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
When dealing with various stakeholders which of the following is true regarding an internal auditor’s responsibility to remain objective and independent?
- A . When deciding between conflicting reports of a control’s performance from a control operator and the operator’s manager the internal auditor should generally believe the manager
- B . Some audit issues may remain unremediated and unreported if management will accept recommendations that the internal auditor deems more important
- C . The internal auditor may initially disagree with management s acceptance of a risk, but reevaluate and agree with management’s judgment after further discussion
- D . When working on business unit audits it is sometimes sufficient for the internal auditor to report deficiencies only to the unit manager when remediation is not complex
According to IIA guidance, which of the following most appropriately justifies the CEO’s decision that the internal audit activity shall be responsible for risk management and investigation at a multinational organization?
- A . The recommendation of the parent office external auditors.
- B . The provisions of the internal audit charter
- C . The authority of the CEO.
- D . The level of proficiency of the chief audit executive
Which should the internal auditor first consider when assessing fraud risks during an engagement?
- A . Compare the organizations fraud strategies with the industry’s strategies.
- B . Review any related prior fraud investigations.
- C . Investigate any related fraud allegations.
- D . Communicate any suspicious fraud activities to management.
Which should the internal auditor first consider when assessing fraud risks during an engagement?
- A . Compare the organizations fraud strategies with the industry’s strategies.
- B . Review any related prior fraud investigations.
- C . Investigate any related fraud allegations.
- D . Communicate any suspicious fraud activities to management.
If the skills and competencies are not present within the internal audit activity to complete an ad-hoc assurance engagement, which of the following is an acceptable resolution?
- A . Politely decline the engagement due to a lack of qualified staff available at the time.
- B . Complete the engagement as requested, with the best of the current staffs abilities.
- C . Consider using employees from other departments in the organization on the audit team.
- D . Change the scope of the testing to ensure that only available staff proficiencies are used
Which of the following scenarios best illustrates the Fraud Triangle component known as "perceived opportunity"?
- A . Substantial bonuses are awarded if financial targets are met.
- B . Duties are not properly segregated.
- C . Employees may perceive favoritism and feel overlooked and resentful.
- D . Bonuses may not be paid this year.
Which of the following scenarios best illustrates the Fraud Triangle component known as "perceived opportunity"?
- A . Substantial bonuses are awarded if financial targets are met.
- B . Duties are not properly segregated.
- C . Employees may perceive favoritism and feel overlooked and resentful.
- D . Bonuses may not be paid this year.
Which of the following is a true statement regarding whistleblowing?
- A . Whistleblowing is one of several possible ethical structures an organization can undertake to encourage ethical behavior.
- B . Whistleblowing programs help employees deal with ethical questions and instill ethical values into everyday behavior
- C . Whistleblowers are current or former employees who are disgruntled and looking to retaliate.
- D . Whistleblowers should inform the organization about actual criminal circumstances, not assumed allegations
A newly appointed chief audit executive (CAE) started analyzing the organization’s policies in an attempt to customize them to address internal audit specifics.
Which of the following organizationwide practices is most likely to be acceptable to the CAE?
- A . Internal auditors1performance evaluation is primarily based on both client satisfaction surveys and cost savings identified from the audits.
- B . Standard training for each employee, including internal auditors, is 10 hours per year.
- C . To enhance efficiency, internal auditors should not be rotated regularly among engagements.
- D . Hiring practices include requiring potential auditors to disclose any significant stock ownership in the organization.
Which of the following is an example of corruption?
- A . Recognizing revenue up front rather than over a contract’s life to inflate revenue for the current period
- B . Requesting reimbursement for overstated travel and entertainment expense amount
- C . Misstating realized foreign currency transaction gains or losses
- D . Demanding payment from a vendor for decisions made in the vendor’s favor