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IIA IIA-CIA-Part1 Exam Syllabus Topics:

SectionObjectives
Independence and Objectivity- Individual objectivity and impairment
- Organizational independence
Quality Assurance and Improvement Program (QAIP)- Internal quality assessments
- External quality assessments
- Continuous improvement of internal audit function
Proficiency and Due Professional Care- Competence and skills requirements
- Due professional care in engagements
Foundations of Internal Auditing- Internal audit role in governance, risk, and control
- IIA Standards and Code of Ethics overview
- Internal audit definition, purpose, and value

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IIA Internal Audit Fundamentals Sample Questions (Q848-Q853):

NEW QUESTION # 848
A newly hired internal auditor is most likely to need further education in the area of business acumen in which of the following situations?

Answer: B


NEW QUESTION # 849
Which of the following internal control weaknesses would an auditor most likely detect while reviewing a flowchart that depicts the purchasing function of an organization?

Answer: A

Explanation:
Section: Volume A
Explanation


NEW QUESTION # 850
An internal auditor at a multinational organization is reviewing the effectiveness of the organization's risk management framework. In this scenario, which of the following statements is true?

Answer: D


NEW QUESTION # 851
While conducting an audit, an internal auditor notices an unusual increase in sales among a small number of units within the organization. The units also experienced persistent negative cash flows despite reported earnings and earnings growth. Which type of fraud do the auditor's findings most likely indicate?

Answer: C


NEW QUESTION # 852
Which of the following would be the most important consideration by the internal audit activity when selecting employees to perform an internal quality assessment?

Answer: D


NEW QUESTION # 853
......

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