Practice IIA-CIA-Part1-3P-CHS Exam Online

Question 1

According to IIA guidance, which of the following statements about working papers is false?

A : They assist in the implementation of recommendations.

B : They provide support for communication to third parties.

C : They demonstrate compliance with auditing standards

D : They contribute to development of the internal audit staff.

Answer: A

Question 2

In a manufacturing organization, all sales prices are determined centrally and are electronically sent to the distribution centers to update their sales price tables.

Any pricing deviations must be approved by central headquarters. To determine how this process is functioning, an internal auditor should:

A : Document the flow of sales price information, and determine how the table is accessed and updated.

B : Develop a flowchart of the sales order process to determine how orders are taken and priced.

C : Identify who approves the shipment of goods and how the goods are priced.

D : Obtain a copy of the existing flowchart for the computer program to determine how price data are accessed

Answer: A

Question 3

What type of risk management strategy is being employed when an organization installs two firewalls to provide protection from unauthorized access to the network?

A : Diversifying the risk that network access will not be available to legitimate, authorized users.

B : Accepting the risk that there may be attempts at unauthorized access to the network.

C : Avoiding the risk of having a direct network connection to un-trusted networks

D : Sharing the risk that either firewall could be compromised by hackers.

Answer: A

Question 4

An internal auditor is reviewing a new automated human resources system. The system contains a table of pay rates which are matched to the employee job classifications. The best control to ensure that the table is updated correctly for only valid pay changes would be to

A : Limit access to the data table to management and line supervisors who have the authority to determine pay rates.

B : Require a supervisor in the department, who does not have the ability to change the table, to compare the changes to a signed management authorization.

C : Ensure that adequate edit and reasonableness checks are built into the automated system.

D : Require that all pay changes be signed by the employee to verify that the change goes to a bona fide employee.

Answer: B

Question 5

An internal auditor would like to identify the involvement of various organizational units in handling employee travel reimbursement claims. Which of the following methods would be most effective and efficient in completing this task?

A : Process mapping.

B : Interviewing

C : Monitoring

D : Distributing questionnaires.

Answer: A

Name:	Certified Internal Auditor - Part 1, Internal Audit Basics
Exam Code:	IIA-CIA-Part1-3P-CHS
Certification:	Certified Internal Auditor
Vendor:	IIA
Total Questions:	951
Last Updated:	Apr 23, 2024

IIA IIA-CIA-Part1-3P-CHS