Unparalleled IIA IIA-CRMA Exam Details Pass Guaranteed Quiz

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IIA IIA-CRMA Exam Overview:

Certification Vendor:	The Institute of Internal Auditors (IIA)
Exam Name:	Certification in Risk Management Assurance (CRMA) Exam
Exam Number:	IIA-CRMA
Exam Price:	USD 465 (Member) / USD 610 (Non-member)
Exam Format:	Multiple choice, Categorizing, Multiple response, Hot spot, Scenario item set, Ordering, Fill in the blank, Matching
Exam Duration:	150 minutes
Certificate Validity Period:	N/A
Related Certifications:	Certified Internal Auditor (CIA)
Passing Score:	Scaled score of 600 (approximate) required to pass
Real Exam Qty:	120
Available Languages:	English
Sample Questions:	IIA IIA-CRMA Sample Questions
Exam Way:	Exam administered at authorised Pearson VUE test centers; delivered in computer-based format
Pre Condition:	Eligibility based on education and internal audit/risk work experience; two-year window to complete exam and program requirements
Official Syllabus URL:	https://www.theiia.org/en/certifications/crma/

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IIA-CRMA certification is an excellent way for individuals to demonstrate their proficiency in risk management assurance. Certification in Risk Management Assurance (CRMA) Exam certification is recognized globally, and individuals who earn this certification can showcase their expertise to employers, clients, and peers. The IIA-CRMA Certification demonstrates that an individual has the knowledge and skills necessary to provide assurance on risk management processes, as well as the ability to provide guidance on risk management best practices.

IIA Certification in Risk Management Assurance (CRMA) Exam Sample Questions (Q229-Q234):

NEW QUESTION # 229
Which of the following options is the most cost-effective and efficient way for internal auditors to keep current with the latest developments in the internal audit profession?

A. Pursuing as many professional certifications as possible.
B. Maintaining membership in The HA and similar professional organizations and subscribing to relevant email updates or news feeds.
C. Participating in on-the-job training in various departments of the organization.
D. Attending annual professional conferences and seminars.

Answer: B

NEW QUESTION # 230
Which of the following is a common type of payroll fraud?

A. Unauthorized overtime.
B. Unearned bonuses or commissions.
C. Fictitious employees.
D. Skimming.

Answer: C

NEW QUESTION # 231
Which of the following factors should be considered when determining the appropriate combination of manual techniques and computer-assisted audit techniques (CAATs) to be used during an audit?
1. Acceptance of CAATs findings by entity management.
2. Computer knowledge and expertise of the auditor.
3. Time constraints.
4. Level of audit risk.

A. 1, 2, and 3
B. 2, 3, and 4
C. 1 and 4
D. 2 and 3 only

Answer: B

NEW QUESTION # 232
According to IIA guidance, which of the following individuals would best be considered independent for the purpose of participating in an external assessment of the quality assurance and improvement program for an internal audit activity (IAA)?

A. A competent employee of an independent external organization that provides co-sourcing services to the IAA.
B. A former employee knowledgeable of the IAA who resigned three years earlier from the organization.
C. An employee in an affiliated organization who has never worked directly with the IAA.
D. An employee in the parent organization who has not had any previous contact with the IAA.

Answer: B

NEW QUESTION # 233
What is the purpose of a secondary control?

A. It helps to ensure the completeness and accuracy of automated controls in a system environment.
B. It replaces primary controls that are either ineffective or cannot fully mitigate a risk.
C. It partially reduces the residual risk level when a key control does not operate effectively.
D. lt combines with other controls to help reduce significant risk exposures to an acceptable level.

Answer: D

NEW QUESTION # 234
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