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
The internal audit activity is responsible for conducting fraud investigations. A potential fraud instance was identified during an audit engagement. The chief audit executive appoints a lead investigator.
Which of the following would most likely be the next step?
- A . Ask internal auditors to gather all relevant information and evidence.
- B . Identify and interview witnesses first and potential suspects later.
- C . Conduct a fraud risk assessment to identify the most vulnerable areas.
- D . Determine the competencies needed and assess whether team members have a conflict of Interest.
Which of the following situations presents the lowest risk of impairing an internal audit activity’s independence?
- A . Senior management has the authority to terminate the chief audit executive
- B . Senior management has control over the internal audit activity’s budget
- C . Senior management provides feedback on the scope of the internal audit plan.
- D . Senior management limits the internal audit activity’s access to the board
Which of the following written documents typically offers the best evidence that internal auditors exercise due professional care in conformance with the Standards?
- A . Internal audit charter.
- B . Workpaper.
- C . Audit report.
- D . Code of ethics.
Which of the following best demonstrates conformance with the Standards relating to continuing professional development of internal auditors?
- A . Regulatory approval from an accrediting agency.
- B . Self-assessments against a competency framework.
- C . Approval and signoff from the board of directors.
- D . A review by external auditors on an annual basis
According to MA guidance, which of the following statements is true regarding an effective governance process?
- A . It stipulates that risk needs to be considered when making strategic decisions.
- B . It encourages strict segregation of the risk management and internal control processes.
- C . It relies on effective risk management when establishing the organization’s risk appetite.
- D . It relies on the board to devise ways to communicate the effectiveness of internal controls.
The chief audit executive (CAE) of a new internal audit activity is creating an internal audit charter According to IIA guidance, which of the following terms is most likely to be included in the charter?
- A . Senior management will be present whenever the CAE interacts with the board, to ensure effective communication among all three parties.
- B . Internal auditors will advise on the design of control policies and procedures in any area where the organization does not possess the requisite expertise,
- C . Internal auditors will demonstrate competence, concern, and the dedication expected of a professional,
- D . Internal auditors will receive performance-based compensation, including bonuses for reporting more than a stipulated number of observations.
The internal audit activity plans to audit a supplier quality management process within the supply chain function.
In what way is this assurance engagement similar to a typical consulting engagement?
- A . For both types of engagements, internal auditors are solely responsible for deciding the goals and objectives.
- B . For both types of engagements, internal auditors must obtain requisite skillsets for the areas where their team lacks competencies.
- C . For both types of engagements, internal auditors should not be involved in the engagement if they previously managed the supply chain function.
- D . For both types of engagements, internal auditors are prohibited from undertaking operational responsibilities.
Which of the following best describes the internal audit activity’s responsibility within a risk and control framework?
- A . The internal audit activity constitutes the first line of defense in effective risk management.
- B . The internal audit activity provides direction regarding internal controls implementation.
- C . The internal audit activity verifies that management has met its responsibility for implementing effective controls.
- D . The internal audit activity implements the internal control framework and advises management regarding best practices.
Make arrangements to obtain assistance from a competent IT auditing expert.
- A . 1 and 4 only.
- B . 2 and 3 only.
- C . 1. 2, and 3 only.
- D . 1, 3, and 4 only.
Make arrangements to obtain assistance from a competent IT auditing expert.
- A . 1 and 4 only.
- B . 2 and 3 only.
- C . 1. 2, and 3 only.
- D . 1, 3, and 4 only.