IIA IIA-CIA-Part1 Quiz 1 Topic 4 Questions 1-5

Question: 1

The management team of an agricultural organization has prioritized corporate social responsibility (CSR) initiatives. Which of the following would be considered a CSR activity'?

AOffering a one-off donation to an environmental charity for its expansion efforts

BOrganizing organization volunteers to provide periodic plantation skill sharing to farmers

CProviding special year-end monetary bonuses to the organization's employees at all levels

DArranging a free-of-charge picnic for all of the organization's employees and their family members

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Question: 2

Which of the following is a typical characteristic of an organization's risk management framework*?

ARisk tolerance may or may not align with risk appetite depending on whether the assessment is quantitative or qualitative

BRisk is assessed on both an inherent and a residual basis

CThe framework addresses four organizational objective categories strategic, historical, operational, and investment

DExternal risks and internal opportunities are omitted from the risk assessment scope

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Question: 3

Which of the following is the best example of an ongoing independent monitoring activity'?

AManagement quality assurance activities

BInternal audit fraud prevention and detection activities

CManagement and supervisory activities

DExternal audit quality assurance activities

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Question: 4

An internal auditor was assigned to work in the procurement department for six months to gam m-depth knowledge about the procurement process Which of the following personnel development practices was applied in this situation?

ACosourcing

BInbound rotation

CGuest auditor

DOutbound rotation

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Question: 5

According to NA guidance, which of the following corporate sociaf responsibility (CSR) evaluation activities may be performed by

the internal audit activity?

1. Consult on CSR program design and implementation.

2. Serve as an advisor on CSR governance and risk management.

3. Review third parties for contractual compliance with CSR terms.

4. Identify and mitigate risks to help meet the CSR program objectives.

A1,2, and 3,

B1 2, and 4.

C1, 3, and 4.

D2, 3, and 4.

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IIA IIA-CIA-Part1 Quiz:1 Topic:4 Questions:1-5