Certified Internal Auditor (CIA) Part 1: Business Acumen Free Practice Exam Questions

231 real Certified Internal Auditor (CIA) Part 1: Business Acumen exam questions with answers and AI explanations. IIA certification prep — page 18 of 24.

1. Question 171: An internal auditor failed to identify transactions between the parent organization and a subsidiary. What is the most likely reason for the failure?
2. Question 172: The internal audit activity conducted an organizationwide risk assessment. One of the most significant risks identified is associated with the oil price market…
3. Question 173: Due to extreme liquid fuel price fluctuations, management decided to designate a specific price below which liquid fuel shall not be sold to customers, but ins…
4. Question 174: According to The IIA's Competency Framework, which competency is considered the mandatory minimum for internal auditors to possess when performing internal aud…
5. Question 175: Which of the following is true about corporate social responsibility (CSR)?
6. Question 176: Which of the following is the strongest red flag for bribery that is usually associated with the rationalization element of the fraud triangle?
7. Question 177: An internal auditor is evaluating the effectiveness of controls in the organization's order-to-cash process. The auditor agrees with the process owner that the…
8. Question 178: The internal audit activity received an urgent request to provide consulting services on the potential impact of tariffs resulting from changes in the organiza…
9. Question 179: The chief audit executive (CAE) is requested to complete an IT engagement within the year. The CAE determines that the internal audit activity does not current…
10. Question 180: An organization's project managers regularly travel to various destinations. Although plane tickets and accommodations are booked and paid for by the organizat…