Black Friday Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: 65pass65

Good News !!! IIA-CIA-Part2 Practice of Internal Auditing is now Stable and With Pass Result

IIA-CIA-Part2 Practice Exam Questions and Answers

Practice of Internal Auditing

Last Update 2 days ago
Total Questions : 482

Practice of Internal Auditing is stable now with all latest exam questions are added 2 days ago. Incorporating IIA-CIA-Part2 practice exam questions into your study plan is more than just a preparation strategy.

IIA-CIA-Part2 exam questions often include scenarios and problem-solving exercises that mirror real-world challenges. Working through IIA-CIA-Part2 dumps allows you to practice pacing yourself, ensuring that you can complete all Practice of Internal Auditing practice test within the allotted time frame.

IIA-CIA-Part2 PDF

$43.75
$124.99

IIA-CIA-Part2 Testing Engine

$50.75
$144.99

IIA-CIA-Part2 PDF + Testing Engine

$63.7
$181.99
Question # 1

An internal auditor is testing the success of the IT support department in meeting the service levels guaranteed to small, medium and large customers. The customer's size classification is based on its annual expenditures with the organization and the nature and extent of services it receives. Which of the following sampling techniques would be the most suitable to select customers for this test?

Options:

A.  

Interval sampling

B.  

Cluster sampling

C.  

Stop-and-go sampling

D.  

Stratified sampling

Discussion 0
Question # 2

The internal audit activity (IAA) wants to measure its performance related to the quality of audit recommendations. Which of the following client survey questions would best help the IAA meet this objective?

Options:

A.  

Were audit findings relevant and useful to management?

B.  

Does the audit report format present issues clearly and concisely?

C.  

Does the IAA work with a high degree of professionalism and objectivity?

D.  

Were the findings reported in a timely manner?

Discussion 0
Question # 3

The chief audit executive (CAE) for a manufacturing company included in this year s audit plan a review of the company's laboratory, using an experienced external service provider. The audit plan was approved by the audit committee without any changes At the time of engaging the external service provider, the CAE also secured the approval from the CEO. Who is responsible for ensuring that the conclusions reached for this exercise are adequately supported7

Options:

A.  

Audit committee

B.  

CEO

C.  

CA

E.  

D.  

External service provider

Discussion 0
Question # 4

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

Options:

A.  

Identifying and managing risks in line with the entity's risk appetite.

B.  

Ensuring that a proper and effective risk management process exists.

C.  

Attaining an adequate understanding of the entity's key mitigation strategies.

D.  

Identifying and ensuring that appropriate controls exist to mitigate risks.

Discussion 0
Question # 5

An internal auditor at a bank informed the branch manager of a malfunctioning lock on one of the vaults. The risk associated with this issue was deemed significant by the chief audit executive (CAE), and immediate remediation was recommended However during a follow-up engagement the branch manager told the CAE that the risk was actually not significant, hence no action was taken. What is the most appropriate next step for the CAE?

Options:

A.  

Inform senior management that the branch manager deeded to cancel the committed action plan without any previous communication

B.  

Discuss the issue with the board which has ultimate responsibility to resolve the risk

C.  

Have another discussion with the branch manager attempt to change his view, and encourage him to movement the recommendations

D.  

Document the branch manager's decision to accept the risk otherwise, no other speak: course of action is required.

Discussion 0
Question # 6

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

Options:

A.  

CSA allows management to have input into the audit plan.

B.  

CSA allows process owners to identify, evaluate, and recommend improving control deficiencies.

C.  

CSA can improve the control environment.

D.  

CSA increases control consciousness.

Discussion 0
Question # 7

During an assurance engagement, an internal auditor noted that the time staff spent accessing customer information in large Excel spreadsheets could be reduced significantly through the use of macros. The auditor would like to train staff on how to use the macros. Which of the following is the most appropriate course of action for the internal auditor to take?

Options:

A.  

