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IIA-CIA-Part1 Exam Dumps : Essentials of Internal Auditing

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IIA IIA-CIA-Part1 Exam Dumps FAQs

Q. # 1: What is the IIA IIA-CIA-Part1 Exam?

The IIA IIA-CIA-Part1 Exam, also known as the Certified Internal Auditor Part 1, tests the foundational knowledge of internal auditing. It covers topics such as governance, risk management, and control

Q. # 2: Who should take the IIA CIA Part 1 Exam?

The IIA IIA-CIA-Part1 Exam is ideal for internal audit professionals, risk management specialists, and anyone seeking a comprehensive understanding of internal audit principles and practices. It's particularly beneficial for those aspiring to earn the prestigious CIA designation.

Q. # 3: What topics are covered in the IIA CIA Part 1 Exam?

The IIA IIA-CIA-Part1 Exam focuses on six core domains aligned with the IIA's International Professional Practices Framework (IPPF):

  • The Definition of Internal Auditing
  • Independence and Objectivity
  • Proficiency and Due Professional Care
  • Quality Assurance and Improvement Programs
  • Governance, Risk Management, and Control
  • Fraud Risk

Q. # 4: How many questions are on the IIA IIA-CIA-Part1 Exam?

The IIA IIA-CIA-Part1 Exam consists of 125 multiple-choice questions.

Q. # 5: How long is the IIA IIA-CIA-Part1 Exam?

Candidates have 2.5 hours (150 minutes) to complete the IIA IIA-CIA-Part1 Exam.

Q. # 6: What is the passing score for the IIA IIA-CIA-Part1 Exam?

The passing score for the IIA IIA-CIA-Part1 Exam is 600 out of 750.

Q. # 7: What is the difference between IIA IIA-CIA-Part1 and IIA-CIA-Part2 Exams?

The IIA IIA-CIA-Part1 and IIA-CIA-Part2 exams are both parts of the Certified Internal Auditor (CIA) certification, but they focus on different aspects of internal auditing.

  • IIA IIA-CIA-Part1 Exam: The IIA IIA-CIA-Part1 Exam covers the basics of internal auditing, including the foundations of internal auditing, independence and objectivity, proficiency and due professional care, quality assurance and improvement programs, governance, risk management, and control, and fraud risks.
  • IIA IIA-CIA-Part2 Exam: The IIA IIA-CIA-Part2 Exam delves into the practical aspects of internal auditing. It includes managing the internal audit activity, planning the engagement, performing the engagement, and communicating engagement results and monitoring progress.

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CertsTopics offers high-quality IIA-CIA-Part1 PDFs and a comprehensive IIA-CIA-Part1 testing engine tailored for the IIA IIA-CIA-Part1 exam, ensuring a well-rounded preparation.

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Q. # 11: Is there any refund policy available for the IIA-CIA-Part1 study guide materials?

CertsTopics offers a refund policy if you are unable to pass the IIA IIA-CIA-Part1 exam after using our IIA-CIA-Part1 study guide materials. Our success guarantee ensures that you are fully supported throughout your preparation.

Essentials of Internal Auditing Questions and Answers

Question 1

What is the best course of action when the internal audit activity does not have the knowledge necessary to perform a planned audit of the organization's new IT data backup process?

Options:

A.

Postpone the audit engagement to a later date.

B.

Recruit and hire a full-time staff auditor who is proficient in data backup processes.

C.

Change the plan from an assurance engagement to a consulting engagement.

D.

Provide data backup training to the engagement supervisor.

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Question 2

According to MA guidance, which of the following gives the internal audit activity the authority to request supporting documentation for the invoices of a third-party service provider?

Options:

A.

The internal audit policy manual.

B.

The internal audit charter.

C.

The board of directors.

D.

The quality assurance and improvement program.

Question 3

Which of the following corporate social responsibility strategies is associated with responding to outside pressure by assuming additional responsibility?

Options:

A.

Accommodation.

B.

Reaction.

C.

Defense.

D.

Proaction.