Title : CIA Part 1 - Internal Audit
Fundamentals
https://www.passcert.com/CIA-Part1-2025.html
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, 1.During the planning stage of an assurance engagement, the engagement supervisor initially reviews
the control environment to identify and examine possible fraud risks.
Which finding should be considered a potential red flag?
A. Senior management reinforces the code of ethics.
B. Senior management sets unattainable business targets.
C. Senior management reiterates the whistleblowing policy.
D. Senior management does not have a succession plan.
Answer: B
2.An organization is considering the acquisition of a target organization. Senior management asks the
internal audit function to advise on the target organization’s information security practices.
What type of internal audit service is this?
A. System development.
B. Process reengineering.
C. Due diligence.
D. Benchmarking.
Answer: C
3.What should the internal audit function promote to most effectively deter fraud?
A. Fraud data mining.
B. Fraud risk assessments.
C. Whistleblowing mechanisms.
D. Ethical culture.
Answer: D
4.Which control is meant to prevent fraud?
A. A whistleblower hotline for reporting fraud anonymously.
B. A periodic presentation to the entire organization to elevate fraud resilience culture.
C. A year-end reconciliation of significant accounts and general ledgers.
D. A review of exceptions approved by management for alignment with delegated authority.
Answer: B
5.Which of the following options would include the policies and procedures that help ensure
management’s risk responses are accomplished?
A. Information and communication.
B. Control activities.
C. Risk assessment.
D. Monitoring.
Answer: B
6.Which of the following is the appropriate next step after management identifies and implements risk
responses?
A. Prioritize risks.
B. Assess the severity of risks.
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