IIA-CRMA-ADV : Certification in Risk Management Assurance (CRMA Advanced) Exam

IIA-CRMA-ADV Dumps
IIA-CRMA-ADV Braindumps
IIA-CRMA-ADV Real Questions
IIA-CRMA-ADV Practice Test
IIA-CRMA-ADV Actual Questions


IIA
IIA-CRMA-ADV
Certification in Risk Management Assurance (CRMA Advanced)
https://killexams.com/pass4sure/exam-detail/IIA-CRMA-ADV

Question: 64
To identify potential efficiency improvements.
A. 1 and 2.
B. 1 and 3.
C. 2 and 4.
D. 3 and 4.
Answer: B
Question: 65
While reviewing first quarter sales transactions, an internal auditor discovered that 10 invoices for a new customer had
not been posted into the accounts receivable subsidiary ledger. Those 10 invoices were listed in an error report
automatically generated by the sales processing system. The system had rejected the invoices because the customer's
account number was not found in the customer master file.
In this scenario, which of the following controls was lacking?
A. Corrective control.
B. Preventive control.
C. Detective control.
D. Directive control.
Answer: B
Question: 66
Which of the following would most likely be considered a red flag for fraud?
A. An organization lacks a whistleblower hotline for reporting suspicious activity.
B. A senior manager has been delegating the authority to sign-off on small dollar amount purchases to a subordinate.
C. An employee in charge of payroll disbursements has rotated these duties with several colleagues.
D. An employee with significant personal debt is in charge of handling large wire transfers for the organization.
Answer: D
Question: 67
Which of the following actions does not violate the IIA Code of Ethics or Standards?
A. An internal auditor performing an audit on an operation that they managed less than a year ago.
B. An internal auditor performing an audit on procedures that they were responsible for creating.
C. An internal auditor disclosing details of an audit report to colleagues from a different organization.
D. An internal auditor disclosing confidential information in response to a lawsuit.
Answer: D
Question: 68
Which of the following risk management activities is most appropriate for an internal auditor to undertake?
A. Impose risk management processes.
B. Coordinate risk management activities.
C. Implement risk responses on management's behalf.
D. Review the management of key risks.
Answer: D
Question: 69
An internal auditor finds during an engagement that payment for the organization's general insurance policy is two
months overdue. The issue is informally mentioned tothe finance department which immediately submits the invoice
for payment. The auditor decides to exclude this finding from the final audit report as the oversight was immediately
corrected and there were no consequences because of this late payment.
Which of the following rules of conduct as described in the IIA Code of Ethics, did the auditor fail to uphold?
A. Confidentiality.
B. Objectivity.
C. Integrity.
D. Competency.
Answer: B
Question: 70
Which of the following would be considered a preventive control?
A. A library control log.
B. A review of exception reports.
C. A password lock on a server.
D. A software scan of financial records for irregularities.
Answer: C
Question: 71
Leave blank space for cross-references to be completed during the post-audit process.
A. 1 and 2 only
B. 1 and 4 only
C. 2 and 3 only
D. 3 and 4 only
Answer: D
Question: 72
Which type of objectives can best be described as broad goals that promote the effective and efficient use of
resources?
A. Strategic objectives.
B. Operational objectives.
C. Reporting objectives.
D. Compliance objectives.
Answer: B
Question: 73
According to the Standards, for how long should internal auditors who have previously performed or had management
responsibility for an operation wait to become involved in future internal audit activity with that same operation?
A. Three months.
B. Six months.
C. One year.
D. Two years.
Answer: C

User: Tassa***** I passed the iia-crma-adv exam this month with the help of killexams.com very reliable preparation questions and answers. I did not think that practice tests could help me achieve such high marks, but now I know that killexams.com is more than just a practice test. It provides you with everything you need to pass the exam and learn everything you need to know, saving your time and effort.

User: Youri***** I want to inform everyone that I achieved a solid score on the iia-crma-adv exam thanks to Killexams.com. Their material is a reliable exam practice test that I highly recommend to anyone working towards an IT certification. Everyone in my IT organization has used or heard of Killexams.com, as they not only help you pass but also ensure that you become a successful expert in your field.

User: Nellie***** When I was approaching my iia-crma-adv exam, I found myself running out of time and feeling extremely anxious. I regretted wasting time on useless material and began to search for a solution. Thats when I came across killexams.com and its comprehensive resources specifically designed for candidates taking the iia-crma-adv exam for IIA. With their help, I was able to achieve good scores in the exam.

User: Catherine***** The iia-crma-adv exam is not easy, but thanks to Killexams.com, I got the top marks. The iia-crma-adv practice test includes actual exam questions, modern updates, and more. This helped me focus on what I needed to learn without wasting time on unnecessary matters. I used their iia-crma-adv exam simulator, and it made me feel very assured on the exam day. I also posted my marks on my resume and LinkedIn profile, which is a remarkable reputation booster.

User: Zinaida***** I am delighted because I scored very high in my iia-crma-adv exam thanks to Killexams.com. I could not believe I would be able to do it, but Killexams.com made me believe otherwise. The internet educators are doing an excellent job, and I salute them for their determination and devotion to their work.

---