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IQN QIA Exam With Confidence Using Practice Dumps

Exam Code:
QIA
Exam Name:
Qualified Internal Auditor
Certification:
Professional Qualifications
Vendor:
IQN
Questions:
80
Last Updated:
Dec 10, 2024
Exam Status:
Stable
IQN QIA

QIA: Professional Qualifications Exam 2024 Study Guide Pdf and Test Engine

Are you worried about passing the IQN QIA (Qualified Internal Auditor) exam? Download the most recent IQN QIA braindumps with answers that are 100% real. After downloading the IQN QIA exam dumps training , you can receive 99 days of free updates, making this website one of the best options to save additional money. In order to help you prepare for the IQN QIA exam questions and verified answers by IT certified experts, CertsTopics has put together a complete collection of dumps questions and answers. To help you prepare and pass the IQN QIA exam on your first attempt, we have compiled actual exam questions and their answers. 

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Qualified Internal Auditor Questions and Answers

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Question 1

During the audit of inventories, an internal auditor specified a precision of 5% instead of the 4% contained in the preliminary audit program.

What would be the impact of the change in precision?

Options:

A.

A decrease in population standard deviation.

B.

An increase in population standard deviation.

C.

A decrease in required sample size

D.

An increase in required sample size

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Question 2

An internal auditor would trace copies of sales invoices to shipping documents in order to determine that:

Options:

A.

Customer shipments were billed.

B.

Sales that are billed were also shipped.

C.

Shipments to customers were also recorded as receivables.

D.

The subsidiary accounts receivable ledger was updated.

Question 3

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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