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

Become IIA Certified with updated IIA-CIA-Part1-3P exam questions and correct answers

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Total 951 Questions | Updated On: Oct 28, 2025

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Question 1

Which of the following best describes the assessment of risks?

A : ess the actions necessary to reduce the likelihood and/or impact of risk to tolerable levels

B : ess the likelihood and/or impact of risk on the achievement of organizational objectives

C : ess the amount of risk an organization can accept while pursuing its objectives.

D : ess alternative strategies to reduce or eliminate major risks.

Answer: B

Question 2

Which of the following is an example of an application control?

A : Employees in the data center must always wear identification badges.

B : Operating system updates must be installed within 48 hours.

C : A two-stage authentication process must be used to access customer information.

D : System backup and recovery testing must be done monthly.

Answer: C

Question 3

Which of the following topics would a chief audit executive most likely include with their report to the board?

A : status of labor contract negotiations at the largest manufacturing plant.

B : ignificant level of senior management turnover throughout the organization.

C : recent management hire to oversee labor concerns.

D : alyses of recent increases in overtime.

Answer: B

Question 4

Which of the following scenarios violates The IIA’s standard regarding internal audit independence?

A : . The chief audit executive (CAE) reports on the internal audit activity’s day-to-day tasks and responsibilities to the CEO.

B : An assessment of the risk management function is reviewed by an outside consulting firm because the CAE is temporarily fulfilling the role of risk manager.

C : CAE regularly meets with the organization’s chief risk officer, who validates all reported audit findings and dictates which will be included in the package to the audit committee.

D : The internal audit activity will experience staffing shortages for the next six months due to planned and unplanned leaves of absence; therefore, the CAE proposed including fewer audits in the annual audit plan compared to the previous financial year.

Answer: C

Question 5

Regarding the chief audit executive (CAE), which of the following is considered an impairment to the independence of the internal audit activity?

A : CAE reports administratively to the CEO.

B : CAE is asked to submit the liquidation of her travel allowances to human resources for approval.

C : CAE’s supervisor is responsible for the risk management function.

D : CAE is asked to review new procedures before implementation.

Answer: C

Page: 1 / 191

Total 951 Questions | Updated On: Oct 28, 2025

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