VALID IIA-CIA-PART1 TEST COST & IIA-CIA-PART1 RELIABLE TEST GUIDE

Valid IIA-CIA-Part1 Test Cost & IIA-CIA-Part1 Reliable Test Guide

Valid IIA-CIA-Part1 Test Cost & IIA-CIA-Part1 Reliable Test Guide

Blog Article

Tags: Valid IIA-CIA-Part1 Test Cost, IIA-CIA-Part1 Reliable Test Guide, IIA-CIA-Part1 Instant Access, Dumps IIA-CIA-Part1 Guide, Examcollection IIA-CIA-Part1 Questions Answers

P.S. Free & New IIA-CIA-Part1 dumps are available on Google Drive shared by Lead2PassExam: https://drive.google.com/open?id=1gNl2GPv4pIe0Ibpm2H3KzVHcxNopBga6

IIA-CIA-Part1 exam dumps save your study and preparation time. Our experts have added hundreds of Essentials of Internal Auditing (IIA-CIA-Part1) questions similar to the real exam. You can prepare for the Essentials of Internal Auditing (IIA-CIA-Part1) exam dumps during your job. You don't need to visit the market or any store because Lead2PassExam Essentials of Internal Auditing (IIA-CIA-Part1) exam questions are easily accessible from the website.

The clients can download our IIA-CIA-Part1 exam questions and use our them immediately after they pay successfully. Our system will send our IIA-CIA-Part1 learning prep in the form of mails to the client in 5-10 minutes after their successful payment. The mails provide the links and if only the clients click on the links they can log in our software immediately to learn our IIA-CIA-Part1 Guide materials. It is fast and convenient!

>> Valid IIA-CIA-Part1 Test Cost <<

IIA-CIA-Part1 Reliable Test Guide & IIA-CIA-Part1 Instant Access

In order to save you a lot of installation troubles, we have carried out the online engine of the IIA-CIA-Part1 latest exam guide which does not need to download and install. This kind of learning method is convenient and suitable for quick pace of life. But you must have a browser on your device. Also, you must open the online engine of the study materials in a network environment for the first time. In addition, the IIA-CIA-Part1 Study Dumps don’t occupy the memory of your computer. When the online engine is running, it just needs to occupy little running memory. At the same time, all operation of the online engine of the IIA-CIA-Part1 training practice is very flexible as long as the network is stable.

Passing the IIA-CIA-Part1 exam is a requirement for obtaining the CIA certification. Essentials of Internal Auditing certification is highly regarded in the field of internal auditing and is recognized globally. Achieving CIA certification demonstrates a commitment to professionalism, excellence, and ongoing professional development. It also enhances an internal auditor's credibility and opens up new opportunities for career advancement.

IIA-CIA-Part1 exam covers a wide range of topics related to internal auditing. IIA-CIA-Part1 exam includes questions on internal audit basics, risk management, governance, fraud, and other related topics. IIA-CIA-Part1 exam is designed to test the knowledge and skills required for internal auditors to effectively perform their duties.

To be eligible for the IIA-CIA-Part1 Exam, candidates must have a minimum of two years of work experience in internal auditing or a related field. IIA-CIA-Part1 exam consists of 125 multiple-choice questions and must be completed within two and a half hours. It covers six domains, including governance and risk management, organizational structure and business processes, communication, management and leadership principles, IT and business continuity, and financial management. Upon passing the Essentials of Internal Auditing exam, candidates will be well-prepared to advance their careers in internal auditing and take on more challenging roles within their organizations.

IIA Essentials of Internal Auditing Sample Questions (Q383-Q388):

NEW QUESTION # 383
Which of the following is an example of a preventive control activity for risk related to pollution caused by waste disposal?

  • A. Maintaining strict security around environmental department files.
  • B. Taking periodic samples of the area at risk and logging the results.
  • C. Seeking legal consultation from a firm with experience in environmental law.
  • D. Offering an education program delivered by environmental experts.

Answer: D

Explanation:
Section: Volume D


NEW QUESTION # 384
Upon completion of an external assessment as part of the quality assurance and improvement program (QAIP), the chief audit executive (CAE) reported the results to senior management and the board The CAE included the following elements in the report
- Qualifications and independence of me external assessment team
- Conclusions of assessors
- Corrective action plans
How should the CAE improve the aforementioned approach to reporting the resets of QAIP?

