Jon Hunt Jon Hunt's Profile Page

Jon Hunt Jon Hunt

0 Course Enrolled • 0 Course Completed

Biography

IIA - Accurate IIA-CIA-Part1 Practice Tests

DOWNLOAD the newest BraindumpQuiz IIA-CIA-Part1 PDF dumps from Cloud Storage for free: https://drive.google.com/open?id=1UiKs6T62Dn1_x7wibejkI0F5aN0WCg3N

Market is a dynamic place because a number of variables keep changing, so is the practice materials field of the IIA-CIA-Part1 practice exam. Our IIA-CIA-Part1 exam dumps are indispensable tool to pass it with high quality and low price. By focusing on how to help you effectively, we encourage exam candidates to buy our IIA-CIA-Part1 practice test with high passing rate up to 98 to 100 percent all these years. Our IIA exam dumps almost cover everything you need to know about the exam. As long as you practice our IIA-CIA-Part1 Test Question, you can pass exam quickly and successfully. By using them, you can not only save your time and money, but also pass IIA-CIA-Part1 practice exam without any stress.

IIA IIA-CIA-Part1 (Essentials of Internal Auditing) Exam is a certification exam designed for individuals who are interested in pursuing a career in internal auditing or are already working in the field. IIA-CIA-Part1 exam is created and administered by the Institute of Internal Auditors (IIA), a global professional association dedicated to providing education, certification, and guidance for internal auditors.

>> IIA-CIA-Part1 Practice Tests <<

IIA-CIA-Part1 Latest Test Guide | IIA-CIA-Part1 Valid Test Vce Free

We attract customers by our fabulous IIA-CIA-Part1 certification material and high pass rate, which are the most powerful evidence to show our strength. We are so proud to tell you that according to the statistics from our customers’ feedback, the pass rate of our IIA-CIA-Part1 exam questions among our customers who prepared for the exam with our IIA-CIA-Part1 Test Guide have reached as high as 99%, which definitely ranks the top among our peers. Hence one can see that the IIA-CIA-Part1 learn tool compiled by our company are definitely the best choice for you.

IIA-CIA-Part1 (Essentials of Internal Auditing) certification exam is an important step for anyone interested in a career in internal auditing. It tests a candidate's understanding of the fundamental principles and practices of internal auditing and is widely recognized as a mark of excellence in the field. Passing the exam and earning the CIA designation can help professionals advance their careers and achieve greater success in the field of internal auditing.

IIA-CIA-Part1 (Essentials of Internal Auditing) certification exam is an essential certification for internal auditors worldwide. IIA-CIA-Part1 Exam is conducted by the Institute of Internal Auditors (IIA), which is a global organization that provides professional certification, education, research, and guidance for internal auditors. The IIA-CIA-Part1 certification exam ensures that internal auditors have the necessary understanding of the fundamental principles of internal auditing and the related concepts that support and enhance its practice.

IIA Essentials of Internal Auditing Sample Questions (Q380-Q385):

NEW QUESTION # 380
To develop greater internal auditing expertise, the chief audit executive (CAE) has been assigning the same relatively inexperienced team of internal auditors to a series of engagements spanning several months. Is this practice consistent with the Standards?

A. Yes. The CAE is promoting the professional development of the staff.
B. No. The team should collectively possess the competencies appropriate for the engagements.
C. No. Teams should be comprised of both experienced and inexperienced auditors.
D. Yes. The experience will quickly build specialized skills and competencies.

Answer: B

NEW QUESTION # 381
What is the ultimate goal of establishing a robust risk management framework in an organization?

A. To ensure that the organization attains a better financial position.
B. To assist the organization in identifying and mitigating key risks.
C. To facilitate the organization's achievement of business goals and objectives.
D. To support the organization's risk culture, involving employees at all levels.

Answer: C

Explanation:
The ultimate goal of establishing a robust risk management framework in an organization is to facilitate the achievement of the organization's business goals and objectives. A comprehensive risk management framework helps identify, assess, and mitigate risks that could impede the organization's ability to achieve its strategic objectives, ensuring that risks are managed in a way that supports the organization's overall mission and goals.
The IIA Standards: Standard 2120 - Risk Management: "The internal audit activity must evaluate the effectiveness and contribute to the improvement of risk management processes." COSO Framework: Emphasizes that the purpose of risk management is to help organizations achieve their objectives and enhance performance through effective risk management practices.

NEW QUESTION # 382
A manufacturer uses a materials requirements planning (MRP) system to track inventory,orders,and raw materials requirements. What condition should an auditor search for in the MRP database if a preliminary assessment indicated that inventory is understated?
I.Item cost set at zero.
II.Negative quantities on hand.
III.Order quantity exceeding requirements.
IV.Inventory lead times exceeding delivery schedule.

A. III and IVonly
B. I and IIonly
C. II and IVonly
D. I and IVonly

Answer: B

NEW QUESTION # 383
An internal auditor creates a professional development plan to obtain more experience in the organization's environmental, social, and corporate governance initiatives. Which of the following would the auditor include in the plan to support these objectives?

A. A plan to perform a variety of engagements to develop general skills that could be used to assess environmental, social, and governance initiatives.
B. A request to attend the organization's committee meeting that is focused on strategic community awareness.
C. A deadline within the individual development plan to meet the overall engagement objectives.
D. A plan to study for and obtain a certification in nonprofit management.

Answer: B

Explanation:
To gain experience in environmental, social, and corporate governance (ESG) initiatives, the internal auditor would benefit most from direct exposure to the organization's strategic discussions and decisions related to these areas. Attending committee meetings focused on strategic community awareness will provide the auditor with insights into current ESG practices, challenges, and strategic goals. This involvement will enhance the auditor's understanding of ESG issues and contribute to their professional development plan effectively.
References: The IIA's International Standards for the Professional Practice of Internal Auditing (Standards), specifically Standard 1230 - Continuing Professional Development, and Standard 2100 - Nature of Work.

NEW QUESTION # 384
An internal auditor is reviewing employee travel data to identify opportunities to cut costs while ensuring adequate participation at conferences to support the organization's mission. Which of the following pieces of evidence would be sufficient for completing this task?

A. A log that includes titles of conferences that all employees were invited to attend in the last year, along with the dates of those conferences and average costs per traveler.
B. A log from the last year that includes dates of travel, conference titles, and conference objectives, all of which correspond with employee names and costs per trip.
C. A log of conferences titles, dates of travel for each employee, and a detailed summary of conference objectives and how they relate to the organization's mission needs.
D. A log of employee travel requests, which include the title of each conference, the conference objectives, anticipated dates of travel, and estimated costs.

Answer: B

Explanation:
Section: Volume E

NEW QUESTION # 385
......

IIA-CIA-Part1 Latest Test Guide: https://www.braindumpquiz.com/IIA-CIA-Part1-exam-material.html

BTW, DOWNLOAD part of BraindumpQuiz IIA-CIA-Part1 dumps from Cloud Storage: https://drive.google.com/open?id=1UiKs6T62Dn1_x7wibejkI0F5aN0WCg3N

Jon Hunt Jon Hunt

Biography

Quick Links

Resources

Support