IIA-CIA-Part1 Exam Dumps | An internal auditor in a newly established internal audit activity identifies many control weaknesses

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Question 74/349

An internal auditor in a newly established internal audit activity identifies many control weaknesses and raises a number of high-priority recommendations in her first few audit engagements. The internal auditor is concerned that there seems to be a poor understanding by management of risk and control. Which of the following is the most likely reason for this?

A. Poor performance by individual operational managers in the areas audited.

B. Unrealistic expectations by the internal audit activity on the quality of risk management and control.

C. A lack of an effective organizational framework for risk management and control.

D. A failure by the internal audit activity to identify and manage the organization's risks.

Question List (349q): Question 1: With regard to the internal audit activity's quality assuran...; Question 2: Which of the following is most accurate concerning corporate...; Question 3: Which of the following types of policies best helps promote ...; Question 4: According to IIA guidance, which of the following statements...; Question 5: According to IIA guidance, which policy, established by the ...; Question 6: Which of the following is true regarding risk analysis?...; Question 7: Which of the following is a preventive control the organizat...; Question 8: According to ISO 31000, which of the following statements is...; Question 9: A chief audit executive (CAE) is concerned that the internal...; Question 10: Which of the following scenarios best illustrates due profes...; Question 11: The internal audit activity is asked to review the effective...; Question 12: According to IIA guidance which of the following statements ...; Question 13: Which of the following is the best reason why the engagement...; 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Question 74/349

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