Financial Certified Internal Auditor (CIA) CIA-I Exam Questions in PDF

Free Financial CIA-I Dumps Questions (page: 21)

Which statement is not true regarding the performance management process?

  1. Staff specialists own the process in order to ensure implementation and accountability.
  2. Subordinates and superiors have shared responsibility for managing the process.
  3. Performance management is linked to competence and knowledge management.
  4. Performance management is integrated into other organizational and human resource processes.

Answer(s): A



Which of the following environments is most likely to help prevent fraud within an organization?

I). Realistic organizational goals and objectives have been set.
II). Legal counsel is available for consultation on a timely basis.
III). Procedures exist to investigate fraud when it is identified.
IV). A well-designed control system exists.

  1. I and II only.
  2. I and IV only.
  3. II and III only.
  4. III and IV only.

Answer(s): B



Which of the following is an objective of internal control?

  1. Reconciliation.
  2. Accuracy.
  3. Segregation of duties.
  4. Authorization.

Answer(s): B



An internal audit activity encounters a scope limitation from senior management that will affect its ability to meet its goals and objectives for a potential engagement client.
The nature of the scope limitation should be

  1. Noted in the audit workpapers, but the engagement should be carried out as scheduled, with any necessary adjustments made based on the scope limitation.
  2. Communicated to the external auditors so that they can investigate the area in more detail.
  3. Communicated, preferably in writing, to the board.
  4. Communicated to management, stating that the limitation will not be accepted because it would impair the audit activity's independence.

Answer(s): C



Which of the following situations allows for the most objectivity on the part of an internal auditor?

  1. Assessing testing procedures in a new computer system.
  2. Performing a risk assessment of a new financial instrument.
  3. Drawing conclusions from a sample of financial transactions.
  4. Comparing current environmental activities against legislation.

Answer(s): D



Share your comments for Financial CIA-I exam with other users:

P
Pedro Afonso
1/15/2024 8:01:00 AM

in question 22, shouldnt be in the data (option a) layer?

P
Pushkar
11/7/2022 12:12:00 AM

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A
Ankit S
11/13/2023 3:58:00 AM

q15. answer is b. simple

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S. R
12/8/2023 9:41:00 AM

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Mungara
3/14/2023 12:10:00 AM

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7/25/2023 2:55:00 AM

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8/16/2023 2:35:00 PM

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11/23/2023 12:22:00 AM

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JM
12/19/2023 2:23:00 PM

q252: dns poisoning is the correct answer, not locator redirection. beaconing is detected from a host. this indicates that the system has been infected with malware, which could be the source of local dns poisoning. location redirection works by either embedding the redirection in the original websites code or having a user click on a url that has an embedded redirect. since users at a different office are not getting redirected, it isnt an embedded redirection on the original website and since the user is manually typing in the url and not clicking a link, it isnt a modified link.

F
Freddie
12/12/2023 12:37:00 PM

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8/25/2023 7:30:00 AM

question 423 eigrp uses metric

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1/12/2024 4:53:00 PM

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12/29/2023 4:07:00 AM

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kevin
9/29/2023 8:04:00 AM

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6/13/2023 11:15:00 AM

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shime
10/24/2023 4:23:00 AM

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Thembelani
5/30/2023 2:40:00 AM

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9/8/2023 5:31:00 AM

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9/27/2023 8:15:00 PM

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Chiranthaka
9/20/2023 11:22:00 AM

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Not Miguel
11/26/2023 9:43:00 PM

for this question - "which three type of basic patient or member information is displayed on the patient info component? (choose three.)", list of conditions is not displayed (it is displayed in patient card, not patient info). so should be thumbnail of chatter photo

A
Andrus
12/17/2023 12:09:00 PM

q52 should be d. vm storage controller bandwidth represents the amount of data (in terms of bandwidth) that a vms storage controller is using to read and write data to the storage fabric.

R
Raj
5/25/2023 8:43:00 AM

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max
12/22/2023 3:45:00 PM

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Muhammad Rawish Siddiqui
12/8/2023 6:12:00 PM

question # 208: failure logs is not an example of operational metadata.

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Sachin Bedi
1/5/2024 4:47:00 AM

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Kenneth
12/8/2023 7:34:00 AM

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8/9/2023 4:16:00 AM

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SD
7/13/2023 12:56:00 AM

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kanjoe
7/2/2023 11:40:00 AM

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