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Exam Code: IIA-CIA-Part1
Exam Name: Certified Internal Auditor - Part 1, The Internal Audit Activity's Role in Governance, Risk, and Control
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IIA-CIA-Part1 Exam Actual Tests Total Q&A: 566 Questions and Answers
Last Update: 2017-01-21

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NO.1 When using a risk assessment model to develop audit plans,it is essential that the chief audit
executive take into accountthe:
A. Dates of future board meetings.
B. Recent or expected changes in management direction and objectives.
C. Planned visits by the external auditors during the upcoming year.
D. Results of the last audit.
Answer: B

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NO.2 A chief audit executive (CAE) of an international charity reports functionally to the audit
committee of the board of directors and administratively to the charity's chief financial officer(CFO).
Which of the following would impair the internal audit function's independence?
A. The CFO determines the scope of internal audit work in the accounting department.
B. The CFO provides feedback on the CAE's audit reports.
C. The CFO administers the annual evaluation process for the internal auditors.
D. The CFO manages the accounting of the budget for the internal audit function.
Answer: A

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Posted 2017/1/22 9:05:20  |  Category: IIA  |  Tag: IIA-CIA-Part1 Exam Actual TestsIIA-CIA-Part1 Knowledge PointsIIA