IIA IIA-CIA-Part1 Practice Exams
Last updated on Oct 22,2026- Exam Code: IIA-CIA-Part1
- Exam Name: CIA Exam Part One: Essentials of Internal Auditing
- Certification Provider: IIA
- Latest update: Oct 22,2026
Which of the following statements best represents the duo professional care that is required of internal auditors?
- A . Internal auditors should perform assurance procedures to ensure that all significant risks are identified.
- B . Internal auditor should not perform consulting engagements for operations for which they had previous responsibilities.
- C . Internal auditors should consider the cost of assurance in relation to the potential benefits.
- D . Internal auditors should device internal audit programs to confirm that the results are accurate.
Upon completion of an external quality assessment, which of the following would the chief audit executive be required to report to the board?
- A . The total time spent to accomplish the external assessment
- B . The detailed evaluation results of the external assessment
- C . The competency and independence of the external assessment team
- D . The timetable and schedule of the next external assessment
Upon completion of an external quality assessment, which of the following would the chief audit executive be required to report to the board?
- A . The total time spent to accomplish the external assessment
- B . The detailed evaluation results of the external assessment
- C . The competency and independence of the external assessment team
- D . The timetable and schedule of the next external assessment
Which of the following risk management techniques best describes the strategy of obtaining insurance to protect against losses due to bad weather conditions?
- A . Risk avoidance
- B . Risk reduction
- C . Risk acceptance
- D . Risk sharing
Why is it imperative for the chief audit executive to track and develop the educational qualifications of internal audit staff?
- A . To accurately conduct performance appraisals
- B . To ensure that staff complete required continuing professional education credits annually.
- C . To ensure that the resources needed to complete the audit plan are available.
- D . To satisfy the audit committee requirements.
In which of the following ways could stakeholders be engaged in corporate social responsibility efforts?
- A . Investigation of health and safety incidents.
- B . Auditing of controls and management systems.
- C . Communication of disclosures and external reporting,
- D . Involvement in focus groups and complaint management
Which documents would help a forensic auditor identify instances of collusion between an employee and vendor to defraud the organization?
- A . Email correspondence.
- B . Payment request forms.
- C . Vendor invoices.
- D . Bank statements.
Which documents would help a forensic auditor identify instances of collusion between an employee and vendor to defraud the organization?
- A . Email correspondence.
- B . Payment request forms.
- C . Vendor invoices.
- D . Bank statements.
According to IIA guidance, which of the following statements is true regarding ISO 31000?
- A . The key principles approach checks whether each element of the risk management process is in place.
- B . The framework is effective in addressing the organization’s structure, size, and risk profile but not its culture objectives.
- C . The end point for improving an organization s approach to risk management should be a gap analysis that evaluates any changes.
- D . A combination of the three primary approaches to the framework generally yields the most information despite the complexity
Which of the following is the most appropriate reason for a chief audit executive to conduct an external assessment more frequently than five years?
- A . Significant changes in the organization’s accounting policies or procedures would warrant timely analysis and feedback.
- B . More frequent external assessments can serve as an equivalent substitute for internal assessments.
- C . The parent organization’s internal audit activity agreed to perform biennial reciprocal external assessments to provide greater assurance at a reduced cost.
- D . A change in senior management or internal audit leadership may change expectations and commitment to conformance.