Free IIA IIA-CRMA-ADV Practice Exams Questions 2026 - TheExamsLabs

Start Preparation with the Latest and Real 100% Free Certification in Risk Management Assurance IIA-CRMA-ADV Exam Dumps Questions Practice 2026

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Total 283 Questions | Updated On: Jun 16, 2026

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Question 1

As a matter of policy, the chief audit executive routinely rotates internal audit staff assignments and periodically interviews the staff to discuss the potential for conflicts of interest. These actions help fulfill which of the following internal audit mandates?

A : Organizational independence.

B : Professional objectivity.

C : Due professional care.

D : Individual proficiency.

Answer: B

Question 2

Which of the following is not an appropriate activity for internal auditors to perform?

A : Recommend management seek a consulting firm to advise on outsourcing.

B : Highlight matters that require management-s attention.

C : Implement solutions for specific organizational problems.

D : Accumulate data, obtain varying views, and report information to senior management.

Answer: C

Question 3

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

A : When an internal auditor releases required information to a regulator, resulting in a significant loss through fines and penalties for the organization, he fails to add value.

B : When an internal auditor limits the scope of the audit engagement after learning that management is hiding relevant information, he demonstrates integrity.

C : When an internal auditor disagrees with the treatment received by workers in the organization-s foreign subsidiary and alters the audit program to highlight the issue, he fails to demonstrate objectivity.

D : When an internal auditor continues with an audit engagement, despite the audit client-s claims that the work performed is unnecessary and redundant he fails to demonstrate competency.

Answer: C

Question 4

Which of the following actions best demonstrates that an internal auditor is exercising due professional care?

A : The auditor performs thorough reviews and provides absolute assurance of regulatory compliance.

B : The auditor is alert to the possibility of fraud and activities where irregularities are most likely to occur.

C : The auditor recommends improvements for all of the organization-s procedures and practices.

D : The auditor is cognizant of reducing travel expenses by combining a personal vacation with a business trip.

Answer: B

Question 5

According to IIA guidance, which of the following is not a responsibility of the chief audit executive pertaining to documenting information to support internal audit engagement results and conclusions?

A : Rating each engagement record to assess its relevance and accessibility for the organization-s board.

B : Controlling access to engagement records, including access by senior management.

C : Developing retention requirements for engagement records that are consistent with organizational guidelines.

D : Forming policies governing the custody and retention of consulting engagement records before their release to other parties.

Answer: A

Page: 1 / 57

Total 283 Questions | Updated On: Jun 16, 2026

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