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IIA-CRMA exam is designed for individuals who have experience in risk management assurance or internal auditing. IIA-CRMA Exam consists of 100 multiple-choice questions and is three hours long. IIA-CRMA exam covers four domains: Risk Management Governance, Risk Management Assurance, Risk Management Process, and Principles of Risk Management. Individuals who pass the IIA-CRMA exam can earn the certification and become part of a global community of risk management professionals.

The CRMA certification is highly valued by employers, as it provides evidence of an individual's skills and knowledge in risk management assurance. Certification in Risk Management Assurance (CRMA) Exam certification is recognized globally and is a valuable asset for professionals seeking to advance their careers in internal auditing, risk management, or corporate governance. The CRMA certification is also a prerequisite for some advanced certifications, such as the Certified Internal Auditor (CIA) or the Certification in Control Self-Assessment (CCSA).

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To be eligible for the IIA-CRMA Certification Exam, candidates must have a minimum of two years of experience in risk management assurance or related field. Candidates must also have a bachelor's degree or higher from an accredited institution or an equivalent professional certification. The IIA also offers a waiver for candidates who hold a CIA (Certified Internal Auditor) certification.

IIA Certification in Risk Management Assurance (CRMA) Exam Sample Questions (Q207-Q212):

NEW QUESTION # 207
Which of the following best describes the misdirection of payments on accounts receivable to an employee's bank account?

A. Fraud on the balance sheet.
B. Fraud off the books.
C. Fraud hidden on the books.
D. Fraud open on the books.

Answer: B

NEW QUESTION # 208
According to IIA guidance, the results of a formal quality assessment should be reported to which of the following groups?

A. The audit committee and the external auditors.
B. The audit committee and senior management.
C. Senior management and the external auditors.
D. Senior management and management of the audited area.

Answer: B

NEW QUESTION # 209
According to IIA guidance, which of the following roles would be appropriate for an internal auditor regarding fraud risk?
1. Identification.
2. Mitigation.
3. Remediation.
4. Reduction.

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

Answer: B

NEW QUESTION # 210
An organization has implemented a software system that requires a supervisor to approve transactions that would cause treasury dealers to exceed their authorized limit. This is an example of which of the following types of controls?

A. Preventive controls.
B. Soft controls.
C. Detective controls.
D. Directive controls.

Answer: A

NEW QUESTION # 211
Which of the following types of fraud includes embezzlement?

A. Bribery.
B. Misappropriation of assets.
C. Fraudulent statements.
D. Corruption.

Answer: B

NEW QUESTION # 212
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