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IIA CRMA IIA-CRMA-ADV Question # 64 Topic 7 Discussion

IIA-CRMA-ADV Exam Topic 7 Question 64 Discussion:
Question #: 64
Topic #: 7

The director of purchasing, a certified internal auditor (CIA), signs a contract to procure a large order from a supplier whose products provide the best price, quality, and performance. A few days after signing the contract, the supplier presents the CIA with $1, 000 as a gift. Which statement regarding acceptance of the money is correct?
A.

Accepting the money would be prohibited only if it were non-customary.

B.

Accepting the money would violate the IIA Code of Ethics.

C.

Because the CIA is not acting as an internal auditor, accepting the money would be governed only by the organization's code of conduct.

D.

Because the contract was signed before the money was offered, accepting the money would not violate the IIA Code of Ethics.

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Actual exam question for IIA IIA-CRMA-ADV exam by Cyra63061 at May 2, 2026, 4:35:20 PM

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