IIA IIA-CIA-Part1 Quiz 28 Topic 6 Questions 136-140

Question: 1

Which of the following would be considered a violation of The IIA's mandatory guidance on independence?

AThe chief audit executive (CAE) reports functionally to the board and administratively to the chief financial officer.

BThe board seeks senior management's recommendation before approving the annual salary adjustment of the CAE.

CThe CAE confirms to the board, at least once every five years, the organizational independence of the internal audit activity.

DThe CAE updates the internal audit charter and presents it to the board for approval periodically, not on a specific timeline.

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Question: 2

According to The IIA's Code of Ethics, which of the following actions violates the principle of confidentiality?

AAccepting a consulting request in the IT department without possessing the requisite experience.

BProviding personal tax preparation services for a fee for several employees during the lunch hour.

CProviding a friend with the marketing strategic plan, which she will use to prepare her university thesis.

DAgreeing to reword an observation to avoid the client complaining directly to the auditor's supervisor.

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Question: 3

Which of the following are generally recognized as essential elements of a corporate social responsibility program?

AHuman rights and the environment.

BOrganizational governance and financial reporting.

CFair operating practices and government regulation.

DConsumer issues and return on investment.

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Question: 4

According to the HA Code of Ethics, which of the following statements best describes the principle of competency?

AInternal auditors shall perform their work with honesty, diligence, and responsibility.

BInternal auditors shall perform their work in accordance with the Standards.

CInternal auditors shall perform their work in accordance with the law and make disclosures expected by the law.

DInternal auditors shall be prudent in the use of information acquired while performing their work.

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Question: 5

Which of the following control activities is the most effective to ensure users' levels of access are appropriate for their current roles?

AThe human resources department generates a monthly list of terminated and transferred employees and requests IT to update the user access as required.

BStandardized user access profiles are developed and the appropriate access profiles are automatically assigned to new or transferred employees.

CSystem administrator rights are assigned to one user in each department who can update user access of terminated or transferred employees immediately.

DDepartment managers are required to perform periodic user access reviews of relevant systems and applications.

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IIA IIA-CIA-Part1 Quiz:28 Topic:6 Questions:136-140