IIA IIA-CRMA Dumps PDF Free Download - Page: 9

QUESTION: 41

Which of the following is not a standard technique that the chief audit executive (CAE) would use to provide evidence of supervisory review of working papers?

The CAE initials and dates every working paper after it has been reviewed.
The CAE completes an engagement working paper checklist.
The CAE prepares a memorandum discussing the results of the working paper review.
The CAE utilizes an external third party to make an objective recommendation after each working paper review.

Answer(s): D

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QUESTION: 42

Allegations have been made that an organization's share price has been manipulated.
Which of the following would provide an internal auditor with the most objective evidence in this case?

ajor shareholders of the organization.
Large customers of the organization.
Former members of management.
Former financial consultants.

Answer(s): D

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QUESTION: 43

According to the IIA guidance, who is responsible for periodically assessing the internal audit activity?

The board.
The chief audit executive.
Senior management.
The external auditors.

Answer(s): B

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An internal auditor finds during an engagement that payment for the organization's general insurance policy is two months overdue. The issue is informally mentioned to the finance department which immediately submits the invoice for payment. The auditor decides to exclude this finding from the final audit report as the oversight was immediately corrected and there were no consequences because of this late payment.

Which of the following rules of conduct as described in the IIA Code of Ethics, did the auditor fail to uphold?

Confidentiality.
Objectivity.
Integrity.
Competency.

Answer(s): B

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QUESTION: 45

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

Diversifying the risk that network access will not be available to legitimate, authorized users.
Accepting the risk that there may be attempts at unauthorized access to the network.
Avoiding the risk of having a direct network connection to un-trusted networks.
Sharing the risk that either firewall could be compromised by hackers.

Answer(s): A

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IIA Certification in Risk Management Assurance (CRMA) Exam IIA-CRMA Exam Questions in PDF

Free IIA IIA-CRMA Dumps Questions (page: 9)

QUESTION: 41

QUESTION: 42

QUESTION: 43

QUESTION: 44

QUESTION: 45