Month End Sale - Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: xmaspas7

Easiest Solution 2 Pass Your Certification Exams

IIA-CRMA-ADV IIA Certification in Risk Management Assurance Free Practice Exam Questions (2025 Updated)

Prepare effectively for your IIA IIA-CRMA-ADV Certification in Risk Management Assurance certification with our extensive collection of free, high-quality practice questions. Each question is designed to mirror the actual exam format and objectives, complete with comprehensive answers and detailed explanations. Our materials are regularly updated for 2025, ensuring you have the most current resources to build confidence and succeed on your first attempt.

IIA IIA-CRMA-ADV Premium Access     Download Demo    
Page: 5 / 5
Total 283 questions

An internal auditor wants to sample data to test an audit theory in a cost-effective way. Which of the following sampling strategies should she use?

A.

Statistical sampling only

B.

Nonstatistical sampling only

C.

A combination of both statistical and nonstatistical sampling.

D.

Neither approach to testing the audit theory would be cost effective.

Internal auditors must exercise due professional care by considering which of the following?

1. Cost of assurance in relation to potential benefits.

2. Adequacy and effectiveness of governance, risk management, and control processes.

3. Management's competency level in the area being evaluated.

4. Probability of significant errors, fraud, or noncompliance.

A.

1 and 2 only

B.

1, 2, and 3 only

C.

1, 2, and 4 only

D.

2, 3, and 4 only

Which of the following options is the most cost-effective and efficient way for internal auditors to keep current with the latest developments in the internal audit profession?

A.

Attending annual professional conferences and seminars.

B.

Participating in on-the-job training in various departments of the organization.

C.

Pursuing as many professional certifications as possible.

D.

Maintaining membership in The HA and similar professional organizations and subscribing to relevant email updates or news feeds.

According to The IIA's Code of Ethics, which of the following is true?

A.

Confidentiality requires that auditors disclose all material facts known to them.

B.

Integrity requires that auditors perform internal audit services in accordance with the Standards.

C.

Objectivity requires that auditors perform their work with honesty, diligence, and responsibility.

D.

Confidentiality requires that auditors be prudent in the use and protection of client information.

IIA IIA-CRMA-ADV Premium Access     Download Demo    
Page: 5 / 5
Total 283 questions
Copyright © 2014-2025 Solution2Pass. All Rights Reserved