IIA IIA-CIA-Part1 Übungsprüfungen
Zuletzt aktualisiert am 23.10.2025- Prüfungscode: IIA-CIA-Part1
- Prüfungsname: CIA Exam Part One: Essentials of Internal Auditing
- Zertifizierungsanbieter: IIA
- Zuletzt aktualisiert am: 23.10.2025
A subsidiary of the organization was preparing for an initial public offering (IPO). At the request of the audit committee, the chief audit executive (CAE) and all senior audit staff were actively involved in the process by helping collect and validate financial data, conducting assessments, and participating in meetings with IPO advisors. Six months later, it became obvious that the IPO had to be canceled. Newly appointed audit committee members requested an assurance engagement that would assess the IPO preparation process.
Which of the following would be the best course of action for the chief audit executive (CAE) to take?
- A . The decision to involve auditors in the IPO was made by former audit committee members; therefore, the CAE is not responsible and can proceed with the new assignment.
- B . The CAE should reject the assignment, as such engagements are beyond the scope of auditors who are usually not familiar with root cause analysis methodology.
- C . The engagement should be undertaken by audit assistants and other junior staff members who were not involved in the IPO process.
- D . The CAE should disclose objectivity limitations to the audit committee and suggest alternatives, such as outsourcing the engagement.
According to the Standards, which of the following demonstrates the proficiency of an internal auditor?
- A . Each internal auditor must hold one or more certifications in the area of fraud and seek out continuing professional development related to fraud detection and fraud investigation.
- B . Each internal auditor must have sufficient knowledge of IT risks and controls, and be able to evaluate the risk of fraud and the manner in which it is managed by the organization.
- C . Each internal auditor on the engagement team must possess the same level of knowledge, skills, and other competencies as other auditors on the engagement team.
- D . Each internal auditor must be paired, by the chief audit executive, with an individual who possesses the knowledge, skills, or other competencies required to complete the audit.
Which of the following situations best describes an internal auditor who may have violated the IIA Code of Ethics principle of confidentiality?
- A . The auditor intentionally omitted from his resume that he was fired from his previous job for fraud allegations,
- B . The auditor decided not to notify her supervisor that her brother-in-law was responsible for the project the auditor was expected to evaluate.
- C . The auditor asked the audit client to copy requested files to her personal unencrypted memory stick because it was faster and more convenient.
- D . The auditor was assigned to analyze the organization’s incentive program and spent long hours reviewing other employees’ bonuses,
Which of the following should be part of the internal audit activity’s duties?
- A . Actively reporting to the governing body.
- B . Providing risk management frameworks.
- C . Assisting management in developing processes and controls to manage risks and issues.
- D . Identifying and mitigating significant risks to the organization.
When dealing with various stakeholders which of the following is true regarding an internal auditor’s responsibility to remain objective and independent?
- A . When deciding between conflicting reports of a control’s performance from a control operator and the operator’s manager the internal auditor should generally believe the manager
- B . Some audit issues may remain unremediated and unreported if management will accept recommendations that the internal auditor deems more important
- C . The internal auditor may initially disagree with management s acceptance of a risk, but reevaluate and agree with management’s judgment after further discussion
- D . When working on business unit audits it is sometimes sufficient for the internal auditor to report deficiencies only to the unit manager when remediation is not complex
Which of the following is an example of a risk avoidance strategy?
- A . Outsourcing the payroll function
- B . Installing cameras in the mailroom
- C . Exiting a product line
- D . Insuring all fixed assets
Which of the following actions should the audit committee take to promote organizational independence for the internal audit activity?
- A . Delegate final approval of the risk-based internal audit plan to the chief audit executive (CAE).
- B . Approve the annual budget and resource plan for the internal audit activity.
- C . Assist the CAE with hiring objective and competent internal audit staff.
- D . Encourage the CAE to communicate and coordinate with the external auditor.
Which of the following is a true statement regarding environmental, social, and governance (ESG) and corporate social responsibility (CSR)?
- A . Sustainability disclosure is evolving around the world.
- B . Having a CSR program also means decreased revenue and increased costs.
- C . Organizations with ESG programs have lower performance due to the necessity to focus on sustainability as well.
- D . Sustainability reporting focuses solely on the environmental and social performance of an organization’s activities.
Which of the following best describes the board’s role in establishing effective organizational governance?
- A . The board is involved in approving operational policy
- B . The board monitors key processes and procedures
- C . The board has oversight responsibility for organizational resources
- D . The board approves management’s detailed plans and objectives
The same internal auditor has audited the regional purchasing department annually for the last three years. The audits have shown several significant control deficiencies that have not been corrected by management. New management is in charge of this regional purchasing department, and it is time to audit the department again.
What concerns should be considered prior to assigning the audit to the same auditor?
- A . Intimidation threats may compromise the auditor’s objectivity due to multiple negative audit reports completed by the auditor.
- B . The auditor has reviewed the department annually for the last three years, leading to familiarity, which can impact the internal audit activity’s independence.
- C . A negative cognitive bias may be in place that affects the employee’s objectivity due to the recent audits with uncorrected control deficiencies.
- D . The auditor may have formed a cultural bias, as the department under review is in the auditor’s geographic area.