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IIA-CIA-Part1 Exam Dumps

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Description

Exam Name: Certified Internal Auditor Exam
Exam Code: IIA-CIA-Part1
Related Certification(s): IIA Certified Internal Auditor Certification
Certification Provider: IIA
Actual Exam Duration: 150 Minutes
Number of IIA-CIA-Part1 practice questions in our database: 691
Expected IIA-CIA-Part1 Exam Topics, as suggested by IIA :

  • Module 1: Develop preliminary conclusions regarding controls/ Recognize the importance of organizational independence
  • Module 2: Recognize and mitigate impairments to independence and objectivity/ Process Mapping, Including Flowcharting
  • Module 3: Determine if the required knowledge, skills, and competencies are available/ Maintain independence and objectivity
  • Module 4: Monitor the effectiveness of the quality assurance and improvement program/ Understand organizational independence
  • Module 5: Enhance individual competency through continuing professional development/ Abide by and promote compliance with The IIA Code of Ethics
  • Module 6: Conduct interviews as part of a preliminary survey of the engagement area/ Establish policies to promote objectivity
  • Module 7: Develop and implement an organization-wide risk and control framework/ Understand the knowledge, skills, and competencies that an internal auditor needs to possess
  • Module 8: Promote quality assurance and improvement of the internal audit activity/ Develop and/or procure necessary knowledge, skills and competencies collectively
  • Module 9: Internal Control Framework Characteristics and Use/ Define purpose, authority, and responsibility of the internal audit activity
  • Module 10: Determine if the internal audit activity is properly aligned to achieve organizational independence/ Promote continuing professional development

Description

Exam Name: Certified Internal Auditor Exam
Exam Code: IIA-CIA-Part1
Related Certification(s): IIA Certified Internal Auditor Certification
Certification Provider: IIA
Actual Exam Duration: 150 Minutes
Number of IIA-CIA-Part1 practice questions in our database: 691
Expected IIA-CIA-Part1 Exam Topics, as suggested by IIA :

  • Module 1: Develop preliminary conclusions regarding controls/ Recognize the importance of organizational independence
  • Module 2: Recognize and mitigate impairments to independence and objectivity/ Process Mapping, Including Flowcharting
  • Module 3: Determine if the required knowledge, skills, and competencies are available/ Maintain independence and objectivity
  • Module 4: Monitor the effectiveness of the quality assurance and improvement program/ Understand organizational independence
  • Module 5: Enhance individual competency through continuing professional development/ Abide by and promote compliance with The IIA Code of Ethics
  • Module 6: Conduct interviews as part of a preliminary survey of the engagement area/ Establish policies to promote objectivity
  • Module 7: Develop and implement an organization-wide risk and control framework/ Understand the knowledge, skills, and competencies that an internal auditor needs to possess
  • Module 8: Promote quality assurance and improvement of the internal audit activity/ Develop and/or procure necessary knowledge, skills and competencies collectively
  • Module 9: Internal Control Framework Characteristics and Use/ Define purpose, authority, and responsibility of the internal audit activity
  • Module 10: Determine if the internal audit activity is properly aligned to achieve organizational independence/ Promote continuing professional development

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Q1. Which level of corporate social responsibility does whistleblowing in companies primarily support?

A.Ethical responsibility.

B. Economic responsibility.

C. Legal responsibility.

D. Discretionary responsibility.

Correct Answer: A

Q2. Which of the following circumstances would most likely be considered a potential red flag for fraud by the internal audit activity?

A.The monthly payroll reports are not vetted to ensure terminated employees have been removed from the payroll system.

B. The volume of nonroutine journal entries has steadily increased over time.

C. The database of approved suppliers has not been reviewed in the last year.

D. The recent employee survey indicates that some employees remain unaware of the organization's whistleblower hotline.

Correct Answer: B

Q3. The level of authority for the internal audit activity is granted by which of the following?

A.The chief audit executive.

B. The internal audit charter.

C. The International Professional Practices Framework.

D. The IIA's Code of Ethics.

Correct Answer: B

Q4. According to IIA guidance, which of the following is an appropriate role for the internal audit activity?

A.Coaching management in responding to risks.

B. Implementing risk responses on management's behalf.

C. Imposing risk management processes.

D. Setting the risk appetite.

Correct Answer: A

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