CIA|Certified Internal Auditor | Tests Bundle Set

Corporate Values Correct Answer-An organizations standards of behavior. Corrective Controls Correct Answer-IT controls that are used once errors, fraud, or other control issues have been detected. Input controls Correct Answer-A type of control intended to prevent computer errors by controllin...

Mission of Internal Audit Correct Answer-To enhance and protect organizational value by providing risk-based and objective assurance, advice, and insight. Core Principles for the Professional Practice of Internal Auditing Correct Answer-Demonstrates integrity. Demonstrates competence and due pro...

When an internal auditor identifies multiple factors that have been linked with possible fraudulent conditions and suspects that fraud has taken place, the auditor should Correct Answer-Recommend an investigation. An internal auditor who encounters an ethical dilemma not explicitly addressed by T...

certified internal audit exam questions with correct answers

Governance process objectives Correct Answer-1. Promoting appropriate ethics and values within the organization. 2. Ensuring effective organizational performance management and accountability. 3. Communicating risk and control information to appropriate areas of the organization. 4. Coordinating ...

What are the three components of the internal audit value proposition set forth by the IIA Correct Answer-assurance, insight and objectivity how does the IIA define internal auditing Correct Answer-is an independent, objective assurance and consulting activity designed to add value and improve an...

Assessing individual objectivity of internal auditors is the responsibility of A. The chief executive officer. B. The board. C. The audit committee. D. The chief audit executive. Correct Answer-D An internal auditor working for a chemical manufacturer believed that toxic waste was being dumpe...

Internal Audit Chapter 1 questions with correct answers

Internal auditors must be ________ and ________ in performing their work. Correct Answer-independent; objective Independence: Organizational attribute of the _________ _________ activity as a whole. Correct Answer-internal audit Independence is the freedom from conditions that threaten the abi...

Definition of Internal Auditing: Internal Auditing is an _____, _____ assurance and consulting activity designed to ______ and ______ an organization's operations. It helps an organization accomplish its ______ by bringing a systematic, disciplined approach to evaluate and improve the effective...

1. Which of the following are components of the definition of internal auditing? a. Independence and Objectivity b. A systematic and disciplined approach c. Helping the organization accomplish its objectives d. All of the above Correct Answer-d. All of the above 2. Assurance, Insight, and O...

Q: Which core principle of The IIA's Code of Ethics do the following actions violate? The internal auditor assumes operational duties on a temporary basis. The internal auditor performs an audit in a department managed by the auditor's father. The internal auditor managed the department being a...

During the first quarter of the 20th century, the major objective of internal auditors was the: a) issuance of audit opinions similar to those now issued by CAs. b) evaluation of internal controls. c) protection of assets and detection of fraud. d) assistance to management. Correct Answer-C ...

is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish objectives by bringing systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and gover...