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Score Higher on Verified IIA-CRMA | Certification in Risk Management Assurance (CRMA) Exam Questions with Answers

Are you ready to take the Certification in Risk Management Assurance (CRMA) Exam? To learn IIA-CRMA exam questions, smart security solutions, and move IT forward, you need the IIA-CRMA Certification. Whether you're making security rules for the whole company or working on hard problems, IIA makes sure you're ready for anything. Crack4sure offers study materials and practice problems covering the exam syllabus for IIA Courses, including Certification in Risk Management Assurance (CRMA) Exam. Check for daily deals to get products that can help you pass.

IIA-CRMA Questions and Answers

Question # 1

A new chief audit executive (CAE) of a large internal audit activity (IAA) is dissatisfied with the current amount and quality of training being provided to the staff and wishes to implement improvements. According to IIA guidance, which of the following actions would best help the CAE reach this objective?

A.

Require that all staff obtain a minimum of two relevant audit certifications.

B.

Perform a gap analysis of the IAA's existing knowledge, skills and competencies.

C.

Engage a consultant to benchmark the IAA's training program against its peers.

D.

Assign one experienced manager to better coordinate staff training and development activities.

Question # 2

Which of the following is the most effective strategy to manage the risk of foreign exchange losses due to sales to foreign customers?

A.

Hire a risk consultant.

B.

Implement a hedging strategy.

C.

Maintain a large foreign currency balance.

D.

Insist that customers only pay in a stable currency.

Question # 3

A computer system automatically locks a user's account after three unsuccessful attempts to log on.

Which type of control does this scenario represent?

A.

Corrective control.

B.

Preventive control.

C.

Detective control.

D.

Compensating control.

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