IIA-CRMA-ADV dumps materials - exam dumps for IIA-CRMA-ADV: Certification in Risk Management Assurance

IIA Certification in Risk Management Assurance - IIA-CRMA-ADV certification

Exam Code: IIA-CRMA-ADV

Exam Name: Certification in Risk Management Assurance

Updated: Sep 10, 2026

Q & A: 285 Questions and Answers

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About IIA Certification in Risk Management Assurance - IIA-CRMA-ADV exam dumps

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IIA IIA-CRMA-ADV Exam Syllabus Topics:

SectionWeightObjectives
Internal Audit Roles and Responsibilities20%- Roles and competencies
  • 1. Evaluate internal audit independence
  • 2. Determine assurance and consulting services for risk management
  • 3. Assess required knowledge, skills, and competencies
- Coordination
  • 1. Assist with internal risk assurance mapping
  • 2. Coordinate risk assurance efforts
  • 3. Recommend organisationwide risk management strategy
Risk Management Assurance55%- Risk management approach
  • 1. Select data analytics techniques for risk and assurance
  • 2. Evaluate approaches for assessing risk
- Assurance processes
  • 1. Evaluate effectiveness of risk management at all levels
  • 2. Prioritize audit engagements based on risk assessment
  • 3. Evaluate design and application of risk identification and assessment
- Communication
  • 1. Manage audit communication and reporting
  • 2. Evaluate responses to key organisational risks
  • 3. Deliver communications on risk management effectiveness
Risk Management Governance25%- Risk management integration
  • 1. Analyze integration into objectives and strategy
  • 2. Examine integrated risk reporting effectiveness
  • 3. Evaluate management's commitment to risk management
- Governance, risk, and control frameworks
  • 1. Assess application of risk and control frameworks
  • 2. Evaluate governance structure and risk management concepts
  • 3. Assess key elements of risk culture and oversight

IIA Certification in Risk Management Assurance Sample Questions:

Question #1

Which of the following must be in existence as a precondition to developing an effective system of internal controls?

  • A. A risk assessment process.
  • B. An information and communication process.
  • C. A monitoring process.
  • D. A strategic objective-setting process.
Answer: A
Question #2

Why are preventative controls generally preferred to detective controls?

  • A. Because preventive controls identify exceptions after-the-fact, allowing them to be used after the entire review is complete and therefore finding exceptions that detective controls may have missed.
  • B. Because preventive controls include output procedures, which cover the full range of possible reviews, reconciliations and analysis.
  • C. Because preventive controls promote doing the right thing in the first place, and lessen the need for corrective action.
  • D. Because preventive controls are more sensitive and identify more exceptions than detective controls.
Answer: C
Question #3

Which of the following types of fraud includes embezzlement?

  • A. Fraudulent statements.
  • B. Corruption.
  • C. Bribery.
  • D. Misappropriation of assets.
Answer: D
Question #4

Which of the following techniques would best assist an internal auditor in evaluating the efficiency of a wholesale grocery distributor`s process to fill and package orders for shipping?

  • A. A program evaluation and review technique chart.
  • B. Decision trees rating actual performance against requirements.
  • C. Queuing theory to assess potential bottlenecks in the process.
  • D. A Bedford analysis of orders filled to average delivery times.
Answer: C
Question #5

According to IIA guidance, which of the following statements describes one of the similarities between assurance and consulting services?

  • A. Both assurance and consulting services generally involve the internal auditor, the area under review, senior management, and the board.
  • B. Internal auditors determine the engagement objectives, scope, and work program for both assurance and consulting services.
  • C. When planning assurance and consulting engagements, internal auditors must consider the strategies and objectives of the activity being reviewed.
  • D. Internal auditors must not provide assurance or consulting services for an activity for which they had responsibility within the previous year.
Answer: C

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