IIA IIA-CIA-Part1 Quiz 101 Topic 1 Questions 501-505

Question: 1

Which of the following factors related to an organization's performance management system would not contribute to the organization's success?

APerformance management is linked to competence and knowledge management.

BSubordinates and superiors have shared responsibility for the performance management process.

CStaff members own the performance management process, thereby ensuring implementation and accountability.

DPerformance management is integrated into other organizational processes and human resource processes.

Show Answer

Question: 2

A chief audit executive used risk assessment to prepare the audit work schedule. Which of the following would be the least appropriate reason to modify the schedule?

ANeed for coordination of audit activities with the external auditors.

BRequest for postponement since the audit would be too complicated.

CChange in the relative risk of auditable activities during the year.

DBudget constraints or expansions.

Show Answer

Question: 3

Which of the following would be the most effective action for an internal audit activity to take in order to assist in improving an organization's ethical climate?

I . Review formal and informal processes within the organization that could promote unethical behavior.

II . Conduct surveys of employees, suppliers, and customers regarding ethics.

III . Assess the employees' knowledge of and compliance with the organization's code of conduct.

AI only

BI and II only

CII and III only

DI, II, and III.

Show Answer

Question: 4

Which of the following would provide the best assessment of an organization's ethical climate?

ANumber of years that directors have been appointed to the board.

BEvidence of training provided to the board of directors on ethical issues.

CClarity and consistency of consequences imposed by the board of directors for ethical violations.

DFrequency of fraud reported and results of subsequent investigations.

Show Answer

Question: 5

When performing benchmarking during the planning phase of a performance audit, an internal auditor should:

ADetermine the current performance gap.

BProject future performance levels.

CDevelop functional action plans.

DIdentify comparative organizations.

Show Answer

IIA IIA-CIA-Part1 Quiz:101 Topic:1 Questions:501-505