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QIA Dumps - Qualified Internal Auditor Practice Exam Questions

IQN QIA - Professional Qualifications Practice Exam

  • Certification Provider:IQN
  • Exam Code:QIA
  • Exam Name:Qualified Internal Auditor Exam
  • Total Questions:80 Questions and Answers
  • Updated on:Nov 21, 2024
  • Product Format: PDF & Test Engine Software Version
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IQN QIA This Week Result

QIA Question and Answers

Question # 1

The requirements for staffing level, education and training, and audit research should be included in

Options:

A.  

The internal auditing department's charter.

B.  

The internal auditing department's policies and procedures manual.

C.  

The annual plan for the internal auditing department.

D.  

Job descriptions for the various staff positions.

Discussion 0
Question # 2

Which of the following control procedures would provide the greatest assurance that all donations to a non-profit organization are immediately deposited to the organization’s account?

Options:

A.  

Use a lockbox to receive all donations.

B.  

Perform periodic internal audits of theorganization’scash receipts by tracing deposits to the original posting in the cash receipts records.

C.  

Require that all donations be made by cheque.

D.  

Require issuance of a confirmation receipt to all donors, with the receipt issued by the person who opens and deposits the cash receipts.

Discussion 0
Question # 3

To test compliance with a policy regarding sales returns recorded during the most recent year, an auditor systematically selected 5% of the actual returns recorded in March and April. Returns during these two busiest months of the year represented about 25% of total annual returns.

Error projections from this sample have limited usefulness because

Options:

A.  

The small size of the sample relative to the population makes sampling risk unacceptable.

B.  

The failure to stratify the population according to sales volume results in bias.

C.  

The systematic selection of returns during the two months is not sufficiently random.

D.  

The error rates during the two busiest months may not be representative of the whole year.

Discussion 0

PDF vs Software Version

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With the complete collection of QIA practice test, Exams4sure has assembled to take you through Professional Qualifications test questions for your IQN exam preparation. In this QIA exam dumps study guide we have compiled real Qualified Internal Auditor exam questions with their answers so that you can prepare and pass Professional Qualifications exam in your first attempt.

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