Financial CCSA Dumps in PDF and Online - Page: 1

QUESTION: 1 Exam Topic: Section 1: Sec One (1 to 33)

Details:Domain I
CSA Fundamentals
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A methodology that can be used by managers and internal auditors to assess the adequacy of an organization's risk management and control processes is called:

Control self-assessment
Control certifications
Managerial control
Risk control

Answer(s): A

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QUESTION: 2 Exam Topic: Section 1: Sec One (1 to 33)

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Details:Domain I
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Which of the following is NOT the purpose of an organization that uses self-assessment to have a formal, documented process that allows management and work teams to participate in a structured manner?

Identifying risk factors and significant exposures.
Accessing the control processes that do not mitigate or manage those risks.
Developing action plans to reduce risks to acceptable levels.
Determining the likelihood of, or assisting in, the achievement of business objectives.

Answer(s): B

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QUESTION: 3 Exam Topic: Section 1: Sec One (1 to 33)

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Details:Domain I
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The purpose of Control self-assessment is:

to make analysis through interviews
to find report issued by auditors
through which internal control effectiveness is examined and assessed
to focus on policies and procedures that are strategy compliance

Answer(s): C

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QUESTION: 4 Exam Topic: Section 1: Sec One (1 to 33)

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Details:Domain I
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Which of the following is Correct?

Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations.
Take guidelines to analyst conflicts of internal auditing.
Required orientation and continuing education regarding audits.
Assets are safeguards for internal audits.

Answer(s): A

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