IIA-CIA-Part1 Exam Question 46
What information should the internal quality assessment of the internal audit activity communicate to the chief audit executive?
IIA-CIA-Part1 Exam Question 47
Which of the following would most likley be considered a red flag for fraud?
IIA-CIA-Part1 Exam Question 48
Prior to commencing a financial compliance engagement, the engagement supervisor reads the business plan for the finance department and meets informally with the director to learn more about any key issues. Which of the following competencies is the engagement supervisor demonstrating?
IIA-CIA-Part1 Exam Question 49
Which of the following best ensures the independence of the internal audit activity?
1.The CEO and audit committee review and endorse any changes to the approved audit plan on an annual basis.
2.The audit committee reviews the performance of the chief audit executive (CAE) periodically.
3.The internal audit charter requires the CAE to report functionally to the audit committee.
1.The CEO and audit committee review and endorse any changes to the approved audit plan on an annual basis.
2.The audit committee reviews the performance of the chief audit executive (CAE) periodically.
3.The internal audit charter requires the CAE to report functionally to the audit committee.
IIA-CIA-Part1 Exam Question 50
An internal auditor for a large bank is reviewing the collectability of a loan that is secured by real property.
The best evidence of the loan's collectability would be:
The best evidence of the loan's collectability would be: