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IIA IIA-CRMA Exam Overview:
| Certification Vendor: | The Institute of Internal Auditors (IIA) |
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| Exam Name: | Certification in Risk Management Assurance (CRMA) Exam |
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| Exam Number: | IIA-CRMA |
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| Exam Format: | Matching, Hot spot, Fill in the blank, Ordering, Multiple response, Multiple choice, Categorizing, Scenario item set |
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| Certificate Validity Period: | N/A |
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| Passing Score: | Scaled score of 600 (approximate) required to pass |
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| Available Languages: | English |
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| Exam Duration: | 150 minutes |
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| Related Certifications: | Certified Internal Auditor (CIA) |
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| Exam Price: | USD 465 (Member) / USD 610 (Non-member) |
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| Real Exam Qty: | 120 |
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| Sample Questions: | IIA IIA-CRMA Sample Questions |
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| Exam Way: | Exam administered at authorised Pearson VUE test centers; delivered in computer-based format |
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| Pre Condition: | Eligibility based on education and internal audit/risk work experience; two-year window to complete exam and program requirements |
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| Official Syllabus URL: | https://www.theiia.org/en/certifications/crma/ |
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IIA-CRMA certification focuses on the principles and practices of risk management assurance, which includes identifying, assessing, and managing risks. IIA-CRMA Exam covers topics such as risk assessment, risk management frameworks, risk monitoring, and reporting. Certification in Risk Management Assurance (CRMA) Exam certification is designed for individuals who are involved in risk management, compliance, and audit functions.
IIA Certification in Risk Management Assurance (CRMA) Exam Sample Questions (Q238-Q243):
NEW QUESTION # 238
Which type of objectives can best be described as broad goals that promote the effective and efficient use of resources?
- A. Reporting objectives.
- B. Compliance objectives.
- C. Operational objectives.
- D. Strategic objectives.
Answer: C
NEW QUESTION # 239
A credit card company detects potential errors in credit card numbers by checking whether all entered numbers contain the correct amount of digits. This is an example of which of the following IT controls?
- A. Logic test.
- B. Data integrity tests.
- C. Balancing control activities.
- D. Check digits.
Answer: A
NEW QUESTION # 240
With regard To IT governance, which of the following is the most effective and appropriate role for the internal audit activity?
- A. Assess whether governance activities are aligned with the organization's risk appetite and take into consideration emerging risks.
- B. Independently evaluate the skills and experience of potential chief information officer candidates to assess the best fit based on the organization's risk appetite.
- C. Evaluate the organization's governance standards and assess IT-related activities to identify gaps and develop policies, ensuring alignment with the organization's risk appetite.
- D. Assist management in interpreting complex IT-related privacy and security risk exposures and evaluating potential mitigation strategies.
Answer: A
NEW QUESTION # 241
Which of the following would be considered a preventive control?
- A. A review of exception reports.
- B. A software scan of financial records for irregularities.
- C. A password lock on a server.
- D. A library control log.
Answer: C
NEW QUESTION # 242
An organization is facing a financial downturn and needs to impose major budget reductions to all departments. According to MA guidance, which of the following actions is most appropriate for the board to take to evaluate the potential impact on the internal audit activity?
- A. Ask management to determine which internal audit engagements are lower risk and could be considered for removal from the annual audit plan.
- B. Ask appropriate stakeholders for their opinion on the potential impacts of reducing the scope of the internal audit plan.
- C. Ask The human resources department to determine how the annual compensation and salary of the audit staff could be adjusted to achieve savings.
- D. Ask the chief audit executive to determine whether budgetary limitations impede the ability of the internal audit activity to execute its responsibilities.
Answer: D
NEW QUESTION # 243
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