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Download Full Version IIA-CIA-Part2 IIA Exam

Page: 4 / 14
Total 360 questions
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Practice of Internal Auditing Questions and Answers

Question 13

Which of the following statements is true regarding the final assurance engagement report issued to management?

Options:

A.

Ratings are only used to assess the condition of an observation made by an internal auditor.

B.

Audit findings may be communicated to management prior to issuance of the final approved audit report.

C.

Communications must be relevant logical, and free from errors before they are disseminated.

D.

The audit report must present the information in the following order (1) audit scope, (2) engagement objectives, and (3) engagement results

Question 14

Which of the following recommendation types is most likely to propose the most long-term solutions?

Options:

A.

Condition-based recommendations

B.

Cause-based recommendations

C.

Effect-based recommendations

D.

Root cause-based recommendations

Question 15

The internal audit activity has adopted the balanced scorecard approach to assess its performance According to MA guidance which of the following is a key performance indicator relevant to the audit client?

Options:

A.

Percentage of recommendations implemented by corrective action date

B.

Staff experience

C.

Percentage of planned audits completed

D.

Conformance with the International Professional Practices Framework

Question 16

Which of the following engagement techniques would be best to meet the objective of denting a personal conflict -of -interest situation affecting an organization’s procurement function?

Options:

A.

Inquiry

B.

Analytical review

C.

Observation

D.

Inspection of documents

Page: 4 / 14
Total 360 questions
Get IIA-CIA-Part2 Full Access Download IIA-CIA-Part2 PDF