IIA Certified Internal Auditor Exam CIA Dumps in PDF

Free IIA CIA Real Questions (page: 28)

Which of the following statements regarding organizational governance is not correct?

  1. An effective internal audit function is one of the four cornerstones of good governance.
  2. Those performing governance activities are accountable to the customer.
  3. Accountability is one of the key elements of organizational governance.
  4. Governance principles and the need for an internal audit function are applicable to governmental and not-for-profit activities.

Answer(s): B



Why is the concept of residual risk important?

  1. Because residual risk is difficult to measure.
  2. Because residual risk is all of the risk that remains after controls are established.
  3. Because the cost-benefit analysis supporting control design is part of the measure of residual risk.
  4. Because the risk that remains after control design and implementation needs to be acceptable to senior management.

Answer(s): D



A major difference between enterprise risk management and traditional risk management lies in the narrow focus of traditional risk management on

I). Property and liability risks.
II). Risks with insurance solutions.
III). Risks impacting organizational objectives.

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

Answer(s): A



When an external auditor unknowingly fails to modify an opinion on financial statements that are materially misstated, this is an example of

  1. An inherent risk.
  2. A control risk.
  3. An audit risk.
  4. A residual risk.

Answer(s): C



In the annual audit of the financial statements of a company with high inherent risk and a very strong control system, the external auditor may be able to allow detection risk to rise because

  1. Audit risk has been reduced.
  2. Control risk has been assessed at a lower level.
  3. The company's operations are very susceptible to misstatements.
  4. Whenever inherent risk is high, control risk is disregarded.

Answer(s): B



Share your comments for IIA CIA exam with other users:

R
Rond65
8/22/2023 4:39:00 PM

question #3 refers to vnet4 and vnet5. however, there is no vnet5 listed in the case study (testlet 2).

C
Cheers
12/13/2023 9:55:00 AM

sometimes it may be good some times it may be

S
Sumita Bose
7/21/2023 1:01:00 AM

qs 4 answer seems wrong- please check

A
Amit
9/7/2023 12:53:00 AM

very detailed explanation !

F
FisherGirl
5/16/2022 10:36:00 PM

the interactive nature of the test engine application makes the preparation process less boring.

C
Chiranthaka
9/20/2023 11:15:00 AM

very useful.

S
SK
7/15/2023 3:51:00 AM

complete question dump should be made available for practice.

G
Gamerrr420
5/25/2022 9:38:00 PM

i just passed my first exam. i got 2 exam dumps as part of the 50% sale. my second exam is under work. once i write that exam i report my result. but so far i am confident.

K
Kudu hgeur
9/21/2023 5:58:00 PM

nice create dewey stefen

A
Anorag
9/6/2023 9:24:00 AM

i just wrote this exam and it is still valid. the questions are exactly the same but there are about 4 or 5 questions that are answered incorrectly. so watch out for those. best of luck with your exam.

N
Nathan
1/10/2023 3:54:00 PM

passed my exam today. this is a good start to 2023.

1
1
10/28/2023 7:32:00 AM

great sharing

A
Anand
1/20/2024 10:36:00 AM

very helpful

K
Kumar
6/23/2023 1:07:00 PM

thanks.. very helpful

U
User random
11/15/2023 3:01:00 AM

i registered for 1z0-1047-23 but dumps qre available for 1z0-1047-22. help me with this...

K
kk
1/17/2024 3:00:00 PM

very helpful

R
Raj
7/24/2023 10:20:00 AM

please upload oracle 1z0-1110-22 exam pdf

B
Blessious Phiri
8/13/2023 11:58:00 AM

becoming interesting on the logical part of the cdbs and pdbs

L
LOL what a joke
9/10/2023 9:09:00 AM

some of the answers are incorrect, i would be wary of using this until an admin goes back and reviews all the answers

M
Muhammad Rawish Siddiqui
12/9/2023 7:40:00 AM

question # 267: federated operating model is also correct.

M
Mayar
9/22/2023 4:58:00 AM

its helpful alot.

S
Sandeep
7/25/2022 11:58:00 PM

the questiosn from this braindumps are same as in the real exam. my passing mark was 84%.

E
Eman Sawalha
6/10/2023 6:09:00 AM

it is an exam that measures your understanding of cloud computing resources provided by aws. these resources are aligned under 6 categories: storage, compute, database, infrastructure, pricing and network. with all of the services and typees of services under each category

M
Mars
11/16/2023 1:53:00 AM

good and very useful

R
ronaldo7
10/24/2023 5:34:00 AM

i cleared the az-104 exam by scoring 930/1000 on the exam. it was all possible due to this platform as it provides premium quality service. thank you!

P
Palash Ghosh
9/11/2023 8:30:00 AM

easy questions

N
Noor
10/2/2023 7:48:00 AM

could you please upload ad0-127 dumps

K
Kotesh
7/27/2023 2:30:00 AM

good content

B
Biswa
11/20/2023 9:07:00 AM

understanding about joins

J
Jimmy Lopez
8/25/2023 10:19:00 AM

please upload oracle cloud infrastructure 2023 foundations associate exam braindumps. thank you.

L
Lily
4/24/2023 10:50:00 PM

questions made studying easy and enjoyable, passed on the first try!

J
John
8/7/2023 12:12:00 AM

has anyone recently attended safe 6.0 exam? did you see any questions from here?

B
Big Dog
6/24/2023 4:47:00 PM

question 13 should be dhcp option 43, right?

B
B.Khan
4/19/2022 9:43:00 PM

the buy 1 get 1 is a great deal. so far i have only gone over exam. it looks promissing. i report back once i write my exam.

AI Tutor 👋 I’m here to help!