Most Recent IIA-CIA-Part1 Exam Dumps

Prepare for the IIA Certified Internal Auditor Exam exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the IIA-CIA-Part1 exam and achieve success.

The questions for IIA-CIA-Part1 were last updated on Apr 22, 2026.

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Question No. 1

Which of the following should catch the internal auditor's attention as a potential red flag for fraud?

AThe accounting unit keeps detailed records and preserves supporting documentation in excess of company requirements

BOne of the subsidiaries has more bank accounts than any other comparable subsidiary

CThe same external audit firm has been with the company for three years without rotation

DThe arithmetic median tenure of employees working at production facilities is 15 years

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Correct Answer: B

Question No. 2

While preparing the audit plan for an automobile manufacturing company, the chief audit executive (CAE) noted that the company's engineering department received a high risk ranking. However, the internal audit activity is understaffed, and current staff do not possess the necessary skills to adequately assess the effectiveness of the engineering department. What is the most appropriate course of action for the CAE to take?

AInclude the engineering department on the audit plan, use the available internal audit resources to conduct the review, and exclude procedures that cannot be adequately assessed.

BAdvise management to accept the assessed risk until the internal auditors are able to review the area adequately.

CRecruit internal auditors with the required competencies and wait until they are employed before including this audit on the internal audit plan.

DProceed with a review of the engineering department but supplement the internal audit team with nonauditors from an external engineering company who have the required skills to assist

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Correct Answer: D

Question No. 3

Which of the following best demonstrates that the internal audit activity is using due professional care?

AThe internal audit activity reports directly to the board on the engagements it performs.

BInternal auditors undertake the necessary training to complete their audit work.

CThe completion of engagements is based on the assumption that fraudulent activities may exist.

DInternal auditors consider the use of technology-based audit and other data analysts techniques

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Correct Answer: B

Question No. 4

Which of the following best describes a consulting engagement rather than an assurance engagement?

ABank internal auditors review an activity checklist to determine that the loan officer followed proper procedures.

BThe chief financial officer asks for the internal auditor's opinion regarding whether the new accounting pronouncements were properly and comprehensively adopted.

CAn internal auditor is assigned to assess whether a proposed new initiative to convert a customer service system would be cost-effective.

DSenior management asks the internal audit activity to review compliance with customer data security regulations.

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Correct Answer: B

Question No. 5

During an assurance engagement an internal auditor discovered that risk limits risk limit were set for a new market expansion project Management of the area under review was eager to comply and submitted a potential risk limit value for the auditor's review and approval. Which of the following would be an appropriate course of action for the auditor to take?

AReview the submission and if no further remarks exist approve the risk limits

BProvide advice if needed and ask management of the area under review to forward to senior management and the board for approval

CDevelop risk limit calculation criteria and ask management of the area under review to resubmit the values.

DAvoid providing any advice or review until the audit report is issued

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Correct Answer: B

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