Free IIA IIA-CIA-Part1 Exam Questions

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

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Total 951 Questions | Updated On: Apr 29, 2025

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Question 1

An employee is more likely to commit fraud if which of the following red flags are present?

1. The employee believes that he is being underpaid and deserves a higher salary.

2. The employee is close to retirement and has expressed a desire to take an expensive trip around the world.

3. The employee has personal financial problems and seems very unhappy.

4. The employee is spending much more time at the office than usual and has been asking about opportunities for professional advancement.

A : 1 and 2 only

B : 1 and 3 only

C : 3 and 4 only

D : 2 and 4 only

Answer: B

Question 2

An organization's sales professionals are potentially abusing the use of cellular phones, resulting in an alarming increase in telephone expenses. Which of the following controls is least likely to curb this abuse?

A : veloping periodic reports to management that show type, length, and number of calls per sales professional, with related totals and comparisons.

B : quiring sales professionals to pay monthly cellular phone bills and subsequently submit only business calls for reimbursement using an expense report process.

C : quiring sales managers to approve monthly bills prior to payment, explain budget variances, and explain increases from previous periods.

D : quiring authorization of the cellular phone bill payment by the manager of the telecommunications department.

Answer: D

Question 3

Which of the following would not be a factor for senior management to consider when determining the internal audit activity's role in an organization's risk management process?

A : extent to which the internal audit activity is outsourced.

B : maturity level of risk management practices in the organization.

C : competency of the internal auditors in risk management.

D : nature of the business and the environment in which the organization operates.

Answer: A

Question 4

According to IIA guidance, the nature and scope of assurance and consulting services to be offered must be clearly delineated in which of the following internal audit documents?

A : internal audit policies and procedures handbook.

B : internal audit charter.

C : internal audit mission statement.

D : ch internal audit engagement letter.

Answer: B

Question 5

Which of the following is a component of the internal audit value proposition endorsed by IIA guidance?

A : ight

B : dependence

C : tegrity

D : mpetency

Answer: A

Page: 1 / 191

Total 951 Questions | Updated On: Apr 29, 2025

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