CIA IIA-CIA-Part1 Exam Questions and Answers PDF

The profitability impact of its products in developing markets.

The amount of political donations to local government races.

The number of complaints related to traffic from its new factory.

The compensation packages awarded to senior management.

The internal audit charter does not identify which audit services are outsourced

The internal audit charter has not been reviewed by the legal department

The internal audit charter has not been approved by the board within the past year

The internal audit charter does not describe the authority of the internal audit activity

The organization s risk appetite mission, and objectives are dearly outlined.

The organization s risk management practices are assessed as mature.

The organization has adopted risk management frameworks and global models.

The organization s significant risks are identified and adequately assessed

The chief audit executive is well qualified and has responsibilities over operational areas that the internal audit activity assesses.

Periodic self-assessments are assigned to entry-level internal audit staff to support their continuing professional development.

All audit workpapers are reviewed and signed by the engagement supervisor before the audit report is issued.

Employees who rotate into the internal audit activity from other areas of the organization are assigned to audit areas where they previously worked, to take advantage of their operational expertise and experience.