Try IIA-CIA-Part1 Exam Valid Dumps with Instant Download Free Updates [Q246-Q262]

QUESTION 246
Performing a monthly analysis of potential duplicate invoices paid to suppliers is an example of which type of fraud control?

QUESTION 247
The largest risks facing an organization should be mitigated by which type of controls?

QUESTION 248
According to the Standards, which of the following is not a responsibility of the audit committee?

QUESTION 249
Which of the following scenarios would represent the greatest threat to the authority of the internal audit activity (IAA)?

QUESTION 250
Which of the following is a typical characteristic of an organization’s risk management framework*?

QUESTION 251
Which of the following is the most common method of fraud detection?

QUESTION 252
Which of the following is not an appropriate role for internal auditors after a disaster occurs?

QUESTION 253
Which of the following offers the best evidence that the internal audit activity has achieved organizational independence?

QUESTION 254
According to IIA guidance, which of the following statements is correct concerning the knowledge, skills, and competencies required to fulfill the responsibilities of the internal audit activity (IAA)?

QUESTION 255
Why is it important for the chief audit executive to periodically review the audit charter and present the results to senior management and the board?

QUESTION 256
Which of the following actions by the internal audit activity requires disclosure to the board of nonconformance with the Standards?

QUESTION 257
According to The MA Global Internal Audit Competency Framework, which of the following areas of training would best assist the internal audit activity in improving its use of tools and techniques?

QUESTION 258
Which of the following represents the correct order of the risk management process?

QUESTION 259
In selecting a team to perform an internal audit of a purchasing operation, which of the following characteristics would not preclude an auditor from being selected?
The auditor’s spouse is employed by the clerical section of the purchasing records unit.
The auditor had been a purchasing agent five years earlier.
The auditor’s family owns a business that regularly sells goods to the organization.
The auditor has received a desk calendar as a promotional gift from a vendor.

QUESTION 260
Which of the following are components of the COSO enterprise risk management framework?
Objective setting.
External environment.
Data collection.
Control activities.

QUESTION 261
An internal auditor has completed an assurance engagement Which of the following is most likely true regarding the engagement?

QUESTION 262
A manufacturer uses improved linkage between order entry, production, and shipping to reduce raw materials and work-in-process inventory. Which type of fraud will these changes likely reduce?