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
A risk assessment showed that the cost of addressing a particular risk in the organization’s human resources department is greater than the perceived benefit.
Which risk response approach should the organization take in this scenario?
- A . Reduce the risk.
- B . Transfer the risk.
- C . Accept the risk.
- D . Share the risk.
Identify and mitigate risks to help meet the CSR program objectives.
- A . 1,2, and 3,
- B . 1 2, and 4.
- C . 1, 3, and 4.
- D . 2, 3, and 4.
Which of the following would be the most effective fraud prevention control?
- A . Email alert sent to management for checks issued over $100,000.
- B . Installation of a video surveillance system in a warehouse prone to inventory loss.
- C . New hire training to explain fraud and employee misconduct.
- D . Daily report that identifies unsuccessful system log-in attempts
Following a quality assurance review of a small internal audit activity, the external reviewer and the chief audit executive (CAE) cannot agree on the importance of several deficiencies noted during the review.
Which of the following would be the most appropriate next step for the reviewer to take?
- A . Remove the areas of disagreement from the scope of the engagement and seek informal compromises with the CAE.
- B . Issue the report to senior management, noting the deficiencies for immediate resolution.
- C . Issue the report, noting the deficiencies with comments that address the areas of disagreement.
- D . Request arbitration from the audit committee to resolve discrepancies prior to issuing the final report
According to IIA guidance, which of the following is the primary reason the chief audit executive discusses the internal audit charter with senior management and the board?
- A . To provide guidance and solicit feedback on managing the internal audit activity as expected by various stakeholders.
- B . To provide an understanding of the Mission of Internal Audit and The IIA’s mandatory guidance elements.
- C . To provide an update on the internal audit activity’s quality of engagement supervision.
- D . To provide information on existing internal audit planning, changes to the internal audit plan, and the rationale for the changes
According to IIA guidance, which of the following is true of the internal audit activity’s quality assurance and improvement program?
1 Monitoring the internal audit activity’s performance must be ongoing
2 All aspects of the internal audit activity should be evaluated
3 The requirement for external assessments can be satisfied through self-assessments that are validated by an independent external party
4 The review of assurance services should be the primary focus
- A . 1 and 2 only
- B . 2 and 3 only
- C . 1, 2 and 3
- D . 1 3 and 4
According to NA guidance, which of the following actions by the chief audit executive would best ensure that internal auditors demonstrate due professional care?
- A . Developing policies and procedures for the internal audit activity.
- B . Ensuring the internal audit activity is not found fallible during audit engagements.
- C . Undertaking all engagements that management requests of the internal audit activity.
- D . Ensuring the internal audit activity reports functionally to the board of directors.
With regard to governance, which of the following is a board-level responsibility rather than a management responsibility?
- A . Obtaining assurance on external financial, regulatory, and internal audits.
- B . Complying with laws, regulations, and codes.
- C . Assigning authority and responsibilities organization wide.
- D . Monitoring and measuring performance.
Which of the following would most likely represent an objectivity impairment for an internal auditor?
- A . Providing fraud awareness training and disseminating information regarding the organization’s fraud hotline.
- B . Performing consulting services after disclosing that the auditor had previous responsibilities in the area under review.
- C . Performing an assurance engagement related to the cash receipts process three years after transferring to the internal audit activity from accounts receivable.
- D . Performing a compliance audit on a vendor prior to disclosing that the vendor’s office manager is the auditor’s brother.
According to NA guidance which of the following should be documented in the internal audit chatter?
- A . The risk assessment process applied by the internal audit activity
- B . The organization’s internal control framework used by the internal audit activity
- C . The nature of consulting services provided by the internal audit activity
- D . The performance evaluation process used by the internal audit activity