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To stay updated and competitive in the market you have to upgrade your skills and knowledge level. Fortunately, with the Certification in Risk Management Assurance (CRMA) Exam (IIA-CRMA) certification exam you can do this job easily and quickly. To do this you just need to pass the Certification in Risk Management Assurance (CRMA) Exam (IIA-CRMA) certification exam. The Certification in Risk Management Assurance (CRMA) Exam (IIA-CRMA) certification exam is the top-rated and career advancement IIA IIA-CRMA certification in the market.

IIA-CRMA (Certification in Risk Management Assurance) Exam is a certification test designed for professionals who are responsible for providing risk management assurance. IIA-CRMA Exam is created by the Institute of Internal Auditors (IIA) to help candidates demonstrate their competence and expertise in risk management.

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IIA Certification in Risk Management Assurance (CRMA) Exam Sample Questions (Q204-Q209):

NEW QUESTION # 204
An internal audit activity is using the auditing-by-element approach to audit the organization's controls around corporate social responsibility. Which of the following would be an element for the internal audit activity to consider?

A. Working conditions.
B. Employees' families.
C. Marketplace competition.
D. Shareholders and investors.

Answer: B

NEW QUESTION # 205
An auditor identifies three errors in the sample of 25 entries selected for review (a 12 percent error rate).
Based on this result, the auditor assumes that approximately 59 of the total population of 492 entries are incorrect. To reach this assumption, the auditor has used a technique known as which of the following?

A. Variability tolerance.
B. Stratification.
C. Ratio estimation.
D. Acceptance sampling.

Answer: C

NEW QUESTION # 206
An auditor in charge was reviewing the workpapers submitted by a newly hired internal auditor. She noted that the new auditor's analytical work did not include any rating or quantification of the risk assessment results, and she returned the workpapers for correction. Which section of the workpapers will the new auditor need to modify?

A. Cause section.
B. Condition section.
C. Criteria section.
D. Effect section.

Answer: D

NEW QUESTION # 207
A large trucking organization wants to reduce traffic accidents by improving its system of internal controls.
Which of the following controls is correctly classified?
1. Review of speeding violations to identify repetitive locations and drivers is an example of a preventive control.
2. Defensive driver training is an example of a directive control.
3. The installation of tracking devices in delivery vehicles is an example of a corrective control.
4. Providing a vehicle driver handbook is an example of a detective control.

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

Answer: A

NEW QUESTION # 208
According to IIA guidance, which of the following is an area in which the internal auditor should be proficient?

A. Internal audit standards, procedures, and techniques.
B. Computerized information systems.
C. Fundamentals of accounting, economics, and finance.
D. Management principles.

Answer: A

NEW QUESTION # 209
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