  • A. The report can be streamlined by removing unnecessary information such as the qualifications and me independence of external assessors
  • B. The results must be snared with the external a auditors as well, so they can determine the extent to which they can rely on me work of the internal audit activity
  • C. The report should indicate that the external assessment must be performed at least once every five years
  • D. Senior management should be excluded from the reporting as the QAiP results must be communicated to re board only

Answer: C


NEW QUESTION # 385
An internal auditor is testing, on a sample basis, whether invoices paid between January 1 and December 31 are supported by appropriately approved purchase orders. Over 25, 000 invoices were paid during the fiscal year, which runs from the first of April to the end of March. The auditor sets the acceptable risk of assessing control risk too low at 5% and the tolerable deviation rate at
5%. The internal auditor consults the previous audit and sets the expected population deviation rate at 1%. Sample size (77) is selected from a table and rounded up to 80. No sample deviations were found. The upper deviation limit was 3.7%.
Which of the following statements represents a valid conclusion regarding this information?

  • A. I am 95% confident that the true, but unknown, population deviation rate is less than or equal to
    3.7%. The quantitative attribute testing results indicate that the control is effective.
  • B. I am 95% confident that the true, but unknown, population deviation rate is less than or equal to
    3.7%. The quantitative attribute testing results indicate that the
  • C. I am 95% confident that the true, but unknown, population deviation rate is less than or equal to
    3.7%. Results indicated that the sample size was too small, as no sample deviations were found.
  • D. I am 95% confident that the actual population deviation rate is 3.7%. Since this is less than the tolerable deviation rate, quantitative attribute testing results indicate that the control is effective.

Answer: A


NEW QUESTION # 386
An internal audit team received the following feedback from operational management via a post-engagement survey "Management agrees with all audit findings However, the audit team did not consider our input on the best way to resolve the issues" This feedback is an indication that the internal audit activity may need to improve which of the following interpersonal skills?

  • A. Conflict management
  • B. Communication
  • C. Influence
  • D. Leadership

Answer: B

Explanation:
The feedback from operational management highlights a lack of effective communication. While the internal audit team effectively communicated the audit findings, they failed to adequately consider and integrate management's input on resolving the issues. Improving communication skills would help the internal audit team to better engage stakeholders throughout the audit process and integrate their perspectives into the audit recommendations effectively.References: The Institute of Internal Auditors (IIA) - Competency Framework for Internal Auditors


NEW QUESTION # 387
During an audit engagement of a large retail store, internal auditors noted significant discrepancies between available inventory and sales and suspect an abuse of cash register refunds and voids. Which of the following would be the most effective preventative control to reduce these losses?

  • A. Ensure that returned merchandise is restocked to shelves or sent to the manufacturer by an independent employee.
  • B. Analyze voids and refunds by employee, credit card number, and amount for unusual numbers, amounts, or patterns.
  • C. Require that a manager use a reserved register code to approve voids or refunds.
  • D. Call a sample of customers who returned merchandise to test the legitimacy of the returns and check refund amounts.

Answer: C

Explanation:
The most effective preventative control to reduce losses due to discrepancies between inventory and sales, suspected to arise from the abuse of cash register refunds and voids, would be to require a manager to use a reserved register code to approve voids or refunds. This control introduces a level of oversight and accountability, ensuring that refunds and voids are legitimately and appropriately authorized, thereby reducing the likelihood of fraudulent activities.References: Institute of Internal Auditors (IIA) - International Professional Practices Framework (IPPF)


NEW QUESTION # 388
......

Certificate is not only an affirmation for the professional ability, but also can improve your competitive force in the job market. IIA-CIA-Part1 training materials will help you pass the exam just one time. IIA-CIA-Part1 exam materials are high quality and accuracy, due to we have a professional team to collect the latest information for the exam. We are pass guarantee and money back guarantee if you fail to pass the exam, and the money will be returned to your payment account. IIA-CIA-Part1 Exam Dumps have free update for one year, that is to say, in the following year, you can get the latest version for free.

IIA-CIA-Part1 Reliable Test Guide: https://www.lead2passexam.com/IIA/valid-IIA-CIA-Part1-exam-dumps.html

What's more, part of that Lead2PassExam IIA-CIA-Part1 dumps now are free: https://drive.google.com/open?id=1gNl2GPv4pIe0Ibpm2H3KzVHcxNopBga6

Report this page