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IQN QIA Exam With Confidence Using Practice Dumps

Exam Code:
QIA
Exam Name:
Qualified Internal Auditor
Vendor:
Questions:
80
Last Updated:
Jun 16, 2025
Exam Status:
Stable
IQN QIA

QIA: Professional Qualifications Exam 2025 Study Guide Pdf and Test Engine

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Qualified Internal Auditor Questions and Answers

Question 1

To identify shortages of specific items in an inventory of expensive goods held for retail sale, the most appropriate audit work step is to

Options:

A.

Apply the retail method of inventory valuation.

B.

Compare physical inventory counts to perpetual records.

C.

Develop inventory estimates based on the gross profit percentage method.

D.

Analyzecurrent and previous inventory turnover rates.

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Question 2

Which of the following is not an argument for principles-based approach to corporate governance?

Options:

A.

The same rules might not be suitable for every company

B.

There are some aspects of corporate governance that cannot be regulated easily

C.

Companies do not have the choice of ignoring the rules

D.

The most suitable corporate governance practices can differ between companies

Question 3

Computer fraud is discouraged by

Options:

A.

Being willing to prosecute.

B.

Ostracizingwhistle-blowers.

C.

Overlooking inefficiencies in the judicial system.

D.

Accepting the lack of integrity in the system.