Iia certkiller cia Iia-cia-part1 Syllabus Exam Questions Answers by Margaret q68 vce pdf

Page: 43 / 54

Exam Name:	Internal Audit Fundamentals
Exam Code:	IIA-CIA-Part1 Dumps
Vendor:	IIA	Certification:	CIA
Questions:	735 Q&A's	Shared By:	margaret

Question 172

According to IIA guidance, which of the following statements is true regarding consulting engagements performed by the internal audit activity?

Options:

Consulting engagements typically involve four or five parties: the internal audit activity, engagement client, senior management, board, and sometimes the external auditor.

The scope of a consulting engagement is determined by either the engagement supervisor or chief audit executive, and it is finalized prior to beginning fieldwork.

According to the Standards, internal auditors are permitted to carry out certain management functions during a consulting engagement.

A preliminary risk assessment may not be needed for consulting engagements, because the expectations and objectives of the engagement are determined by the engagement client.

Discussion

Question 173

According to IIA guidance, which of the following actions is a chief audit executive required to take with regard to reporting the results of the quality assurance and improvement program?

Options:

Report external assessments upon completion of such assessments

Report external assessments at least annually

Report ongoing monitoring quarterly

Report post-engagement reviews at least once every five years

Discussion

Question 174

The organization's internal audit charter was last updated six years ago. To update the charter, which of the following actions is most appropriate for the chief audit executive to take?

Options:

Wait for the next external assessment and address all of the missing information in the charter based on the recommendations from the external assessment team.

Perform a review of IIA guidance to become acquainted with the latest mandatory elements prior to updating the charter

Use an internal audit charter template from another organization that operates within the same industry.

Identify an individual within the internal audit activity who has in-depth knowledge of mandatory IIA guidance elements to address any gaps or areas of the current version of the charter that could be improved.

Discussion

Billy

It was like deja vu! I was confident going into the exam because I had already seen those questions before.

Vincent Apr 10, 2026

Definitely. And the best part is, I passed! I feel like all that hard work and preparation paid off. Cramkey is the best resource for all students!!!

Josie

I just passed my certification exam using their dumps and I must say, I was thoroughly impressed.

Fatimah Apr 5, 2026

You’re right. The dumps were authentic and covered all the important topics. I felt confident going into the exam and it paid off.

Ayra

How these dumps are necessary for passing the certification exam?

Damian Apr 6, 2026

They give you a competitive edge and help you prepare better.

Ilyas

Definitely. I felt much more confident and prepared because of the Cramkey Dumps. I was able to answer most of the questions with ease and I think that helped me to score well on the exam.

Saoirse Apr 27, 2026

That's amazing. I'm glad you found something that worked for you. Maybe I should try them out for my next exam.

Question 175

An organization’s board of directors has decided that the internal audit activity must have greater access to different pans of the organization in order to perform their assurance work effectively Which of !he following areas is the board seeking to improve by making this change?

Options:

Internal audit authority.

Internal audit reporting structure.

Internal audit independence and objectivity.

Internal audit interaction with the board