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Certified Bank Auditor (CBA) VIP Practice Exam
CBA — The Certified Bank Auditor (CBA) credential is administered by the Bank Administration Institute (BAI); the computer-based exam contains approximately 200 questions covering banking operations, internal audit standards, risk management, regulatory compliance, financial reporting, IT audit, and fraud/ethics, and requires roughly four hours to complete.
30
Questions
240m
Time Limit
75.00%
To Pass
Question 1 of 30👑 VIP
During the planning phase of an audit of a commercial lending department, the audit team discovers that the bank's loan review function reports directly to the Chief Credit Officer rather than to Internal Audit. Loan losses have increased 18% year-over-year, and the most recent loan review report was completed 14 months ago. Which of the following represents the MOST significant audit concern raised by these facts?
Questions 2–30 and full explanations are VIP-exclusive.