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 4 of 24.

1. Question 31: An engagement manager is reviewing the results of sampling work performed by staff internal auditors. Which interim report statement should immediately give th…
2. Question 32: An audit to test the system of controls over the purchase, distribution, and use of radioactive material is being conducted at a company's plants. The process…
3. Question 33: An internal auditor finds during an engagement that payment for the organization's general insurance policy is two months overdue. The issue is informally ment…
4. Question 34: An auditor for a large wholesaler is evaluating the controls over the approval and oversight of credit sales. Which of the following procedures would be a cont…
5. Question 35: 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. Attend…
6. Question 36: Which of the following audit findings would have the least impact (either positive or negative) on a department's control environment?
7. Question 37: All of the following would normally be involved in preparing for and carrying out the internal audit activity's annual plan except:
8. Question 38: It would be appropriate for an internal audit activity to use consultants with expertise in health-care benefits when the internal audit activity is: I. Conduc…
9. Question 39: An audit of the quality control department is being planned. Which of the following would least likely be used in the preparation of a preliminary survey quest…
10. Question 40: Internal auditors who are concerned with potential risks due to the mishandling of records or transactions should take into consideration: