IIA-CIA-Part1 Exam Dumps | An internal audit activity maintains a quality assurance and improvement program that includes annual

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Question 196/373

An internal audit activity maintains a quality assurance and improvement program that includes annual self- assessments. The internal audit activity includes in each engagement report a clause that the engagement is conducted in conformance with the International! Standards for the Professional Practice of Internal Auditing (Standards). Which of the following justifies inclusion of this clause in the reports?

A. Internal audit activity policies and engagement records provide relevant, sufficient, and competent evidence that the statement is correct.

B. The audit committee has reviewed the annual self-assessment results and approved the use of the clause.

C. The self-assessment results were validated by a qualified external review team three years prior.

D. The internal audit charter, approved by the audit committee, requires conformance with the Standards

Question List (373q): Question 1: The collaborating style for conflict resolution, where the p...; Question 2: Which of the following statements best represents the due pr...; Question 3: Which of the following documents are internal auditors most ...; Question 4: In the COSO internal control framework, which of the followi...; Question 5: According to IIA guidance, which of the following statements...; Question 6: According to HA guidance, if an internal auditor suspects fr...; Question 7: A large commercial bank was fined by regulators for fraudule...; Question 8: Which of the following would be considered an indicator that...; Question 9: An internal auditor assessed that the risk of steel theft at...; Question 10: According to IIA guidance, which of the following statements...; Question 11: Which of the following is an appropriate role for the intern...; Question 12: Which of the following parties would be responsible for ongo...; Question 13: Which of the following should a general internal auditor be ...; Question 14: Operational management in the IT department has developed ke...; Question 15: A newly appointed chief audit executive (CAE) started analyz...; Question 16: Which of the following processes does the board manage to en...; Question 17: In its five years of existence, an internal audit activity c...; Question 18: The organization's internal audit charter was last updated s...; Question 19: In the context of an internal control framework, organizatio...; Question 20: It is important for the chief audit executive to consider th...; Question 21: Which of the following is an example of corruption?...; Question 22: Which of the following statements is true regarding occupati...; Question 23: Senior management asks the chief audit executive to review t...; Question 24: To encourage internal audit objectivity, which of the follow...; Question 25: Which of the following specifications in an internal audit c...; Question 26: The accounting department asked the chief audit executive (C...; Question 27: Which of the following is the primary engagement responsibil...; Question 28: To comply with the proficiency standard which of the followi...; Question 29: According to IIA guidance, which of the following best descr...; Question 30: During a review of the procurement function, an internal aud...; Question 31: Which type of engagement requires that the client agrees wit...; Question 32: The chief audit executive (CAE) planned an in-person group t...; Question 33: During an assurance engagement the internal audit team disco...; Question 34: An organization allows the same individual to physically acc...; Question 35: Which level of corporate social responsibility does whistleb...; Question 36: A chief audit executive (CAE) is currently employed at a com...; Question 37: A subsidiary of the organization was preparing for an initia...; Question 38: Which of the following is true regarding internal audit role...; Question 39: Which of the following disclosures must the chief audit exec...; Question 40: Which of the following is the first step in the process of i...; Question 41: Guidelines need to be set for various levels of suspected fr...; Question 42: The chief audit executive (CAE) has decided to outsource an ...; Question 43: Which of the following is an area that an organization would...; Question 44: A newly hired chief audit executive is reviewing available d...; Question 45: What is the primary reason for establishing a continuing pro...; Question 46: According to IIA guidance, which of the following activities...; Question 47: Which of the following statements is most accurate with resp...; Question 48: Anew internal auditor suspects fraud is taking place. Which ...; Question 49: Which of the following is an example of the chief audit exec...; Question 50: The accounting department asked the chief audit executive (C...; Question 51: When beginning an engagement to assess the effectiveness of ...; Question 52: An accounts payable clerk has recently transferred Into the ...; Question 53: Management authorizes internal audit only to view production...; Question 54: Which of the following threatens internal audit objectivity'...; Question 55: An internal auditor notes that inventory counts are conducte...; Question 56: Regarding assurance and consulting services provided by the ...; Question 57: Regarding the chief audit executive (CAE). which ot the foll...; Question 58: Which of the following statements best describes a functiona...; Question 59: Which of the following statements is true regarding corporat...; Question 60: Which statement accurately describes the authority of the in...; Question 61: When taken by a chief audit executive, which of the followin...; Question 62: Which of the following offers the best evidence that the int...; Question 63: An organization sells products through distributors. 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Question 196/373

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