The auditor must not perform the training, because any task to improve the business process could impact audit independence.

B.  

The auditor must create a new, separate consulting engagement with the business process owner prior to performing the improvement task.

C.  

The auditor should get permission to extend the current engagement, and with the process owner's approval, perform the improvement task.

D.  

The auditor may proceed with the improvement task without obtaining formal approval, because the task is voluntary and not time-intensive.

Discussion 0
Question # 8

An internal auditor is assessing the organization's risk management framework. Which of the following formulas should he use to calculate the residual risk?

A)

B)

C)

D)

Options:

A.  

Option A

B.  

Option B

C.  

Option C

D.  

Option D

Discussion 0
Question # 9

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 degree of difficulty in achieving objectives. Which of the following resources should the CAE consult?

Options:

A.  

The corporate risk register.

B.  

The strategic plan.

C.  

Internal and external audit reports.

D.  

The board's meeting records.

Discussion 0
Question # 10

Which of the following statements is true regarding a drawback of using internal control questionnaires (ICQs)?

Options:

A.  

When internal auditors need to cover many control procedures using ICQs is generally less efficient than conducting observations and inspections

B.  

It is generally difficult for internal auditors lo compile appropriate ICQs for business activities that are governed by standardized operating procedures

C.  

ICQs are inadequate to provide effective assurance on how organizational processes are executed in practice.

D.  

It is generally difficult for internal auditors to process completed questionnaires, because ICQs frequently elicit detailed comments and long answers from management

Discussion 0
Get IIA-CIA-Part2 dumps and pass your exam in 24 hours!

Free Exams Sample Questions

sale-70-410-exam    | Exam-200-125-pdf    | we-sale-70-410-exam    | hot-sale-70-410-exam    | Latest-exam-700-603-Dumps    | Dumps-98-363-exams-date    | Certs-200-125-date    | Dumps-300-075-exams-date    | hot-sale-book-C8010-726-book    | Hot-Sale-200-310-Exam    | Exam-Description-200-310-dumps?    | hot-sale-book-200-125-book    | Latest-Updated-300-209-Exam    | Dumps-210-260-exams-date    | Download-200-125-Exam-PDF    | Exam-Description-300-101-dumps    | Certs-300-101-date    | Hot-Sale-300-075-Exam    | Latest-exam-200-125-Dumps    | Exam-Description-200-125-dumps    | Latest-Updated-300-075-Exam    | hot-sale-book-210-260-book    | Dumps-200-901-exams-date    | Certs-200-901-date    | Latest-exam-1Z0-062-Dumps    | Hot-Sale-1Z0-062-Exam    | Certs-CSSLP-date    | 100%-Pass-70-383-Exams    | Latest-JN0-360-real-exam-questions    | 100%-Pass-4A0-100-Real-Exam-Questions    | Dumps-300-135-exams-date    | Passed-200-105-Tech-Exams    | Latest-Updated-200-310-Exam    | Download-300-070-Exam-PDF    | Hot-Sale-JN0-360-Exam    | 100%-Pass-JN0-360-Exams    | 100%-Pass-JN0-360-Real-Exam-Questions    | Dumps-JN0-360-exams-date    | Exam-Description-1Z0-876-dumps    | Latest-exam-1Z0-876-Dumps    | Dumps-HPE0-Y53-exams-date    | 2017-Latest-HPE0-Y53-Exam    | 100%-Pass-HPE0-Y53-Real-Exam-Questions    | Pass-4A0-100-Exam    | Latest-4A0-100-Questions    | Dumps-98-365-exams-date    | 2017-Latest-98-365-Exam    | 100%-Pass-VCS-254-Exams    | 2017-Latest-VCS-273-Exam    | Dumps-200-355-exams-date    | 2017-Latest-300-320-Exam    | Pass-300-101-Exam    | 100%-Pass-300-115-Exams    |
http://www.portvapes.co.uk/    | http://www.portvapes.co.uk/    |