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IIA Certification in Risk Management Assurance (CRMA) Exam

Certification Provider: IIA
Exam Name: Certification in Risk Management Assurance (CRMA) Exam
Number of questions in our database: 283
Exam Version: Jun. 06, 2021
Exam Official Topics:
  • Topic 1: Developing and implementing risk mitigation plans/ Integrity, ethical values, and other soft controls
  • Topic 2: Periodic review of risk management processes to aid in continuous improvement/ Objectives of risk management processes
  • Topic 3: Advocate for the establishment of risk management/ Risk capacity, appetite, and tolerance of organization
  • Topic 4: Develop risk management strategy for board approval/ Management's philosophy and operating style
  • Topic 5: Monitoring risk mitigation plans and emerging risks/ Role, authority, responsibility, etc., for risk management
  • Topic 6: Setting objectives at all levels to achieve strategic initiatives/ Review the management of key risks
  • Topic 7: Coach management in responding to risks/ Needs and expectations of key internal stakeholders
  • Topic 8: Maintain and develop the risk management framework/ Documentation of governance-related decision-making
  • Topic 9: Facilitate identification and evaluation of risks/ Management of third party business relationships
  • Topic 10: Coordinate risk management activities/ Risk analysis and evaluation including correlation, inter dependencies, and prioritization

Free IIA Certification in Risk Management Assurance (CRMA) Exam Exam Actual Questions

The questions for Certification in Risk Management Assurance (CRMA) Exam were last updated On Jun. 06, 2021

Question #1

Which of the following professional development approaches would offer internal auditors the most opportunities to broaden their engagement experiences?

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Correct Answer: D

Question #2

Which of the following items should the chief audit executive disclose to senior management regarding the results of the internal audit activity's quality assessments?

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Correct Answer: B

Question #3

An IT contractor applied for an internal audit position at a bank. The contractor worked for the bank's IT security manager two years ago. If the audit manager interviewed the contractor and wants to extend a job offer, which of the following actions should the chief audit executive pursue?

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Correct Answer: A

Question #4

An organization is facing a financial downturn and needs to impose major budget reductions to all departments. According to MA guidance, which of the following actions is most appropriate for the board to take to evaluate the potential impact on the internal audit activity?

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Correct Answer: C

Question #5

What is the additional advantage of facilitated workshops, in comparison with structured interviews, used when testing the effectiveness of entity-level controls?

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Correct Answer: C


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