IIA IIA-CFSA Exam Questions

Question 6 of 509

Internal auditors, engaging in activities that are illegal and discreditable to the profession of internal auditing or the organization, violate which of the following principles:

Objectivity

Awareness

Integrity

Competence

Correct Answer: C

Question 7 of 509

Which of the following statements is NOT related to competency principle of internal auditing? Internal auditors:

Shall continually improve their proficiency and effectiveness and quality of their services

Shall perform internal auditing services in accordance with the standards for the professional practice of internal auditing

Shall engage only in those services for which they have the necessary knowledge, skills and experience

Shall disclose all material facts known to them that, if not disclosed, may distort the reporting of activities under review

Correct Answer: D

Question 8 of 509

While performing consulting services internal auditors should specifically maintain:

Proficiency level

Objectivity

Competence

Confidentiality

Correct Answer: B

Question 9 of 509

All these statements elaborate purpose of standards EXCEPT:

Foster improved organizational processes and operations

Establish the basis for the evaluation of internal audit performance

Subvert the framework for performing and promoting broad range of value-added internal audit activities.

Delineate basic principles that represent the practice of internal auditing as it should be

Correct Answer: C

Question 10 of 509

Nature of internal audit activities and quality criteria against which the performance of these services can be evaluated is best portrayed by:

Performance Standards

Attribute Standards

Implementation Standards

Evaluation Standards

Correct Answer: A