Code of Ethics implies that internal auditors should refrain from performing assurance services when there is an impairment to audit independence that has not been declared?

Which of the following audit procedures would provide the most relevant information to identify discrepancies between budgeted versus actual raw material consumption in a production facility?

According to the International Professional Practices Framework, internal auditors should possess which of the following competencies?

I. Proficiency in applying internal auditing standards, procedures, and techniques.

II. Proficiency in accounting principles and techniques.

III. An understanding of management principles.

IV. An understanding of the fundamentals of economics, commercial law, taxation, finance, and quantitative methods

Senior management asks the chief audit executive to review the organization's compliance with recently introduced legislation on international transfer pricing. The review requires an internal auditor who thoroughly understands the legislation and pricing methods. The internal audit activity does not have an auditor with those skills. Which of the following is the most appropriate course of action?