IIA-CIA-PART2 Exam Questions

The final internal audit report should be distributed to which of the following individuals?

According to IIA guidance, which of the following individuals should receive the final audit report on a compliance engagement for the organization's cash disbursements process?

If observed during fieldwork by an internal auditor, which of the following activities is least important to communicate formally to the chief audit executive?

An internal auditor submitted a report containing recommendations for management to enhance internal controls related to investments. To follow up, which of the following is the mo...

Which of the following would most likely cause an internal auditor to consider adding fraud work steps to the audit program?

Which of the following recommendations made by the internal audit activity (IAA) is most likely to help prevent fraud?

An organization's board would like to establish a formal risk management function and has asked the chief audit executive (CAE) to be involved in the process. According to IIA guid...

When creating the internal audit plan, the chief audit executive should prioritize engagements based primarily on which of the following?

Which of the following conditions are necessary for successful change management? 1. Decisions and necessary actions are taken promptly. 2. The traditions of the organization are r...

A chief audit executive (CAE) is determining which engagements to include on the annual audit plan. She would like to consider the organization's attitude toward risk and the degre...

When establishing a quality assurance and improvement program, the chief audit executive should ensure the program is designed to accomplish which of the following objectives? 1. A...

Which of the following best illustrates the primary focus of a risk-based approach to control self- assessment?

Due to a recent system upgrade, an audit is planned to test the payroll process. Which of the following audit objectives would be most important to prevent fraud?

Which of the following statements is false regarding audit criteria?

An audit client responded to recommendations from a recent consulting engagement. The client indicated that several recommended process improvements would not be implemented. Which...

Which of the following is the most important concept to be included in a consulting engagement agreement?

An employee in the sales department completes a purchase requisition and forwards it to the purchaser. The purchaser places competitive bids and orders the requested items using ap...

According to IIA guidance, which of the following are the most important objectives for helping to ensure the appropriate completion of an engagement? 1. Coordinate audit team memb...

When constructing a staffing schedule for the internal audit activity (IAA), which of the following criteria are most important for the chief audit executive to consider for the ef...

When developing the scope of an audit engagement, which of the following would the internal auditor typically not need to consider?

Which of the following situations would justify the removal of a finding from the final audit report?

According to IIA guidance, which of the following activities is most likely to enhance stakeholders' perception of the value the internal audit activity (IAA) adds to the organizat...

A chief audit executive is preparing interview questions for the upcoming recruitment of a senior internal auditor. According to IIA guidance, which of the following attributes sho...

According to IIA guidance, which of the following procedures would be least effective in managing the risk of payroll fraud?

During an assurance engagement, an internal auditor discovered that a sales manager approved numerous sales contracts for values exceeding his authorization limit. The auditor repo...

An internal auditor wants to determine whether employees are complying with the information security policy, which prohibits leaving sensitive information on employee desks overnig...

Which of the following is the primary reason the chief audit executive should consider the organization's strategic plans when developing the annual audit plan?

An organization has a health and safety division that conducts audits to meet regulatory requirements. The chief health and safety officer reports directly to the CEO. Which of the...

Which of the following factors should a chief audit executive consider when determining the audit universe? 1. Components of the organization's strategic plan. 2. Inputs from senio...

Which of the following evaluation criteria would be the most useful to help the chief audit executive determine whether an external service provider possesses the knowledge, skills...

Which of the following behaviors could represent a significant ethical risk if exhibited by an organization's board? 1. Intervening during an audit involving ethical wrongdoing. 2....

According to IIA guidance, which of the following is true regarding audit supervision? 1. Supervision should be performed throughout the planning, examination, evaluation, communic...

Which of the following best describes the four components of a balanced scorecard?

Which of the following is not a direct benefit of control self-assessment (CSA)?

An internal auditor is conducting a financial audit. Which of the following audit procedures is most appropriate when existing internal controls are weak?

A draft internal audit report that cites deficient conditions generally should be reviewed with which of the following groups? 1. The client manager and her superior. 2. Anyone who...

Which of the following statements is true pertaining to interviewing a fraud suspect? 1. Information gathered can be subjective as well as objective to be useful. 2. The primary ob...

According to IIA guidance, which of the following statements is false regarding a review of the controls in place to prevent fraud?

According to IIA guidance, which of the following accurately describes the responsibilities of the chief audit executive with respect to the final audit report? 1. Coordinate post-...

According to IIA guidance, which of the following factors should the auditor in charge consider when determining the resource requirements for an audit engagement?

According to IIA guidance, which of the following is least likely to be a key financial control in an organization's accounts payable process?

Which of the following is an appropriate role for the internal audit activity with regard to the organization's risk management program?

Which of the following would not be a typical activity for the chief audit executive to perform following an audit engagement?

During an audit of the accounts receivable (AR) process, an internal auditor noted that reconciliations are still not performed regularly by the AR staff, a recommendation that was...

A chief audit executive (CAE) received a detailed internal report of senior management's internal control assessment. Which of the following subsequent actions by the CAE would pro...

Which of the followings statements describes a best practice regarding assurance engagement communication activities?

An engagement team is being assembled to audit of one of the organization's vendors Which of the following statements best applies to this scenario?

When me internal audit activity does not have sufficient time to complete its usual root cause analysis which c4 the following is most appropriate?

To effectively communicate the acceptance of risk in an organization a chief audit executive must first consider which of the following?

In which of the following situations would an internal auditor consider the need to outsource competencies and skills9