IIA IIA Certifications IIA-CIA-PART1 Questions & Answers

• Question 331:

  One of an organization's quality objectives is to reduce the amount of rework needed in the production cycle.

  Which of the following controls would be the least effective in achieving this objective?

  A. Machinery is routinely maintained to avoid production malfunctions.

  B. Employees are rewarded for suggestions that lead to quality improvements.

  C. Quality inspectors are assigned to identify any defects in the finished product.

  D. Daily reconciliations are performed between finished goods and the number of rejects.

  Correct Answer: D

• Question 332:

  Which of the following are acceptable resources for a chief audit executive to use when developing a staffing plan?

  1.

  Co-sourcing arrangements.

  2.

  Employees from other areas of the organization.

  3.

  The organization's external auditors.

  4.

  The organization's audit committee members.

  A. 1 only

  B. 1 and 2 only

  C. 2 and 3 only

  D. 1, 2, and 4 only

  Correct Answer: B

• Question 333:

  Which of the following would most likely function as a detective control?

  A. Security dogs.

  B. Alert employees.

  C. Insurance claims.

  D. Cycle counts.

  Correct Answer: D

• Question 334:

  Which of the following is the best example of a strategic objective?

  A. Opening a new product line.

  B. Adhering to laws and regulations.

  C. Attaining a specified sales target.

  D. Safeguarding assets.

  Correct Answer: A

• Question 335:

  A daily log of treasury dealers who exceeded their authorized limits serves as a:

  A. Preventive control.

  B. Detective control.

  C. Feed-forward control.

  D. Directive control.

  Correct Answer: B

• Question 336:

  In order to use "Conducted in accordance with the International Standards for the Professional Practice of Internal Auditing, " an internal audit activity must:

  A. Satisfy all requirements of the International Professional Practices Framework during each internal audit engagement.

  B. Complete an external assessment of quality assurance to demonstrate compliance with the Standards.

  C. Establish a continuous quality assurance and improvement program.

  D. Have its charter reviewed and approved by management and the board.

  Correct Answer: B

• Question 337:

  An organization that outsources much of its internal audit work to an external service provider is planning for an external quality assessment. Which of the following options would accomplish this task and be in conformance with the Standards?

  A. Engaging an external industry associate that performed a similar review for a supplier of the organization.

  B. Selecting a team from an independent entity that previously employed the chief audit executive of the organization.

  C. Using a team under the direction of the organization's chief audit executive, and obtaining validation from a former manager of the internal audit activity.

  D. Using the same external service provider because of its competency and experience with the organization.

  Correct Answer: A

• Question 338:

  Which of the following would be a violation of the objectivity of a certified internal auditor?

  1.

  Accepting a motivational book from a major vendor.

  2.

  Attending a professional sporting event as the guest of a corporate supplier.

  3.

  Performing an internal audit engagement for a division 18 months after having controllership responsibility for that division.

  4.

  Designing and implementing a corporate-wide utilities cost containment program.

  A. 1 and 3 only

  B. 2 and 3 only

  C. 2 and 4 only

  D. 1, 3, and 4 only

  Correct Answer: C

• Question 339:

  Which of the following is the most appropriate outcome measure for assessing safety operations?

  A. Number of inspections conducted.

  B. Tests made of equipment.

  C. Reduction in machine down time due to accidents.

  D. Number of operations observed.

  Correct Answer: C

• Question 340:

  Which of the following internal auditor attributes are affected by a conflict of interest?

  A. Independence and authority.

  B. Authority and proficiency.

  C. Independence and objectivity.

  D. Objectivity and due professional care.

  Correct Answer: C